179 School St., Lowell MA 01854

Lowell, MA 01854
$550,000
Est. $2,927/month
7
Beds
2
Baths
2,880
Sq Ft
$191
Price/Sq Ft
0.08
Acres
1880
Year Built
2 Family - 2 Units Up/Down
Type
5
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73187134

About this home

This Two-Unit Multifamily is located in Downtown Lowell, walking distance to UMASS Lowell and the Lowell Commuter Rail Station, is great for investors as well as owner occupants looking to house hack. Current owners live in both units for 15 years and have not rented it out, preserving its condition. First Unit has 4 bedrooms, 1 full bathroom with a tub, a huge open concept living/dining space, and in-unit laundry room off the kitchen. Heating for this unit is gas powered hot water baseboards. Second Unit is a similar layout but has 3 bedrooms, 1 full bathroom with a tub, a huge open concept living/dining space, an extra room for storage (could be turned into walk in closet), and in-unit laundry room off the kitchen. This unit also has a private deck that looks out to the front of the house. Heating for this unit is electric baseboards. The home is equipped with solar panels that are leased and transferrable to new owners. The back yard is fully paved with no grass just a tree.

Sale Statistics

Sale Overview
Original List Price: $549,000
Final Sale Price: $550,000
Difference: +$1,000 (+0.2%)
Performance Metrics
100.2%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $191
Sale $/sq ft: $191
This property sold for $191 per square foot
Sale Summary

This property sold for 0.2% 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
1880
Bedrooms
7
Full Bathrooms
2
Living Area
2,880 sq ft
Total Rooms
15
Stories
2
Levels
2

Interior Features

Heating
Forced Air, Natural Gas, Electric
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Refrigerator, Washer, Dryer
Interior Features
Kitchen, Laundry Room, Living RM/Dining RM Combo

Exterior & Structure

Roof
Shingle
Foundation
Stone
Patio/Porch Features
Deck - Wood
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,700 sq ft
Lot Size Area
0.0800

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,611
Tax Year
2023
Tax Assessed Value
$451,800
Parcel Number
3182646
Zoning
TMF

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Solar Panels are Leased and transferrable to new owner. One Broken Window. To be delivered fully vacant! Rents are example of market rate.

Location

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Neighborhood

179 School St., Lowell MA 01854

Lowell, MA 01854

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 $468
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0.2%
Price Range
15
Total Days on Market

Property Timeline

Sold
Feb 6, 2024
$550,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Dec 13, 2023
$549,000
Original listing
Agent: Alan Qiu Office: Chinatti Realty Group, Inc.

Price & Status History

Date Event Price Change
Dec 13, 2023 New Listing Added $549,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$191

Tax History

Year Taxes Assessment
2023 $5,611 $451,800

Financial Details

Annual Property Tax
$5,611
Tax Year 2023
Assessed Value
$451,800

Listing Information

Listing Agent Alan Qiu
Listing Office Chinatti Realty Group, Inc.
Agent MLS ID CN238993
Office MLS ID AN7396

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