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Home Massachusetts Multi-Family Homes for Sale

98 School St Lowell, MA 01854
98 School St, Lowell, MA
SOLD 2/12/2626
0
$1,010,000
*Sale Price
Total Beds: 10 Total Baths: 4
Total Units: 4 SQFT: 3232
LOT size: 0.14 Acres
98 School St
Lowell, MA 01854
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This Property is No Longer Available

Property Description

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!!! Offer deadline 1/20 at 5pm. Seller reserves the right to accept an offer before deadline.
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Property Details

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 10
  • Total Full Baths: 4
  • Amenities: Highway Access, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Swimming Pool, University
  • Common Appliances: Dryer, Microwave, Range, Refrigerator, Vent Hood, Washer, Washer & Dryer Hookup

Financial

  • APOD Available: No
  • Gross Operating Income: 106200
  • Net Operating Income: 102600

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

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

Unit 4 Description

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

Construction

  • Year Built: 1870
  • Type: 4 Family
  • Foundation Info: Poured Concrete
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73468875
  • Last Updated: 02/12/26

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Map

Seller's Representative: MG Group, Century 21 North East
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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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 2026-02-12 09:30:00

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