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Lowell

The City of Lowell is the fourth largest city in the Commonwealth of Massachusetts and its strategic location at the intersections of Routes 495, 93 and 3, provides excellent access to all points of interest in Massachusetts as well as New Hampshire and Maine. Commuter rail also provides an easy 40-minute ride to Boston's North Station. Residents claim Lowell's National Park as this country's greatest tribute to the Industrial Revolution and the textile industry that boomed in New England in the nineteenth century. The rehabilitated mill buildings are further complemented by 2 1/2 miles of trolley and canal boat tours and several museums.


The 3200-seat Lowell Auditorium hosts many of the country's best performers at affordable prices. The Merrimack Repertory theater, which is also located in downtown Lowell, is one of the few self-sustaining repertory theater groups in the northeast. The 19th century mill buildings provide an excellent opportunity for low-cost acquisition and rehabilitation for small and large companies.


The city offers many unique financial incentives to encourage new growth and development. The city's workforce is computer literate and strongly supported by the local school district, which has just completed nine new schools and five school rehabilitations. The education base also includes Middlesex Community College and University of Massachusetts at Lowell. The student population further enhances the market for retail businesses in downtown Lowell and its surrounding neighborhoods. This planned urban community is built around the Merrimack River and its diverse canal system, which provided power to the early manufacturers. Today these water amenities add to the character of the city.


Special events of the year include a folk festival which Lowell residents claim as the best in New England and which draws over 200,000 people annually, Riverfest, First Night, and Fourth of July fireworks. Residents say proudly that Lowell has something for everyone with its unmatched quality of life.

School System Info

MCAS Ranking (of 351 towns) in State:

10th Grade Math:

158  

 

10th Grade Eng:

161  

 

8th Grade Math:

177  

 

8th Grade Eng:

183  

 

8th Grade Science:

177  

 

4th Grade Math:

233  

 

4th Grade Eng:

233  

 

Spending/Student:

$8,338

Average SAT scores:

1366

Student/Teacher Ratios:

13.1 to 1

 

 

Community

Population:103,512 Median Income in town: $53,250 Population Density:
(people per square mile)

7523

 

 

Crime Rate (per 1000 residents):

Property: 29.3 / 1,000
Violent: 8.2 / 1,000

 

Real Estate

Number of active:

Singles/Condos/Multis: 182 / 126 / 58

Median home price this year: N/A Median home price last year:

$192,250

Median home price 5 yrs ago:

$253,000

% change since last year:

N/A

% change since 5 years ago:

-32%

Avg single family tax bill:

$2,858

 

Transportation

Rail info: (T stops, commuter rail stops)

Lowell (Lowell Line)

Subway info:

subway

Bus lines:

bus

Miles to Boston:

34

Drive time to Boston (minutes):

37

Rail time to Boston:

47

 

 

RECENT LISTING

TYPE:

Condo

PRICE:

$159,900

New townhouse. 6 rooms, 2 bedrooms, 1 1/2 baths and a 2-car garage underneath. Front porch, tile floors in the kitchen and baths. First floor: 1/2 bath, living room, dining room, & kitchen. Second floor: full bath with laundry hookups, 2 bedrooms & small office. Special financing offered through Lowell Five.  



TYPE:

Condo

PRICE:

$49,900

FIRST TIME HOMEBUYERS and INVESTORS, what a great opportunity! This condo complex is located conveniently near shopping and public transportation. Reasonable condo fees and on-site management. Come and check out this well laid out condo opportunity.  



TYPE:

Condo

PRICE:

$79,900

Priced to sell! Buyers wanted!!! Sold as is. All offers are contingent upon receipt of a fully executed and mutually acceptable Purchase & Sale agreement & all sellers? addendums. The acceptance of good faith monies in escrow without an executed contract does not bind the seller. Buyer is responsible to verify all information since it was obtained from a 3rd party. No changes to the P&S or Addendums. Commission paid on net sales price.  



TYPE:

Condo

PRICE:

$14,900

Property has sustained heavy fire damage. This is the second floor condo. *CASH ONLY . *Seller offering 2 yr Home Warranty on Owner Occupied offers ONLY. Seller addendums and certified funds reqd w/P&S. Contract must be signed and returned to list agent within 48 hrs. No changes allowed to P&S. Pre-approval or proof of funds reqd. Sold as-is. This property is eligible under the Freddie Mac First Look Initiative through 2/23/12  



TYPE:

Single Family

PRICE:

$239,900

Great Garrison home in South Lowell - Tewksbury line, on a cul-de-dac. This home features and updated kitchen with a breakfast bar, ceramic tile floors, and recessed lighting. Easy access to back deck for those summer bbqs. Central Air & gas heat for ease and comfort. Master has cathedral ceilings and 2 closets, while other 2 bdrms are ample size. Finished area in bsmt for a family room or playroom and large storage area in back. Move right in. Convenient location to train & hwy.  



