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    199-201 University Ave Lowell, MA 01854

    For Sale
    $719,900

    Two 3-bed units near UMASS Lowell with growth potential.

    Lot size:
    0.09 Acres

    Property Features for 199-201 University Ave

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1900

    Source: Berkshire Hathaway HomeServices Verani Realty Methuen Agent Madison Pyburn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Large Two-Unit Home in Lowell

    This property features a large two-unit home in Lowell. Each unit includes 3 bedrooms, a large living room, and a dining room. The units have hardwood floors, vinyl windows, and clean appliances. Large closets and a bonus room on the second level are included. A spacious walk-up attic and a clean basement offer additional growth potential. The property includes one off-street parking spot. It is conveniently located near UMASS and within walking distance of local amenities such as coffee shops, stores, laundry facilities, and restaurants. The large backyard is level, partially fenced, and provides outdoor space. Each unit has a porch.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3299037
    Latitude
    42.6559743

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    FAQs

    What type of property is this?
    Duplex - Two 3-bed units near UMASS Lowell with growth potential.
    Where is this duplex located?
    The property is located at 199-201 University Ave Lowell, MA.
    What is the asking price?
    The asking price for this property is $719,900.
    What are key features of this property?
    This property features: - Large two-unit home, each unit featuring 3 beds, large living room and dining room.; - Convenient location near UMASS and walking distance to local amenities.; - Big, level, partially fenced backyard offering wonderful outdoor space.
    (978) 270-5333
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    199-201 University Ave Lowell, MA 01854
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    Lowell, MA 01854
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    199-201 University Ave Lowell, MA 01854
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