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581 Lakeview Ave, Lowell MA 01850 – 5 bed 2 bath For Sale – 73337122

$ 569,000
581 Lakeview Ave, Lowell MA 01850,

Overview

  • Updated On:
  • March 13, 2025
  • listingid
  • 73337122
  • 5 Bedrooms
  • 2 Bathrooms
  • 0 Garage Spaces
  • 3 Non-Garage Parking Spaces
  • 1900
  • HOA Fee

Description

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.

Property Details

Property Id: 1789113
Price: $ 569,000
Property Size: 1,866.00 ft2
Property Lot Size: 0.06 ft2
Rooms: 12
Bedrooms: 5
Bathrooms: 2
Full Bath: 2
Total Bathrooms: 2
Disclosures: Y
Basement: Full,Concrete,Unfinished
Last Updated: 2025-03-13T20:17:13.397Z
Building Area Source: Public Records
Building Area Total: 1866
Building Area Units: Square Feet
Community Features: Public Transportation,Shopping,Medical Facility,Laundromat,Highway Access,House of Worship,Public School,T-Station,University
Construction Materials: Frame
Contingency: Inspection
Directions: Lakeview Ave - house is set back. Follow GPS Directions
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.
Electric: Circuit Breakers
Expiration Date: 1900-01-01
Flooring: Tile,Vinyl,Laminate
Foundation Details: Stone
Gross Income: 55200
Insurance Expense: 3148
Laundry Features: Electric Dryer Hookup,Washer Hookup
Living Levels: 3
List Agent MlsId: CN229637
List Office MlsId: AN6259
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-02-21
Listing ID: 73337122
Lot Size: 0.06
Lot Size SqFt: 2614
Lot Size Units: Acres
Anticipated Sale Date: 2025-04-11T04:00:00.000Z
Date Available: No
Bedroom 1: 3
Bedroom 2: 2
Bath 1: 1
Bath 2: 1
Hot Water: Natural Gas,Tank
Lead Paint: Unknown
Lease 1: N
Lease 2: N
Unit 1 Living Levels: 1
Unit 2 Living Levels: 2
Listing Alert: No
Price Per SqFt: 304.93
Days in Market: 20
Total Days on Market: 20
Open House: 1
MLS PIN Page: 176
Price Per SqFt: 304.93
Unit 1 Rent: 2300
Unit 2 Rent: 2300
Living Area Disclosure: 2nd floor furnace is in the attic, added in 2024.
Living Area Includes Basement: No
MLS Status: Under Agreement
Last Updated: 2025-03-13T20:16:00.000Z
Net Operating Income: 48080
Number Of Units: 2
Off Market Date: 2025-03-13
Operating Expense: 7120
Original List Date: 2025-02-21T06:29:00.000Z
Original List Price: 549000
Parcel Number: M:155 B:3455 L:581,3203577
Parking Features: Paved Drive,Off Street,Paved
Total Parking: 3
Purchase Contract Date: 2025-02-27
Road Type: Public
Roof: Shingle
Sewer: Public Sewer
State: MA
Status Change Time: 2025-03-13T20:16:00.000Z
Total Stories: 3
Tax Annua lAmount: 5042
Tax Assessed Value: 423300
Tax Book Number: 32483
Tax Year: 2024
Total Actual Rent: 4600
Utilities: for Gas Range,for Electric Dryer,Washer Hookup
Water/Sewer Expense: 2292
Water Source: Public
Year Built: 1900
Year Built Details: Actual,Renovated Since
Year Built Source: Public Records
Zoning: TMF

Amenities and Features

Other Features
Dishwasher
Disposal
Dryer
Microwave
Open Parking
Range
Refrigerator
Washer

Property Address

Address: 581 Lakeview Ave, Lowell MA 01850
City:
State/County:
Zip: 01850
Country: US

Payment Calculator

$ 3,260.22
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,729.15

Map

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Schools
Restaurants
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Hospitals

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581 Lakeview Ave, Lowell MA 01850 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

 

Quick Property Details

  • Price: $ 569,000
  • Additional Price Info:
  • Total Rooms: 12
  • Bedrooms: 5
  • Bathrooms: 2
  • Lot Size: 0.06 ft2
  • Architectural Style:
  • Cooling:
  • Heating:
  • Basement: Full,Concrete,Unfinished
  • Fireplace Features: ; Total Fireplaces: 0
  • Construction Materials: Frame
  • Sewer: Public Sewer
  • Water Source: Public
  • Year Built: 1900
  • Number of Stories: 3
  • Parking: Paved Drive,Off Street,Paved; Spaces: 3, Covered: 0, Garage: 0
  • HOA Fee: ()
  • Agent: 57
  • MLS Status: Under Agreement
  • Full Bathrooms: 2, Half Bathrooms: 0
  • Tax Annual Amount: 5042
  • Zoning: TMF

Additional Property Details

  • Stories Total: 3
  • Structure Type:
  • Accessibility Features:
  • Association Amenities:
  • Foundation Details: Stone
  • Roof: Shingle
  • Window Features:
  • Pool Features:
  • Spa Features:
  • Pets Allowed:
  • View:
  • Waterfront Features:
  • Lot Features:

Quick Stats

Size: 1,866.00 ft2 |
Original List Price: 549000 |
Modified On: 2025-03-13T20:16:00.000Z |
Property Condition:

View count: 17

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Steven Novak