TYPE:

Land

PRICE:

$49,900

**ATTENTION ALL BUILDERS & HOMEOWNERS** BUILD YOUR DREAM HOUSE, SELLER PARTICIPATION, SELLER FINANCING, VACANT LOT CHRISTIAN HILL- -AMAZING WATER VIEWS AND ENTIRE CITY..BUYER RESPONSIBLE FOR ALL PERMITS  



TYPE:

Single Family

PRICE:

$343,900

Brand New Construction Located in the Highlands Area of Lowell- 3 bedrooms 3 bath, laundry room, 2 car garage, Master suit with Master bath and 12x12 walk in closet. Open concept kitchen with Granite and stainless steel appliances, hardwood floors throughout lower level living and dining. Priced at 343,900 this house won't last. Set up a showing today. Close to all major Highways  



TYPE:

Single Family

PRICE:

$209,999

Repolish this precious gem! Loaded with character & distinctive features, this magnificent 4 Br/1.5 B brick Colonial is ready for you to restore the elegance & charm. All systems replaced in 2009 (Heat/Central AC/Elec.), brand new full bath on 2nd flr, slate roof , HW flrs., gumwood LR, elegant & welcoming vestibule with blt.in bench & leaded glass windows. Yes, this house has the solid bones you need, and waiting for you to bring the "muscle & skin into the game" for all your cosmetic wants!  



TYPE:

Condo

PRICE:

$185,000

End unit townhouse in newer small condo complex. Reasonable condo fee. Hardwood flooring, gas fireplace and jacuzzi tub. Stainless appliances. Washer/Dryer hook-up in second floor bathroom. Nice clean unit currently owner occupied. Short sale approval required but in process.  



TYPE:

Condo

PRICE:

$149,900

This is a Fannie Mae HomePath property ? Mortgage and Renovation financing may be available with as little as 3% down. Dracut Line! Like new only 7 years old. Spacious Townhouse offering a large living room. Master bedroom has a large loft great to use as a Media Room or additional sleeping space. Some wood floors and one car garage under.  



TYPE:

Condo

PRICE:

$300,000

PANORAMIC VIEWS!! This sun-filled 2592 sq ft corner unit Penthouse features are 5 oversized windows overlooking 2 views of the city, custom cabinets with a pantry and elegant master bedroom w/full bath and Jacuzzi. 2 deeded parking spaces 1 under + 1 outside. Marble foyer with spiral staircase and french doors. This hidden treasure is in walking distant to all Lowell's finest restaurants and cultural activities. Seller will entertain offers between $300K to $340K. You will not be disappointed.  



TYPE:

Multi-Family

PRICE:

$649,900

7 units townhouse style, very large units most with 2 floors & 1.5 bathrooms. Long term tenants & tenant paid utilities. All units have there own attics & basements. Building consist of Two-3 bedrooms,Five-2 bedrooms. All units have washer dryer hookup. Renovated 10 years ago. Building shows well and maintained well.  



TYPE:

Condo

PRICE:

$89,000

Why pay rent? Pride of ownership shows in this beautiful 3rd floor unit, completely updated, newer appliances. Nothing to do but move in!! Low condo fee, extra storage in attic. Ideal location close to commuter routes. Come see it Now!  



TYPE:

Condo

PRICE:

$149,900

This studio style loft boasts a pristine view of the Merrimack River from every window! The interior offers a washer & dryer hook up in the unit, high ceilings with exposed beams, large operable windows, and laminate floors! Additional features include reserved on site parking, fitness center and extra storage, Seller addendums with P&S. No changes allowed to P&S. This property is eligible under the Freddie Mac First Look Initiative until February 21, 2012.  



TYPE:

Single Family

PRICE:

$549,900

Rare spacious Cape home overlooking the Mount Pleasant Golf Course. This home with its open floor plan is ideal for entertaining. A large walk-out sun room and lower level kitchen will make your summer parties a breeze. This 5 BR home has room for everyone. Enjoy tennis on your own back yard tennis court or a round of golf is just a short walk away. Just minutes from downtown Lowell.  



TYPE:

Single Family

PRICE:

$119,000

Move in ready, much of this home has been updated. Note that this home is a short sale and is being sold AS IS, WHERE IS w/ no representations/warranties by the seller. Buyer must perform his/her own due diligence at his/her own expense.  



TYPE:

Condo

PRICE:

$131,150

Large Townhouse with updated kitchen, two brand new baths, all freshly painted. This lovely townhouse is in area of single family homes. Close to UMass and major routes.  



TYPE:

Single Family

PRICE:

$49,900

Property is total rehab, no copper, broken windows, interior has been vandalized. Common driveway, set in back on another property. Cash offers or rehab loans only. All documents must be signed with 72 hours of receipt with no changes. Deposit must be bank check.  



TYPE:

Multi-Family

PRICE:

$94,900

Great two family with views of the city. Granite counter tops, plenty of parking, and much more. ON OWNER OCCUPIED seller is offering 2 yr Home Warranty. This property is eligible under the Freddie Mac First Look Initiative for the first 15 days thru 2/18/12 for owner occupants only. Seller addendums and certified funds reqd w/P&S. Contract must be signed and returned to list agent within 48 hrs. No changes allowed to P&S. Sold AS-IS  



TYPE:

Single Family

PRICE:

$209,900

Immaculate & cozy 3-4 bed Cape w/fenced in yard, off street parking in ?move in? condition! Vinyl siding & RP windows, new roof, updated bath & new interior paint. 1St floor master, open concept eat in kitchen / LR. Slider off the kitchen leads to a private deck and big back yard. Potential family room in LL. Hardwood in 5 of the 6 rooms! Not a short sale or foreclosure. MOTIVATED SELLER!!!  






 

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Fax: 508-339-5675

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Top Bargain Listings in Lowell

Single Family / 3 Beds / $65,000
Multi-Family / 6 Beds / $70,000
Condo / 2 Beds / $22,900
Multi-Family / 7 Beds / $69,000
 
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