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98 School St, Lowell MA 01854

Lowell, MA 01854
$949,997
Est. $5,600/month
10
Beds
4
Baths
3,232
Sq Ft
$294
Price/Sq Ft
0.14
Acres
1870
Year Built
4 hours 5 minutes
Time on Market
Active Open House Listed Jan 15, 2026 • MLS# 73468875 Copied!

About this home

Well-located 4-family property in Lowell’s high-demand School Street corridor, minutes to UMass Lowell (South Campus), downtown, shopping, restaurants, and the commuter rail. This 2-story building offers 4 units, 20 total rooms, 10 bedrooms, and 4 full baths. All units feature separate gas and electric utilities, with gas-fired water heaters, keeping operating expenses efficient. Excellent parking with a total of 8 spaces, including one permitted space in front of the property. Strong fundamentals, high rental demand, and a prime location make this an ideal opportunity for investors seeking long-term appreciation and income growth. A solid asset to add to or anchor any multifamily portfolio. All units are DELEADED!!!

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1870
Bedrooms
10
Full Bathrooms
4
Living Area
3,232 sq ft
Total Rooms
20
Stories
4
Levels
4

Open House Schedule

18
Jan
Sunday, January 18
11:30 AM - 1:00 PM EST

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1870
Living Area 3,232 sq ft
Lot Size 0.14 acres
Bedrooms 10
Full Baths 4
Total Rooms 20

Interior

Heating None
Cooling None
Flooring None
Appliances Range, Microwave, Refrigerator, Washer, Dryer, Range Hood
Fireplace None
Basement None
Laundry Washer & Dryer Hookup
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive
Total Spaces 8

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,160
Assessed Value $623,700

Interior Features

Flooring:
Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Range Hood
Interior Features:
Windows:
Basement:
Laundry: Washer & Dryer Hookup
Security:

Construction & Materials

Year Built: 1870
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas, Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 8
Parking Features: Paved Drive

Location

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Neighborhood

98 School St, Lowell MA 01854

Lowell, MA 01854

Walkability

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Nearby Schools

School District
Lowell School District local
C-
School Safety 2024-25
3.0% Above Average
2.8% Suspensions 0.8% In-School 0.2% Emergency
2.5% below state avg
E

Elementary Schools

10 schools
C
Bartlett Community Partnership School
0.2 mi | #266 of 352 | Score: 34.8
Improved 20 spots from last year
-23.4 below state avg
408 students Very Diverse
Rising School Diverse Student Body
Grades PK-08
St. Patrick School and Educational Center
0.5 mi
Grades PK-08
St. Jeanne D'Arc Elementary School
0.6 mi
Grades PK-08
Hellenic American Academy
0.7 mi
Grades PK-08
B
Lowell Community Charter Public School
0.9 mi | #158 of 352 | Score: 43.9
Improved 29 spots from last year
-14.3 below state avg
816 students Diverse
Rising School Diverse Student Body
Grades PK-08
Community Christian Academy
0.9 mi
Grades PK-12
St. Louis Elementary School
1.1 mi
Grades PK-08
B
Rogers STEM Academy
1.1 mi | #8 of 16 | Score: 33.9
Improved 265 spots from last year
-24.3 below state avg
892 students Diverse
Rising School Diverse Student Body
Grades K-08
St. Michael Elementary School
1.3 mi
Grades PK-08
Immaculate Conception School
1.4 mi
Grades PK-08
M

Middle Schools

7 schools
B-
Kathryn P. Stoklosa Middle School
0.3 mi | #198 of 352 | Score: 40.6
Improved 18 spots from last year
-17.6 below state avg
613 students Diverse
Diverse Student Body
Grades 05-08
C
Dr. An Wang School
1.1 mi | #255 of 352 | Score: 35.9
Improved 38 spots from last year
-22.3 below state avg
663 students Very Diverse
Rising School Diverse Student Body
Grades 05-08
Laura Lee Therapeutic Day School
1.5 mi
15 students Diverse
Diverse Student Body
Grades 01-08
C-
Henry J Robinson Middle School
1.5 mi | #288 of 352 | Score: 32.5
Improved 31 spots from last year
-25.7 below state avg
600 students Diverse
Rising School Diverse Student Body
Grades 05-08
B+
James S Daley Middle School
1.7 mi | #120 of 352 | Score: 47.3
Improved 55 spots from last year
-10.9 below state avg
669 students Diverse
Rising School Diverse Student Body
Grades 05-08
C-
Benjamin F. Butler Middle School
1.9 mi | #303 of 352 | Score: 31.0
Dropped 47 spots from last year
-27.2 below state avg
516 students Very Diverse
Diverse Student Body
Grades 05-08
C
James Sullivan Middle School
2.4 mi | #267 of 352 | Score: 34.8
Improved 38 spots from last year
-23.5 below state avg
625 students Diverse
Rising School Diverse Student Body
Grades 05-08
H

High Schools

4 schools
Old Colony Y Lowell Revocation Program
0.5 mi
Grades 09-12
F
Lowell Middlesex Academy Charter School
0.9 mi | #339 of 346 | Score: 21.1
Improved 7 spots from last year
-37.1 below state avg
126 students Diverse
College Ready Curriculum Diverse Student Body
Grades 09-12
F
The Career Academy
1.0 mi | #25 of 25 | Score: 14.1
Improved 363 spots from last year
-44.1 below state avg
83 students Diverse
Rising School Diverse Student Body
Grades 09-12
D
Leblanc Therapeutic Day School
2.3 mi | #376 of 346 | Score: 32.8
Same rank as last year
36 students Diverse
Diverse Student Body
Grades 09-12
Learn about these ratings

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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $597
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

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Payment Over Time

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
Jan 15, 2026
$949,997
Original listing
Agent: MG Group Office: Century 21 North East

Price & Status History

Date Event Price Change
Jan 15, 2026 New Listing Added $949,997

Market Statistics

Time on Market
4 hours 5 minutes
Price per Sq Ft
$294

Tax History

Year Taxes Assessment
2025 $7,160 $623,700

Financial Details

Annual Property Tax
$7,160
Tax Year 2025
Assessed Value
$623,700

Listing Information

Listing Agent MG Group
Listing Office Century 21 North East
Agent MLS ID TM340461
Office MLS ID AN4345
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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Market Analytics for Lowell, MA

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Steven Novak

Steven Novak

BMN Boston Real Estate

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