89 5th Ave, Lowell MA 01854

Lowell, MA 01854
$535,000
Est. $2,847/month
4
Beds
2
Baths
1,548
Sq Ft
$346
Price/Sq Ft
0.07
Acres
1926
Year Built
Multi Family
Type
151
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73236280

About this home

Don't miss out on this incredible investment opportunity! Nestled close to UMASS, this charming 2-family property offers not only a prime location but also a fantastic addition - an included parking lot situated on 11 Arthur Street. Step inside to discover the first-floor unit featuring 2 spacious bedrooms, an updated bathroom, a generously sized living room, and a well-appointed kitchen. Travel to the second level to find another recently updated unit boasting 2 bedrooms, 1 bathroom, a spacious living room, dining room, and kitchen. With easy access to UMass Lowell, Downtown Lowell, and major routes 93 and 495, this property is ideally located near shopping, restaurants, and more. Whether you're an investor seeking a lucrative opportunity or a first-time buyer looking for a comfortable home, this property has it all. Schedule your viewing today and seize this exceptional chance!

Sale Statistics

Sale Overview
Original List Price: $599,999
Final Sale Price: $535,000
Difference: $64,999 (-10.8%)
Performance Metrics
89.2%
List to Sale Ratio
Sold below asking price
151
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $388
Sale $/sq ft: $346
This property sold for $346 per square foot
Sale Summary

This property sold for 10.8% below the original asking price.

At 151 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
1926
Bedrooms
4
Full Bathrooms
2
Living Area
1,548 sq ft
Total Rooms
8
Stories
2
Levels
2

Interior Features

Has Fireplace
No
Basement Details
Full, Unfinished

Exterior & Structure

Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.07 acres
Lot Size
2,850 sq ft
Lot Size Area
0.0700
Lot Features
Other

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,089
Tax Year
2023
Tax Assessed Value
$329,200
Parcel Number
M:97 B:2315 L:89,3179770
Zoning
TTF

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
First floor unit is occupied. Second Floor unit is VACANT.

Location

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Neighborhood

89 5th Ave, 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 $341
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2.7%
Price Range
279
Total Days on Market

Property Timeline

Sold
Oct 25, 2024
$535,000
Property sold
Days on Market: 279
🏠
Listed for Sale
May 10, 2024
$549,999
Original listing
Agent: Christian Doherty Office: Doherty Properties

Price & Status History

Date Event Price Change
May 10, 2024 New Listing Added $549,999

Market Statistics

Days on Market
151 days
Price per Sq Ft
$346

Tax History

Year Taxes Assessment
2023 $4,089 $329,200

Financial Details

Annual Property Tax
$4,089
Tax Year 2023
Assessed Value
$329,200

Listing Information

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

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