This PHENOMONALLY RENOVATED MULTI-Family property offers great income potential of $86,400 annually and is DE-LEADED with Certification. UPDATES include modern KITCHENS with granite countertops and stainless steel appliances, updated BATHS, FLOORING: luxury oak hardwood and tile flooring, new HEATING SYSTEMS, and CENTRAL AC for units 2 and 3. PLUMBING has been fully updated, and the building also boasts a SPRINKLER SYSTEM, new ELECTRICAL SERVICE from street and WIRING, RUBBER ROOF, WINDOWS, SIDING, and a FIRE ALARM SYSTEM. A large shed and sub-basement provide ample storage. The first floor features tile flooring, while the second and third units showcase hardwood. This turnkey property offers both comfort and income potential in a highly desirable location 2.2 miles to the Lowell Connector, and easy access to Rte 3 and 495. Open Houses: Saturday and Sunday 11-12:30. No private showings as there is one tenant in unit 3. Deadline: Monday at 12:00.
Sale Statistics
Sale Overview
Original List Price:$949,900
Final Sale Price:$920,000
Difference:
$29,900 (-3.1%)
Performance Metrics
96.9%
List to Sale Ratio
Sold below asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$261
Sale $/sq ft:$253
This property sold for $253 per square foot
Sale Summary
This property sold for 3.1% below the original asking price.
With only 4 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
3 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
8
Full Bathrooms
3
Living Area
3,640 sq ft
Total Rooms
17
Stories
5
Levels
5
Interior Features
Flooring
Wood, Tile
Heating
Other, Baseboard, Natural Gas, Central, Forced Air
Has Heating
Yes
Cooling
Other, Window Unit(s), Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Other, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Rangetop - ENERGY STAR, Oven
Interior Features
Remodeled, Lead Certification Available, Living Room, Kitchen, Laundry Room, Dining Room
Laundry Features
Washer & Dryer Hookup, Electric Dryer Hookup
Basement Details
Partial, Crawl Space
Window Features
Insulated Windows
Door Features
Insulated Doors
Exterior & Structure
Construction Materials
Frame
Roof
Rubber
Foundation
Stone
Exterior Features
Garden
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.07 acres
Lot Size
3,049 sq ft
Lot Size Area
0.0700
Lot Features
Other
Road Surface Type
Paved
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Utilities & Systems
Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer
Water Source
Public, Individual Meter
Sewer
Public Sewer
Electric
110 Volts, 220 Volts
Energy Efficient Features
Thermostat
Community & HOA
Community Features
Public Transportation, Highway Access, T-Station, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$9,117
Tax Year
2024
Tax Assessed Value
$837,100
Parcel Number
M:204 B:3520 L:688,3193577
Zoning
TMU
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Buyer and Buyer's Agent to verify all information and perform their own due diligence. Unit 1 and 2 are now vacant and unit 3 will vacate in April. There is no lease. Floorplan includes unit 1 & 2. Unit 3 has the same floorplan and interior as unit 2. Renovations: 2019. De-Lead certs on clip.
Location
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Neighborhood
688 Lawrence Street, 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$760
Homeowners Insurance$200
PMI$0
Property History
Market Insights
3.1%
Price Range
5
Total Days on Market
Property Timeline
✓
Sold
Mar 5, 2025
$920,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Jan 22, 2025
$949,900
Original listing
Agent: Michelle WalkerOffice: Gibson Sotheby's International Realty
Date
Event
Price
Change
$/sqft
Details
03/05/2025
✓
Sold
$920,000
-
-
Property sold
01/22/2025
🏠
Listed for Sale
$949,900
-
-
Original listing
Price & Status History
Date
Event
Price
Change
Jan 22, 2025
New Listing Added
$949,900
—
Market Statistics
Days on Market
4 days
Price per Sq Ft
$253
Tax History
Year
Taxes
Assessment
2024
$9,117
$837,100
Financial Details
Annual Property Tax
$9,117
Tax Year 2024
Assessed Value
$837,100
Listing Information
Listing AgentMichelle Walker
Listing OfficeGibson Sotheby's International Realty
