98 School St, Lowell, MA 01854 - Photo 1

1/1

$1,010,000

Sold
Closed
Multi-Family
4 Units
10 Total Beds
0.14 Acres

1/1

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.

Full Property Details

Full Property Details for 98 School St

General

Sold For: $1,010,000
Taxes: $7,160 (2025)
Status: Closed
Type: Multi-Family
MLS ID: 73468875
Added to Site: 46 day(s) ago

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

Disclosures/Rstr.: Washer and dryer for unit 2 front belongs to tenants and their rental is reflecting the increase that will start in April 2026. Seller reserves the right to accept an offer before deadline.
Property ID: M:99 B:5240 L:98, 3179965

Listed by Century 21 North East, MG Group and Gesiane Soares
Sold by Keller Williams Realty-Merrimack, Kelly Espinola

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Listing agents

— 98 School St —

MG Group

Century 21 North East
Gesiane Soares

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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

Date

Details

Price

Change

Source

2/06/2026

Sold

$1,010,000

6.32%

MLS

1/15/2026

Listed

$949,997

—

MLS

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

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$915,000

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Multi-Family
Closed

5
Units
7
Total Beds
0.09
Acres

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Multi-Family
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4
Units
7
Total Beds
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Multi-Family
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Units
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Total Beds
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98 School St, Lowell, MA 01854 (MLS# 73468875) is a Multi-Family property that was sold at $1,010,000 on February 06, 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.

98 School St Lowell, MA 01854