487 - 489 E Merrimack St, Lowell MA 01852

Lowell, MA 01852
$620,000
Est. $3,300/month
5
Beds
2
Baths
1,989
Sq Ft
$312
Price/Sq Ft
0.27
Acres
1960
Year Built
Multi Family
Type
30
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73284158

About this home

This stunning 2 Family property features a 3-bed, 1-bath unit and a 2-bed, 1-bath unit, offering great potential for house hackers or investors. Located close to walking trails, the T-station, the university, and schools, this property is ideal for those looking to live in one unit while renting out the other, or for maximizing rental income. With its prime location and versatile layout, this property is a must-see! Buyer/Buyer agent to do own due diligence. Listing agency has vested interest. Seller has never occupied the property. Open Houses on Saturday 9/7 12 PM -2 PM & Sunday 9/8 10AM -12PM

Sale Statistics

Sale Overview
Original List Price: $599,999
Final Sale Price: $620,000
Difference: +$20,001 (+3.3%)
Performance Metrics
103.3%
List to Sale Ratio
Sold above asking price
30
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $302
Sale $/sq ft: $312
This property sold for $312 per square foot
Sale Summary

This property sold for 3.3% above the original asking price, indicating strong buyer demand.

The property spent 30 days on market before selling.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1960
Bedrooms
5
Full Bathrooms
2
Living Area
1,989 sq ft
Total Rooms
10
Stories
3
Levels
3

Interior Features

Flooring
Vinyl
Has Fireplace
No
Interior Features
Living Room, Kitchen
Basement Details
Partially Finished
Window Features
Storm Window(s)
Door Features
Storm Door(s)

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter
Patio/Porch Features
Deck
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.27 acres
Lot Size
11,761 sq ft
Lot Size Area
0.2700
Lot Features
Sloped, Steep Slope
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Off Street

Utilities & Systems

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

Community & HOA

Community Features
Walk/Jog Trails, Private School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,654
Tax Year
2024
Tax Assessed Value
$474,700
Parcel Number
M:218 B:1950 L:487
Zoning
SSF

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Buyer/Buyer agent to do own due diligence. Listing agency has vested interest. Seller has never occupied the property.

Location

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Neighborhood

487 - 489 E Merrimack St, Lowell MA 01852

Lowell, MA 01852

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 $471
Homeowners Insurance $200
PMI $0

Property History

Market Insights

3.2%
Price Range
32
Total Days on Market

Property Timeline

Sold
Nov 12, 2024
$620,000
Property sold
Days on Market: 32
🏠
Listed for Sale
Sep 3, 2024
$599,999
Original listing
Agent: Candor Realty Group Office: Four Points Real Estate, LLC

Price & Status History

Date Event Price Change
Sep 3, 2024 New Listing Added $599,999

Market Statistics

Days on Market
30 days
Price per Sq Ft
$312

Tax History

Year Taxes Assessment
2024 $5,654 $474,700

Financial Details

Annual Property Tax
$5,654
Tax Year 2024
Assessed Value
$474,700

Listing Information

Listing Agent Candor Realty Group
Listing Office Four Points Real Estate, LLC
Agent MLS ID TM335434
Office MLS ID AN5498

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487 - 489 E Merrimack St, Lowell MA 01852 - Photo 1 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 2 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 3 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 4 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 5 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 6 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 7 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 8 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 9 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 10 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 11 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 12 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 13 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 14 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 15 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 16 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 17 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 18 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 19 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 20 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 21 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 22 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 23 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 24 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 25 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 26 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 27 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 28 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 29 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 30 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 31 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 32 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 33 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 34 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 35 487 - 489 E Merrimack St, Lowell MA 01852 - Photo 36

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