282 High St, Lowell MA 01852
Lowell, MA 01852
$477,000
Est. $2,539/month
About this home
Outstanding investment opportunity with a strong 7.9% cap rate. Ideal for a 1031 exchange and qualifies for flipping. This front-and-back duplex features a small private yard and two on-street parking spaces. Located in Lower Belvedere, the property offers convenient access to downtown shopping, highways, and Shed Park. The front unit is brick frame, while the rear unit is wood frame construction. Property is being sold "as is, where is." Two paying tenants are currently in place and are willing to stay for an investor.
Sale Statistics
Sale Overview
Original List Price:
$599,900
Final Sale Price:
$477,000
Difference:
$122,900 (-20.5%)
Performance Metrics
79.5%
List to Sale Ratio
Sold below asking price
36
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$282
Sale $/sq ft:
$224
This property sold for $224 per square foot
Sale Summary
This property sold for 20.5% below the original asking price.
The property spent 36 days on market before selling.
Facts & Features
Property Overview
Property Type
Multi Family
Property Category
Residential Income
Year Built
1900
Bedrooms
7
Full Bathrooms
2
Living Area
2,130 sq ft
Total Rooms
11
Stories
5
Levels
5
Interior Features
Has Fireplace
No
Appliances
Range, Refrigerator
Exterior & Structure
Construction Materials
Frame, Brick
Roof
Shingle
Foundation
Stone
Fencing
Fenced
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.06 acres
Lot Size
2,614 sq ft
Lot Size Area
0.0600
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, On Street
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$5,593
Tax Year
2024
Tax Assessed Value
$469,600
Parcel Number
M:200 B:2980 L:282,3192912
Zoning
TTF
Financial Data Source
Pro. Forma Available
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Listing Terms
Contract
Location
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Neighborhood
282 High St, Lowell MA 01852
Lowell, MA 01852
Walkability
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Schools
Elementary School
Moody Elem.
Middle School
James Sullivan
High School
Lowell High
Monthly Payment Calculator
%
%
Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$466
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
4.6%
Price Range
37
Total Days on Market
Property Timeline
Sold
Mar 10, 2025
$477,000
Property sold
Days on Market: 37
Listed for Sale
Dec 24, 2024
$499,900
Original listing
Agent: Paul Brouillette
Office: LAER Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/10/2025 | ✓ Sold | $477,000 | - | - | Property sold |
| 12/24/2024 | 🏠 Listed for Sale | $499,900 | - | - | Original listing |