Outstanding investment opportunity with a strong 7.9% cap rate. Ideal for a 1031 exchange and qualifies for flipping. This front-and-back duplex features a small private yard and two on-street parking spaces. Located in Lower Belvedere, the property offers convenient access to downtown shopping, highways, and Shed Park. The front unit is brick frame, while the rear unit is wood frame construction. Property is being sold "as is, where is." Two paying tenants are currently in place and are willing to stay for an investor.
Sold for $477,000
$477,000
282 High St, Lowell, MA 01852
7beds
2,130sqft
Multi Family
Built in 1900
-- sqft lot
$477,400 Zestimate®
$224/sqft
$2,657 Estimated rent
Home value
$477,400
$439,000 - $520,000
$2,657/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: March 10, 2025 at 06:48am
Listed by:
Paul Brouillette 978-852-3001,
LAER Realty Partners 978-251-8221
Bought with:
Stephanie Galloni
Redfin Corp.
Source: MLS PIN,MLS#: 73318112
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Range, Refrigerator
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,130
- Total interior livable area: 2,130 sqft
- Finished area above ground: 2,130
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, On Street
- Uncovered spaces: 2
Features
- Fencing: Fenced
Lot
- Size: 2,614 sqft
Details
- Parcel number: M:200 B:2980 L:282,3192912
- Zoning: TTF
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Brick
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lowell
HOA & financial
Other financial information
- Total actual rent: 3883
Other
Other facts
- Listing terms: Contract
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2025 | Sold | $477,000-4.6%$224/sqft |
Source: MLS PIN #73318112 Report a problem | ||
| 1/16/2025 | Price change | $499,900-9.1%$235/sqft |
Source: MLS PIN #73318112 Report a problem | ||
| 1/7/2025 | Price change | $549,900-8.3%$258/sqft |
Source: MLS PIN #73318112 Report a problem | ||
| 12/24/2024 | Listed for sale | $599,900$282/sqft |
Source: MLS PIN #73318112 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,919 +5.8% | $515,600 +9.8% |
| 2024 | $5,593 +8.5% | $469,600 +13.2% |
| 2023 | $5,154 +16.4% | $415,000 +26.1% |
Find assessor info on the county website
Neighborhood: Belvidere
Nearby schools
GreatSchools rating
- 7/10Moody Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 5/10Rogers STEM AcademyGrades: K-8Distance: 0.6 mi
- 4/10Lowell High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Moody Elem.
- Middle: James Sullivan
- High: Lowell High
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$477,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$477,400