491 Concord St, Lowell MA 01852

Lowell, MA 01852
$650,000
Est. $3,460/month
6
Beds
2.5
Baths
2,535
Sq Ft
$256
Price/Sq Ft
0.14
Acres
1900
Year Built
2 Family - 2 Units Up/Down
Type
12
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73215774

About this home

Fantastic investment opportunity! This 2 family property is sure to impress. The whole building was fully gutted and rebuilt with roof/furnace/electricity/plumbing update in 2015. In both units you will find 3 sizable bedrooms, spacious living room and well appointed kitchen. There is potential to tear down garage and build new multi-family house facing Perry Street. Buyers to do all the due diligence. This property is located near shopping, restaurants and parks! Easy access to Downtown Lowell, Routes 93 and 495. Perfect for both investors and first-time buyers! Both units are occupied and tenancy at will.

Sale Statistics

Sale Overview
Original List Price: $580,000
Final Sale Price: $650,000
Difference: +$70,000 (+12.1%)
Performance Metrics
112.1%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $229
Sale $/sq ft: $256
This property sold for $256 per square foot
Sale Summary

This property sold for 12.1% above the original asking price, indicating strong buyer demand.

With only 12 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
1900
Bedrooms
6
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,535 sq ft
Total Rooms
10
Stories
2
Levels
2

Interior Features

Has Fireplace
No
Basement Details
Full

Exterior & Structure

Foundation
Concrete Perimeter
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,256 sq ft
Lot Size Area
0.1400

Parking & Garage

Garage Spaces
4
Has Garage
Yes
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive
Covered Parking Spaces
4

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, Circuit Breakers

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,392
Tax Year
2023
Tax Assessed Value
$434,100
Parcel Number
M:203 B:1445 L:491,3193427
Zoning
TTF

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Both units are deleaded but the seller can't find the certificate at this moment.

Location

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Neighborhood

491 Concord 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 $449
Homeowners Insurance $200
PMI $0

Property History

Market Insights

10.8%
Price Range
16
Total Days on Market

Property Timeline

Sold
May 30, 2024
$650,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Mar 23, 2024
$580,000
Original listing
Office: Greenland Real Estate LLC

Price & Status History

Date Event Price Change
Mar 23, 2024 New Listing Added $580,000

Market Statistics

Days on Market
12 days
Price per Sq Ft
$256

Tax History

Year Taxes Assessment
2023 $5,392 $434,100

Financial Details

Annual Property Tax
$5,392
Tax Year 2023
Assessed Value
$434,100

Listing Information

Listing Agent Jiahui Wang
Listing Office Greenland Real Estate LLC
Agent MLS ID CN207346
Office MLS ID AN6700

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