***Offers due Monday at 5:00 PM. Please allow 24 hours for seller review*** Strong investment opportunity in Lowell’s Centralville neighborhood. This fully lead-compliant multi-family offers solid fundamentals and upside potential. Conveniently located near Routes 38, 110, and 495 for easy commuter access.Unit 1 features 3 bedrooms and 1 full bath.Unit 2 spans the second and third floors, offering 4 bedrooms and 3 full baths, including a primary bedroom with en-suite bath. All units have lead certificates. Off-street parking accommodates at least five vehicles.
Multi-familyProperty Type
1900Year Built
2,613 sq ftLot Size
$246Price/Sq.Ft.
5 spacesParking
Listed by Taulant Hibroj• Cameron Real Estate Group
Great opportunity for the investor with this fully lead compliant multi-family in the Centralville section of Lowell. Convenient to RT-38, RT-110 & RT-495. Roof is approximately two years old, siding eight to ten years old. Heat, hot water and cooking is by gas for each unit. At least five off-street parking spots total, potentially six. Two spacious three bedroom units. And while this is listed by the city as a legal two-family, it has been used as a three family for at least the length of this owner's possession, with the top floor being a large and wide open studio. All units have lead certificates. All units have two means of egress. 2nd floor unit is currently vacant and is being leased by owner @ $1450.00 per month as of December 1st. There is room for movement on the rents of the other two units. Prospective buyer to do own due diligence with regard to 3rd floor unit. This would be an excellent purchase for an investor in today's market.
MLS PIN #70688252
Feb 27, 2008
Sold
$104,900
$38/sq ft
Jan 31, 2008
Listing Removed
—
Dec 14, 2007
Listed
$104,900
$38/sq ft
HUGE REDUCTION!!!!! MAKE THIS YOUR MONEY MAKER!!! SELLER IS MOTIVATED SUBMIT ALL OFFERS!!!!! Legal Two unit, needs work, finished walk up third floor, with tons of potential!!!!
Year
Property tax
Land + Additions
Assessment*
2025
$5,530 (+7.5%)
$110,300 + $371,400
$481,700
2024
$5,142 (+7.4%)
$91,600 + $340,100
$431,700
2023
$4,788 (+9.4%)
$79,700 + $305,800
$385,500
2022
$4,376 (+6.3%)
$63,400 + $281,400
$344,800
2021
$4,116 (+6.2%)
$55,100 + $250,700
$305,800
2020
$3,877 (+7.5%)
$55,100 + $235,100
$290,200
2019
$3,605 (+6.2%)
$47,400 + $209,400
$256,800
2018
$3,393 (+5.9%)
$45,100 + $190,700
$235,800
2017
$3,205 (−3.6%)
$37,900 + $176,900
$214,800
2016
$3,323 (+7.3%)
$39,600 + $179,600
$219,200
2015
$3,096 (+14.5%)
$40,800 + $159,200
$200,000
2013
$2,705 (+2.5%)
$49,200 + $131,000
$180,200
2012
$2,638 (−1.7%)
$45,700 + $132,900
$178,600
2011
$2,684 (−4.6%)
$49,200 + $138,900
$188,100
2010
$2,813 (−6.8%)
$58,300 + $153,700
$212,000
2009
$3,019
$70,300 + $188,200
$258,500
Tax history for 25 Read St
Year
Property tax
Land + Additions
Assessment*
2025
$5,530 (+7.5%)
$110,300 + $371,400
$481,700
2024
$5,142 (+7.4%)
$91,600 + $340,100
$431,700
2023
$4,788 (+9.4%)
$79,700 + $305,800
$385,500
2022
$4,376 (+6.3%)
$63,400 + $281,400
$344,800
2021
$4,116 (+6.2%)
$55,100 + $250,700
$305,800
2020
$3,877 (+7.5%)
$55,100 + $235,100
$290,200
2019
$3,605 (+6.2%)
$47,400 + $209,400
$256,800
2018
$3,393 (+5.9%)
$45,100 + $190,700
$235,800
2017
$3,205 (−3.6%)
$37,900 + $176,900
$214,800
2016
$3,323 (+7.3%)
$39,600 + $179,600
$219,200
2015
$3,096 (+14.5%)
$40,800 + $159,200
$200,000
2013
$2,705 (+2.5%)
$49,200 + $131,000
$180,200
2012
$2,638 (−1.7%)
$45,700 + $132,900
$178,600
2011
$2,684 (−4.6%)
$49,200 + $138,900
$188,100
2010
$2,813 (−6.8%)
$58,300 + $153,700
$212,000
2009
$3,019
$70,300 + $188,200
$258,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
2,614 Sq. Ft.
Year renovated
—
Sq. Ft.
2,769
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
3192423
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
TMF
Traditional Neighborhood Multi-Family District
Traditional Neighborhood Residential Districts are designed to preserve, promote, and enhance the pedestrian-scale character of Lowell’s historic residential neighborhoods. All three encourage moderately-sized lots and prohibit large-scale developments. The TSF district emphasizes single-family homes, the TTF district also allows two-family homes, while the TMF also allows three-family homes and up to 6-unit multi-family developments by special permit. To encourage neighborhood stability and owner-occupancy, special provisions are provided for single-family developments in the TTF and TMF zones.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mixed use
Public service
Educational/school
Library
Museum / gallery
Property details
Parking
Parking Information
Has Open Parking
Open Parking Spaces: 5
Parking Spaces: 5
Parking Features: Paved Drive, Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 4
Interior Features
# of Rooms (Total): 11
Flooring: Wood
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: Y
Exterior
Building Information
Building Area (Total): 2,769
Foundation Details: Concrete Perimeter
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Unknown/Mixed
Property Information
PropertySubType: Multi Family
Above Grade Finished Area: 2769
Levels: 3
Lot Information
Lot Size (Acres): 0.06
Financial
Tax Information
Tax Annual Amount: $5,530
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: 100 Amp Service
Location
Location Information
Directions: See Google Maps
UnparsedAddress: 25 Read St, Lowell MA 01850
Community Information
Senior CommunityYN: No
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 2,769
Stories: 2.0
Lot Size: 2,614 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Middlesex County
APN: 3192423
Home facts updated by county records on Jul 16, 2026
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
K - 12
Preschool & daycare
Greenhalge Elementary School
Public PreK-4 • Assigned • 0.7mi
4/10
Henry J Robinson Middle School
Public 5-8 • Assigned • 0.7mi
4/10
Lowell High School
Public 9-12 • Assigned • 0.6mi
4/10
Leblanc Therapeutic Day School
Public 9-12 • Assigned • 1.3mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 96° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Lowell, MA • 01850
Average low and high temperatures (°F)
33°
18°
36°
19°
51°
31°
61°
40°
69°
50°
82°
60°
86°
65°
83°
59°
77°
54°
64°
45°
52°
35°
38°
23°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.4 hrs
JuneDecember
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