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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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Basic Information

  • Gross Income $102,000
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 3179511
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water, Hot Water), Unit 4(Heat, Water, Hot Water)

Tax Information

  • Tax Assessed Value $747,500
  • Tax Year 2026
  • Taxes$8,558

Parking

  • Covered Spaces 1
  • Garage YN Yes
  • Parking Spaces1

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms8
  • Full Bath4

Basic Information

  • List Price$949,999
  • MLS Number73546250
  • Modification Date07/09/2026
  • Property SubType4 Family

Location

  • Address165 University Avenue
  • Building Number165
  • CountyMiddlesex
  • NeighborhoodPawtucketville
  • StateMA
  • StreetUniversity Avenue
  • SubdivisionPawtucketville
  • TownLowell
  • Zip01854

Building

  • BasementFull, Bulkhead, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationBlock, Stone
  • Garage Spaces1
  • Levels 4
  • Patio And Porch Features Enclosed, Screened
  • Rooms17
  • Stories4
  • Units4
  • Year Built1880
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.11

Interior

  • Flooring Hardwood
  • Interior Features
    • Ceiling Fan(s)
    • Kitchen
    • Laundry Room
    • Living Room
    • Stone/Granite/Solid Counters
    • Sunroom
    • Upgraded Cabinets

Exterior

  • RoofShingle

Utilities

  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,738
  • Lot Size Square Feet 4,791
  • Lot Size Units Acres
  • Square Feet3,738

Amenities

  • Amenities
    • Highway Access
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • University
  • Appliances IncludedWasher, Dryer, Range, Dishwasher, Microwave, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningTMU

Other

  • Date Listed07/08/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Michael Alvarez of Alvarez Real Estate Group LLC

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