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You are here:
Home Massachusetts Lowell Multi-Family Homes for Sale

130 University Avenue Lowell, MA 01854

NEW
17 Photos
$2,100,000
6 Unit
24 Beds
8 Baths
4017 SQFT
0.10 Acre
130 University Avenue
Lowell, MA 01854

Property Description

Great opportunity to own a key piece of property right on the corner of University Ave & Gershom Ave. Two buildings on one deed, totaling 6 x 4 bedroom units, all with a similar layout. Four units are 4 bdrm/1 bath and two units are 4 bdrm/2 baths. All units are separately metered with tenants being responsible for payment of own electric, heat, hot water and cooking gas. Parking is on street by residential sticker. Laundromat is two doors over. Expansion potential on top level in each building, but one would need to go through the proper city planning and permitting procedures to pursue this option. This a well maintained property by an active owner, with a strong rental history and potential to increase rents. One unit is vacant and unit rent is estimated.

Property Overview

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 24
  • Total Full Baths: 8
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 196800
  • Gross Expenses: 16617
  • Electric Expenses: 737
  • Water/Sewer: 5260
  • INSC: 5321
  • Repairs & Maintenance: 420
  • RFS: 4879
  • Net Operating Income: 165625

Utilities

  • Electric Info: Individually Metered
  • Utility Connections: Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Irregular
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Certified Treated, Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73460353
  • Last Updated: 12/05/25

Date Event Price Price/Sq Ft Source
12/05/2025New$2,100,000$523MLSPIN

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View Breakdown

Map & Resources

University of Massachusetts Lowell North Campus

University

0.06mi

University of Massachusetts Lowell

University

0.06mi

St. Jeanne D'Arc Elementary School

Private School, Grades: PK-8

0.18mi

Ste Jeanne d'Arc School

Private School, Grades: K-8

0.19mi

University of Massachusetts Lowell East Campus

University

0.34mi

University Crossing

University

0.34mi

Joseph McAvinnue School

Public Elementary School, Grades: PK-4

0.35mi

Saint Josephs School

School

0.43mi

Starbucks

Coffee Shop

0.16mi

Einstein's Bagels

Cafe

0.16mi

McDonald's

Burger (Fast Food)

0.37mi

Cumnock Marketplace

Restaurant

0.13mi

Egyptian Grill

Egyptian Restaurant

0.17mi

Crossroads Cafe

Coffee Shop & Pizza Restaurant

0.37mi

University Dining Commons

Restaurant

0.44mi

UMass Lowell University Police

Police

0.42mi

Lowell Fire Prevention Bureau

Fire Station

0.35mi

Costello Athletic Center

Sports Centre

0.2mi

Cushing Field Complex

Sports Centre. Sports: Multi

0.24mi

Cushing Field

Sports Centre. Sports: Soccer, Lacrosse

0.24mi

FOOD FIGHT Main Stage

Park

0.01mi

Bourgeois Park

Municipal Park

0.04mi

DJ's & Live Music [Bourgeois Park]

Park

0.05mi

Fells Playground

Municipal Park

0.11mi

Father Maguire Playground

Park

0.36mi

Moody Street Playground

Playground

0.46mi

River Greenway

Recreation Ground

0.29mi

Vandenburg Esplanade

Recreation Ground

0.35mi

Professional Barbers of Lowell

Hairdresser

0.06mi

Martin J. Lydon Library

Library

0.13mi

University Convenience

Convenience

0.06mi

Seller's Representative: Brian Donoghue, Universal Property Management
MLS ID#: 73460353

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-12-05 23:54:00