296, 298 University Ave., Lowell MA 01854

Lowell, MA 01854
$805,000
Est. $4,285/month
4
Beds
2
Baths
2,746
Sq Ft
$293
Price/Sq Ft
0.18
Acres
1930
Year Built
2 Family - 2 Units Up/Down
Type
45
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73323525

About this home

Great two family house appoturnity using two lots. It includes two spacious apartments near UML, ample space for the parking that is extra land for a space even for additional multi family house addressed no.292 University Ave. Also great location that is just a 10 minute walk from UML North campus.This is perfect chance for the savvy owner ocupant or investers looking to expand their portfolio. Wide updates completed include new roof, gutter, windows,floor, bathroom, kitchen, heating and cooling system including boiler, mini split et cetra since 2020. On top of those, certified deleading was done last year, too. Both 1st and 2nd each unit has same lay out, 2 bedrooms,1 full bathroom, kitchen, living room, dining area, extra inner storage room and laundry. Large shed behind the building and big empty space on attic is another privilege on this property. Don't miss out open house on Saturday and Sunday Jan 11th and 12th at 1:00 pm to 2:30 pm.

Sale Statistics

Sale Overview
Original List Price: $829,000
Final Sale Price: $805,000
Difference: $24,000 (-2.9%)
Performance Metrics
97.1%
List to Sale Ratio
Sold below asking price
45
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $302
Sale $/sq ft: $293
This property sold for $293 per square foot
Sale Summary

This property sold for 2.9% below the original asking price.

The property spent 45 days on market before selling.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1930
Bedrooms
4
Full Bathrooms
2
Living Area
2,746 sq ft
Total Rooms
12
Stories
2
Levels
2

Interior Features

Flooring
Plywood
Has Fireplace
No
Laundry Features
Electric Dryer Hookup, Washer Hookup
Window Features
Insulated Windows

Exterior & Structure

Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.18 acres
Lot Size
7,840 sq ft
Lot Size Area
0.1800

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street, Driveway

Utilities & Systems

Utilities Available
for Electric Range, for Gas Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, 200+ Amp Service

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,771
Tax Year
2025
Tax Assessed Value
$589,800
Zoning
TTF

Additional Details

Year Built Source
Public Records
Year Built Details
Actual

Location

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Neighborhood

296, 298 University 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 $564
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2.9%
Price Range
47
Total Days on Market

Property Timeline

Sold
Mar 17, 2025
$805,000
Property sold
Days on Market: 47
🏠
Listed for Sale
Jan 6, 2025
$829,000
Original listing
Office: Premier Realty Group

Price & Status History

Date Event Price Change
Jan 6, 2025 New Listing Added $829,000

Market Statistics

Days on Market
45 days
Price per Sq Ft
$293

Tax History

Year Taxes Assessment
2025 $6,771 $589,800

Financial Details

Annual Property Tax
$6,771
Tax Year 2025
Assessed Value
$589,800

Listing Information

Listing Agent Je B. Lee
Listing Office Premier Realty Group
Agent MLS ID BB958625
Office MLS ID AN1953

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