98 School St, Lowell, MA 01854 - Photo 1

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$949,997 Just Listed

For Sale
Active
Multi-Family
4 Units
10 Total Beds
0.14 Acres
Updated 9 hours ago

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Sunday 1/18 11:30 AM - 1:00 PM

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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!!!

Full Property Details

Full Property Details for 98 School St

General

Price: $949,997
Taxes: $7,160 (2025)
Status: Active
Type: Multi-Family
MLS ID: 73468875
Updated: Today (1/15/2026)
Added to Site: Today

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 10

Parking

Parking Features: Paved Drive

Location

County: Middlesex

Structural Information

Stories/Levels: 4
Square Feet: 3,232
Year Built: 1870

Lot Features

Lot Size (Acres): 0.14

Financial Considerations

Tax Amount: $7,160
Tax Year: 2025

Disclosures and Reports

Property ID: M:99 B:5240 L:98, 3179965

Listed by Century 21 North East, MG Group and Gesiane Soares

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— 98 School St —

MG Group

Century 21 North East
Gesiane Soares

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NMLS#: 1598647

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Schools

Schools serving 98 School St

School District:Lowell School District

Name	Grades	Distance
Bartlett Community Partnership School 79 Wannalancit Street, Lowell, MA 01854	PK-8	0.1 mi
Charlotte M Murkland Elementary School 350 Adams Street, Lowell, MA 01854	PK-4	0.3 mi
Kathryn P. Stoklosa Middle School 560 Broadway Street, Lowell, MA 01854	5-8	0.4 mi
Lowell High School 50 Father Morissette Boulevard, Lowell, MA 01852	9-12	0.8 mi
Leblanc Therapeutic Day School 58 Sycamore Street, Lowell, MA 01852	8-12	2.3 mi
Joseph McAvinnue Elementary School 131 Mammoth Road, Lowell, MA 01854	PK-4	0.5 mi
C.W. Morey Elementary School 130 Pine Street, Lowell, MA 01851	PK-4	1 mi
Dr an Wang School 365 West Meadow Road, Lowell, MA 01854	5-8	1.1 mi
Rogers STEM Academy 43 Highland Street, Lowell, MA 01852	1-	1.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 98 School St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/15/2026

Listed

$949,997

23.38%

MLS

9/15/2021

Sold

$770,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 98 School St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$7,160

$623,700

2024

$7,113

-2%

$597,200

2023

$7,246

14%

$583,400

16%

2022

$6,356

$500,900

13%

2021

$5,987

$444,800

2020

$5,800

22%

$434,100

28%

2019

$4,744

$337,900

2018

$4,585

12%

$318,600

16%

2017

$4,102

-2%

$274,900

—

2016

$4,166

12%

$274,800

14%

2015

$3,717

$240,100

2013

$3,512

—

$234,000

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 98 School St

98 School St, Lowell, MA 01854 (MLS# 73468875) is a Multi-Family property with 4 units containing 10 bedrooms and 4 full bathrooms. 98 School St is currently listed for $949,997 and was received on January 15, 2026. Want to learn more about 98 School St? Do you have questions about finding other Multi-Family real estate for sale in Lowell? You can browse all Lowell real estate or contact a Coldwell Banker agent to request more information.

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98 School St Lowell, MA 01854