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$1,250,000
74 Days On Site

12-14-16 Varney St
Lowell, MA 01854

For Sale|Multi Family|Pending
11
Beds
10
Full Baths
0
Partial Baths
7,862
SqFt
$159
/SqFt
1900
Built
County:
Middlesex
Call Now: 978-870-9260
Is this the home for you? We can help make it yours.
978-870-9260
12-14-16 Varney St12-14-16 Varney St12-14-16 Varney St12-14-16 Varney St
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Monthly Payment (Est.)

$5,703
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Excellent Investment opportunity. IRS 1031 Exchange Option available. Property has been managed by same company for 35 plus years. Good Condition and Low Turnover. The property consists of two buildings: 12 Varney, which has 4 units, and 14-16 Varney, offering 6 units. With a total of 10 units generating over $10k in monthly income, which is a 9.18% Cap Rate. 14 Varney has new steam boiler installed 2020, Elec panel updated to breakers 2020, Sewer line upgraded 2023. The location is convenient, with easy access to Lowell MBTA, shopping, and a public park, as well as major highways. Additionally, the property includes a small yard, 1-car garage, 2 off-street parking and plenty of on-street parking.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
74 Days
Bedrooms 
11
Inside Area (SqFt) 
7,862 sqft
Total Baths 
10
Full Baths 
10
Partial Baths 
N/A
Lot Size 
0.21 Acres
Year Built 
1900
MLS® Number 
73334630
Status 
Pending
Property Tax 
$8,345
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
2 months agoStatus changed to Pending
2 months agoListing first seen on site
General Features
Acres 
0.21
Foundation 
Concrete PerimeterOther
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
6
Parking 
PavedOff StreetOn Street
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
7862
SqFt Total 
7862
Water Source 
Public
Zoning 
TMF
Interior Features
Appliances 
RangeRefrigerator
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Exterior Features
Patio And Porch 
Porch
Community Features
Community Features 
Park
Schools
School District
Unknown
Elementary School
Charlotte M. El
Middle School
Kathryn P. Stok
High School
Lowell High
Listing courtesy of Paul Brouillette of LAER Realty Partners



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2025-05-05 06:54 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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