Welcome to this well-maintained two-family home located just minutes from the UMass Lowell campus — an unbeatable location for investors, owner-occupants, or those seeking strong rental income potential! First floor unit offers a 2 bed 1 bath layout, and the second floor offers a 4 bed 1 bath layout. Second floor underwent a major renovation in 2021 with all new hardwood floors, granite countertops. New roof was installed in 2021, along with HVAC and water tanks. Strong rental history and consistent demand make this a turnkey investment with immediate income potential.
Multi-familyProperty Type
1880Year Built
3,485 sq ftLot Size
$272Est. Price/Sq.Ft.
5 spacesParking
Listed by The Rogers / Melo Team• LAER Realty Partners
Bought with The Legacy Group• EVO Real Estate Group, LLC
GREAT TWO FAMILY IN THE ACRE AREA FOR YOU. This is a great opportunity to own this two family. Features: Vinyl Siding, Approximately 4 cars off-street tandem parking. Unit 1 has 2 bedrooms, 1 full bathroom, eat-in kitchen, living room & unit 2 also has 2 bedrooms, 1 full bathroom, eat-in kitchen, living room, finished walk up attic for extra storage. Both units have own interior front entrance and rear entrance, separated gas & electric meter, hot water tank. First & Second floor have electric baseboard heat, gas stove in both units, full basement, ceramic, vinyl & carpet flooring. Current rent amount could be below today rental market value but buyer need to do own research for today rental market value. Property needed TLC.
MLS PIN #70878510
Jul 3, 2009
Sold
$160,000
$60/sq ft
Apr 20, 2009
Contingent
—
Apr 13, 2009
Price Changed
$169,900
$63/sq ft
Feb 20, 2009
Listed
$199,000
$74/sq ft
Move in condition. New Driveway. Seller will contribute up to $7,500.00 toward closing cost.
Year
Property tax
Land + Additions
Assessment*
2025
$4,509 (+7.5%)
$96,000 + $296,800
$392,800
2024
$4,196 (+7.6%)
$89,700 + $262,600
$352,300
2023
$3,900 (+8.1%)
$78,000 + $236,000
$314,000
2022
$3,609 (−3.3%)
$70,900 + $213,500
$284,400
2021
$3,734 (+11.1%)
$61,700 + $215,700
$277,400
2020
$3,360 (+6.7%)
$52,600 + $198,900
$251,500
2019
$3,148 (+7.6%)
$46,400 + $177,800
$224,200
2018
$2,927 (+5.7%)
$44,200 + $159,200
$203,400
2017
$2,768 (−1.6%)
$40,200 + $145,300
$185,500
2016
$2,812 (+8.1%)
$40,200 + $145,300
$185,500
2015
$2,602 (−1.8%)
$41,400 + $126,700
$168,100
2013
$2,651 (+1.6%)
$55,100 + $121,500
$176,600
2012
$2,608 (+0.3%)
$55,100 + $121,500
$176,600
2011
$2,599 (−5.1%)
$58,700 + $123,400
$182,100
2010
$2,740
$69,700 + $136,800
$206,500
2009
$2,739
$69,100 + $165,400
$234,500
Tax history for 85 Varney St
Year
Property tax
Land + Additions
Assessment*
2025
$4,509 (+7.5%)
$96,000 + $296,800
$392,800
2024
$4,196 (+7.6%)
$89,700 + $262,600
$352,300
2023
$3,900 (+8.1%)
$78,000 + $236,000
$314,000
2022
$3,609 (−3.3%)
$70,900 + $213,500
$284,400
2021
$3,734 (+11.1%)
$61,700 + $215,700
$277,400
2020
$3,360 (+6.7%)
$52,600 + $198,900
$251,500
2019
$3,148 (+7.6%)
$46,400 + $177,800
$224,200
2018
$2,927 (+5.7%)
$44,200 + $159,200
$203,400
2017
$2,768 (−1.6%)
$40,200 + $145,300
$185,500
2016
$2,812 (+8.1%)
$40,200 + $145,300
$185,500
2015
$2,602 (−1.8%)
$41,400 + $126,700
$168,100
2013
$2,651 (+1.6%)
$55,100 + $121,500
$176,600
2012
$2,608 (+0.3%)
$55,100 + $121,500
$176,600
2011
$2,599 (−5.1%)
$58,700 + $123,400
$182,100
2010
$2,740
$69,700 + $136,800
$206,500
2009
$2,739
$69,100 + $165,400
$234,500
*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
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,485 Sq. Ft.
Year renovated
—
Sq. Ft.
2,288
Year built
1880
Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
3182566
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: Off Street, On Street
Interior
Bathroom Information
# of Bathrooms (Full): 2
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 14
Flooring: Wood, Tile, Carpet, Hardwood
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 2,688
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Renovated Since
Color: Yellow
Exterior Features
Roof: Shingle
Property Information
PropertySubType: 2 Family - 2 Units Up/Down
Above Grade Finished Area: 2688
Below Grade Finished Area: 0
Levels: 3
Lot Information
Lot Size (Acres): 0.08
Lot Features: Corner Lot
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $4,509
Tax Year: 2025
Utilities
Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Electric: 100 Amp Service
Location
Location Information
Directions: USE GPS
UnparsedAddress: 85 Varney Street, Lowell MA 01854
Community Information
Senior CommunityYN: No
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,288
Stories: 2.0
Lot Size: 3,485 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1880
Year Renovated: —
County: Middlesex County
APN: 3182566
Home facts updated by county records on Jul 16, 2026
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Bartlett Community Partnership School
Public PreK-8 • Assigned • 0.1mi
6/10
Lowell High School
Public 9-12 • Assigned • 0.7mi
4/10
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, 16 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 • 01854
Average low and high temperatures (°F)
32
17
35
18
50
30
60
39
68
50
80
60
85
65
81
58
75
54
63
44
51
34
37
22
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
Provided by Shadowmap
Estimated sale price
$696,000 – $842,000
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