228 Ludlam St., Lowell MA 01850

Lowell, MA 01850
$650,000
Est. $3,460/month
5
Beds
2
Baths
2,202
Sq Ft
$295
Price/Sq Ft
0.13
Acres
1930
Year Built
2 Family - 2 Units Up/Down
Type
5
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73221487

About this home

Welcome Home!! This fantastic two family home is located just 1.5 miles from UMASS Lowell. Don't miss this outstanding owner occupant opportunity to live in the vacant first floor unit and rent out the second floor!! Each has separate utilities. First floor offers fresh paint and carpeting throughout, 2 large bedrooms, 1 bath and a recently updated kitchen. Full basement with washer/dryer hookups and a nice freshly painted covered farmers porch. Second floor is a townhouse style unit with 2-3 bedrooms, 1 bath and nice sized living room. All decking to the second floor unit has also been freshly painted. This home also comes with the RARE bonus of a 4 car detached garage. This will not last!! Tenant living on the second floor is a long term tenant paying below market rent. Second floor unit can ONLY BE SHOWN at the open house April 13, 2024 from 11:00-1:00. All offers highest and best are due Monday at 12:00. p.m.

Sale Statistics

Sale Overview
Original List Price: $599,900
Final Sale Price: $650,000
Difference: +$50,100 (+8.4%)
Performance Metrics
108.4%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $272
Sale $/sq ft: $295
This property sold for $295 per square foot
Sale Summary

This property sold for 8.4% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1930
Bedrooms
5
Full Bathrooms
2
Living Area
2,202 sq ft
Total Rooms
9
Stories
3
Levels
3

Interior Features

Flooring
Vinyl, Carpet
Heating
Hot Water, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Exterior Features
Balcony/Deck
Patio/Porch Features
Deck - Roof, Deck - Wood
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.13 acres
Lot Size
5,662 sq ft
Lot Size Area
0.1300
Road Frontage Type
Public

Parking & Garage

Garage Spaces
4
Has Garage
Yes
Total Non-Garage Parking Spaces
10
Parking Features
Paved Drive, Off Street, Paved
Covered Parking Spaces
4

Utilities & Systems

Utilities Available
for Electric Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Golf, Medical Facility, Laundromat, House of Worship, Private School, Public School, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,567
Tax Year
2024
Tax Assessed Value
$467,400
Parcel Number
3186595
Zoning
TTF

Additional Details

Year Built Source
Public Records
Year Built Details
Actual

Location

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Neighborhood

228 Ludlam St., Lowell MA 01850

Lowell, MA 01850

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $464
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.7%
Price Range
6
Total Days on Market

Property Timeline

Sold
May 23, 2024
$650,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Apr 9, 2024
$599,900
Original listing
Agent: Kelli Gilbride Office: Foundation Brokerage Group

Price & Status History

Date Event Price Change
Apr 9, 2024 New Listing Added $599,900

Market Statistics

Days on Market
5 days
Price per Sq Ft
$295

Tax History

Year Taxes Assessment
2024 $5,567 $467,400

Financial Details

Annual Property Tax
$5,567
Tax Year 2024
Assessed Value
$467,400

Listing Information

Listing Agent Kelli Gilbride
Listing Office Foundation Brokerage Group
Agent MLS ID CN203444
Office MLS ID AN7081

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