712 School St, Lowell MA 01851 – 8 bed 4 bath For Sale – 73361238
Overview
- Updated On:
- April 18, 2025
-
- 73361238
- 8 Bedrooms
- 4 Bathrooms
- 0 Garage Spaces
- 0 Non-Garage Parking Spaces
- 1900
Description
Great corner lot with plenty of on street parking and a rare driveway. Property recently appraised in April 2025 as is for $868,000. Many recent updates within past few years including renovated units, Navien on demand heating systems as well as new electrical throughout. Three units are rented with two high rents but still slightly below market value and one significantly below market value and one vacant unit that needs some light renovations. This building is ready for an investor to come in, reap the rewards of the rented units, while gaining additional upside by increasing the rent on the below market unit and renovating and renting the vacant unit. Easy access to the Lowell Connector and walking distance to public transportation for the tenants. Don’t miss your chance to buy an all around solid building that will generate great returns and always have a high tenant demand.
This property is listed by Eric DiNicola from Winterspring Real Estate, LLC
Property Listing Details
Overview
| MLS Status | Active |
|---|---|
| Price | $ 850,000 |
| Living Area | 3,348.00 ft2 |
| Bedrooms | 8 |
| Total Rooms | 15 |
|---|---|
| Listing MLS ID | 73361238 |
| Days on Market | 0 |
| Bathrooms | 4 |
Unit Information
| Bedrooms | 8 |
|---|---|
| Full Bathrooms | 4 |
| Half Bathrooms | 0 |
| Cooling | |
| Heating | Baseboard |
| Uncovered Parking | 0 |
| Garage Parking | 0 |
| Water View | |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Certified Treated |
| Outdoor Space Available | |
| Living Area Includes Basement | Full |
| Patio And Porch Features | |
| Parking Features | |
| Waterview Features | |
| Flooring | Vinyl |
Building Information
| Building Name | |
|---|---|
| Units in Building | 4 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | |
| Association Fee Includes | |
| Construction Materials | Frame |
| Year Built | 1900 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Full |
| Roof | Rubber |
Additional Details
| Community Features | Public Transportation,Laundromat |
|---|---|
| Disclosures | Listing agent is one of the property owners |
| Last Updated | 2025-04-17T23:39:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | M:123 B:5240 L:712,3183604 |
| Original List Price | 850000 |
| Listing Office | winterspring real estate, llc |
| Tax Annual Amount | 6863 |
|---|---|
| Tax Assessed Value | 597800 |
| Tax Book Number | 37070 |
| Tax Year | 2025 |
| Year Built Details | Actual,Renovated Since |
| Year Built Source | Public Records |
| Zoning | USF |
| Listing Agent | eric dinicola |
Amenities and Features
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712 School St, Lowell MA 01851 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
712 School St, Lowell MA 01851 – 8 bed 4 bath For Sale – 73361238
$ 850,000
Status: Active
712 School St, Lowell MA 01851, Lowell, , Middlesex 01851
Country: United States
Property Overview
MLS #: 73361238
Type: 4 Family /
Action: Residential Income
Year Built: 1900 (Actual,Renovated Since, Source: Public Records, Effective: )
Living Area: 3,348.00 ft2 (Total: 3348 Square Feet, Source: Public Records)
Lot Size: 0.07 ft2 (Area: 0.07 Acres, SqFt: 3049)
Total Rooms: 15
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 8 (Main Level: )
Bathrooms: Total: 4 (Full: 4, Half: 0, Decimal: 4, Main Level: )
Basement: Full
Fireplaces: 0 ()
Flooring: Vinyl
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials: Frame
Foundation: Stone (Area: )
Roof: Rubber
Stories: 6 (6)
Common Walls:
Body Type:
Utilities & Green Features
Heating: Baseboard
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities: for Electric Range
Electric: (Expense: )
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 0
Covered Spaces: 0
Parking Total: 0
Parking Features:
Pool:
Spa:
Patio/Porch:
Fencing:
Lot Features: Corner Lot
View: (, Waterview Y/N: )
Waterfront:
Road Frontage: Public ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: Public Transportation,Laundromat
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: USF ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
Great corner lot with plenty of on street parking and a rare driveway. Property recently appraised in April 2025 as is for $868,000. Many recent updates within past few years including renovated units, Navien on demand heating systems as well as new electrical throughout. Three units are rented with two high rents but still slightly below market value and one significantly below market value and one vacant unit that needs some light renovations. This building is ready for an investor to come in, reap the rewards of the rented units, while gaining additional upside by increasing the rent on the below market unit and renovating and renting the vacant unit. Easy access to the Lowell Connector and walking distance to public transportation for the tenants. Don’t miss your chance to buy an all around solid building that will generate great returns and always have a high tenant demand.
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 4
Units Owner Occupied:
Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1100, Lease: Y
Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: N
Unit 3: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1550, Lease:
Unit 4: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1798, Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 6863 (Year: 2025)
Tax Assessed Value: 597800
Tax Block/Lot/Book/Map: / / 37070 /
Parcel Number: M:123 B:5240 L:712,3183604
Special Licenses:
Current Financing:
Gross Income: 54000 (Scheduled: )
Net Operating Income: 54000
Operating Expense: (Water/Sewer: , Insurance: )
Financial Data Source:
APOD Available: No
Tenant Pays:
Rent Includes: Unit 1(Water),Unit 2(Water),Unit 3(Water)
Total Actual Rent: 4500
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Eric DiNicola (MLS ID: CN222955) / Team: CN222955
Listing Office: Winterspring Real Estate, LLC (MLS ID: AN7443)
Agent (Property): 57
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-04-17
Expiration Date: 1900-01-01
Original List Price: 850000
Price Per SqFt (List): 253.88
Market Time (Property): 0 (Broker: 0, Prev Broker: 0, Prev Property: 0)
MLS Status: New
Possession:
Directions: Chelmsford St to Shaw St then left on School St
Disclosures: Listing agent is one of the property owners, Y
Lead Paint: Certified Treated
Title 5:
Exclusions:
Contingency:
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag:
Listing Alert: No
Square Feet Disclosures: public record (Incl. Base: No, Other: )
Master Book/Page: / (Page: 276)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date:
Concessions Amount:
Purchase Contract Date:
Sold vs Rent:
System Information
Property ID: 2059297
Modification Timestamp: 2025-04-17T23:39:00.000Z
Bridge Modification Timestamp: 2025-04-17T23:44:27.433Z
Original Entry Timestamp: 2025-04-17T22:05:00.000Z
Status Change Timestamp: 2025-04-17T22:05:00.000Z
Off Market Date:
Development Status:
Business Type:
