581 Lakeview Ave, Lowell MA 01850

Lowell, MA 01850
$587,000
Est. $3,124/month
5
Beds
2
Baths
1,866
Sq Ft
$315
Price/Sq Ft
0.06
Acres
1900
Year Built
Multi Family
Type
19
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73337122

About this home

OFFER ACCEPTED. Great opportunity to own this renovated 2-family home! Move-in ready and ideal for both first-time buyers and investors. Featuring bright living rooms with fresh paint throughout, this property offers the perfect balance of comfort and convenience. First floor unit offers 3 bedrooms, and second floor unit offers 2 bedrooms. Newly added hardwood laminate flooring throughout, In-unit laundry for added convenience. Off-street parking. This home is perfect for those looking for a central location with easy access to all the amenities Lowell has to offer. Whether you're looking to live in one unit and rent the other or expand your investment portfolio, this property has great potential! Just minutes from Route 3 & 495. A short distance to the MBTA Lowell Commuter Rail Station. Only 1 mile to UMass Lowell. Nearby shopping at Market Basket. Access to restaurants, museums, theaters, and much more! HIGHEST AND BEST OFFER ON WEDNESDAY AT 6PM.

Sale Statistics

Sale Overview
Original List Price: $549,000
Final Sale Price: $587,000
Difference: +$38,000 (+6.9%)
Performance Metrics
106.9%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $294
Sale $/sq ft: $315
This property sold for $315 per square foot
Sale Summary

This property sold for 6.9% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
1,866 sq ft
Total Rooms
12
Stories
3
Levels
3

Interior Features

Flooring
Tile, Vinyl, Laminate
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Concrete, Unfinished

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.06 acres
Lot Size
2,614 sq ft
Lot Size Area
0.0600
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,042
Tax Year
2024
Tax Assessed Value
$423,300
Parcel Number
M:155 B:3455 L:581,3203577
Zoning
TMF

Additional Details

Year Built Source
Public Records
Year Built Details
Actual,Renovated Since
Disclosures
First floor will be delivered vacant at closing Solar panels lease to be transferred to buyers. No flood insurance. Roof was done about 6 years ago.

Location

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Neighborhood

581 Lakeview Ave, 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 $420
Homeowners Insurance $200
PMI $0

Property History

Market Insights

3.1%
Price Range
20
Total Days on Market

Property Timeline

Sold
Apr 16, 2025
$587,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Feb 21, 2025
$569,000
Original listing
Agent: Ana Roque Office: Property Investors & Advisors, LLC

Price & Status History

Date Event Price Change
Feb 21, 2025 New Listing Added $569,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$315

Tax History

Year Taxes Assessment
2024 $5,042 $423,300

Financial Details

Annual Property Tax
$5,042
Tax Year 2024
Assessed Value
$423,300

Listing Information

Listing Agent Ana Roque
Listing Office Property Investors & Advisors, LLC
Agent MLS ID CN229637
Office MLS ID AN6259

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