Sold!
$1,160,000
10
Beds
5
Baths
4,458
Living Area
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Property Description
The University Avenue Apartments consists of 5 units and is comprised of 1-3 bedroom unit, 3-2 bedroom units and 1-1 bed unit. Tenants enjoy coin-operated laundry and off-street parking in a highly desirable area of Lowell located just a half a mile to UMASS North Campus. New owner has the ability to renovate the current units and increase the rents which are roughly 20% under market. All interested and qualified parties can tour the building and obtain additional information upon request. This building can be sold individually or as a package with 380 University Avenue.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1940
- Parking Spots: 5
- Property Type: 5-9 Family
- Total Rooms: 21
- Status: Closed
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Additional Details
- Foundation: Brick/Mortar, Irregular
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: 1110
- Lot Features: Corner Lot
- Total Number of Units: 5
- Year Built Source: Public Records
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $772,500
- Taxes: $8,868
- Tax Year: 2025
- Total Rent: $8,922
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of MP Signature Realty LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
