54-56 Temple St, Lowell MA 01851

Lowell, MA 01851
$562,000
Est. $2,991/month
8
Beds
2
Baths
2,432
Sq Ft
$231
Price/Sq Ft
0.05
Acres
1940
Year Built
Multi Family
Type
122
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73205118

About this home

Don't miss out on this incredible investment or owner-occupant opportunity! Both units boasts 4 spacious bedrooms and 1 bathroom. Conveniently located near shopping centers, restaurants, and with easy access to major highways such as I-495 and US-3, this property promises both comfort and convenience for its occupants. Whether you're looking to generate rental income or settle into your own home, this property checks all the boxes. Don't let this opportunity slip away!

Sale Statistics

Sale Overview
Original List Price: $599,999
Final Sale Price: $562,000
Difference: $37,999 (-6.3%)
Performance Metrics
93.7%
List to Sale Ratio
Sold below asking price
122
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $247
Sale $/sq ft: $231
This property sold for $231 per square foot
Sale Summary

This property sold for 6.3% below the original asking price.

At 122 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1940
Bedrooms
8
Full Bathrooms
2
Living Area
2,432 sq ft
Total Rooms
12
Stories
2
Levels
2

Interior Features

Has Fireplace
No
Basement Details
Full, Unfinished

Exterior & Structure

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

Lot & Land

Lot Size
0.05 acres
Lot Size
2,385 sq ft
Lot Size Area
0.0500
Lot Features
Other
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,958
Tax Year
2023
Tax Assessed Value
$399,200
Parcel Number
M:142 B:5650 L:54
Zoning
TTF

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Both units currently occupied. 54 Temple St, Unit 1 - Tenant At Will Lease. 56 Temple St, Unit 2 - Lease Expires on April 30 2024.

Location

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Neighborhood

54-56 Temple St, Lowell MA 01851

Lowell, MA 01851

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 $413
Homeowners Insurance $200
PMI $0

Property History

Market Insights

6.3%
Price Range
124
Total Days on Market

Property Timeline

Sold
Jul 23, 2024
$562,000
Property sold
Days on Market: 124
🏠
Listed for Sale
Feb 23, 2024
$599,999
Original listing
Agent: Christian Doherty Office: Doherty Properties

Price & Status History

Date Event Price Change
Feb 23, 2024 New Listing Added $599,999

Market Statistics

Days on Market
122 days
Price per Sq Ft
$231

Tax History

Year Taxes Assessment
2023 $4,958 $399,200

Financial Details

Annual Property Tax
$4,958
Tax Year 2023
Assessed Value
$399,200

Listing Information

Listing Agent Christian Doherty
Listing Office Doherty Properties
Agent MLS ID CT003020
Office MLS ID AC0904

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