165 University Ave, Lowell MA 01854
Lowell, MA 01854 • Pawtucketville
$949,999
Est. $5,717/month
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About this home
Exclusive opportunity to acquire 165 University Ave, a four-unit multifamily property in Lowell's desirable Pawtucketville neighborhood. Situated on a corner lot, the property offers immediate value-add potential with three of the four units delivered vacant and move-in ready, providing an exceptional opportunity to lease at market rents or accommodate an owner-occupant. The property features a unit mix of two (2) 3-bedroom/1-bath and two (2) 1-bedroom/1-bath apartments, recent capital improvements including a new roof (2026), refinished hardwood floors, and a renovated second-floor unit with new cabinetry and granite countertops. Additional amenities include a Speed Queen coin-operated laundry system, and a detached garage. Conveniently located minutes from UMass Lowell, downtown, major highways, shopping, and restaurants, this is an outstanding investment opportunity with strong upside and long-term growth potential
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Jul 16, 2026
Active → Active Under Contract
Pending Sale
Jul 16, 2026
Offer accepted, sale pending
Listed for Sale
Jul 8, 2026
$949,999
Original listing
Agent: Michael Alvarez
Office: Alvarez Real Estate Group LLC
Listed for Sale
Jul 8, 2026
$949,999
Original listing
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/16/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/16/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/08/2026 | 🏠 Listed for Sale | $949,999 | - | - | Original listing |
| 07/08/2026 | 🏠 Listed for Sale | $949,999 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $8,558 | $747,500 |
Financial Details
Annual Property Tax
$8,558
Tax Year 2026
Assessed Value
$747,500
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1880
Living Area
3,738 sq ft
Lot Size
0.11 acres
Bedrooms
8
Full Baths
4
Total Rooms
17
Investment Metrics
Units
4
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Unit 3 Rent
— · N
Unit 4 Rent
— · N
Gross Income
$102,000
Net Operating Income
$72,987
Operating Expenses
$29,013
Cap Rate
7.68%
Interior
Heating
Natural Gas
Cooling
None
Flooring
Hardwood
Appliances
Washer, Dryer, Range, Dishwasher, Refrigerator, Microwave
Fireplace
None
Basement
Full, Bulkhead, Unfinished
Laundry
Washer Hookup, Dryer Hookup
Features
Laundry Room, Ceiling Fan(s), Upgraded Cabinets, Stone/granite/solid Counters, Living Room, Kitchen, Sunroom
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Enclosed, Screened
Parking
Garage Spaces
1
Has Garage
Yes
Features
None
Total Spaces
1
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$8,558
Assessed Value
$747,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Owner Pays Water/sewer, Common Electric, And The 3r Gas Meter, Which Serves 3r Heat/cooking Gas And A Shared Hot Water Heater For Both 3rd-floor Units. The 3f Gas Meter Serves Only The 3f Apartments Heat And Cooking Gas.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
22 days
Property Overview
Property Type
4 Family
Listing Type
Sale Pending
Year Built
1880
Bedrooms
8
Full Bathrooms
4
Living Area
3,738 sq ft
Total Rooms
17
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,738 sq ft above grade
Display Options
Outdoor Areas
Patio & porchEnclosed, Screened
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Hardwood
Appliances:
Washer, Dryer, Range, Dishwasher, Refrigerator, Microwave
Interior Features:
Laundry Room, Ceiling Fan(s), Upgraded Cabinets, Stone/Granite/Solid Counters, Living Room, Kitchen, Sunroom
Windows:
Basement:
Full, Bulkhead, Unfinished
Laundry:
Washer Hookup, Dryer Hookup
Security:
Construction & Materials
Year Built:
1880
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Block, Stone
Stories:
4
Heating, Cooling & Utilities
Heating:
Natural Gas
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Enclosed, Screened
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
1
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$713
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Pawtucketville
165 University Ave, Lowell MA 01854
Lowell, MA 01854
Listing Information
Listing Agent
Michael Alvarez
Listing Office
Alvarez Real Estate Group LLC
Office Phone
617-329-9493
Agent MLS ID
CN250534
Office MLS ID
AN7528
Listing Data Updated
Jul 30, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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