Active
60 Days on market
1582 Varnum Ave Lowell — Photo 1 of 42

1582 Varnum Ave Lowell — Photo 1 of 42

Recent Drop: $75,100

$675,000
$599,900

$599,900

Investment Analysis — 1582 Varnum Ave

Lowell, MA 01854 — Pawtucketville

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01854 carries an estimated $2,700/mo in gross rent — about a 3.13% cap rate and $18,759/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,382

Style

Single Family

Built

1960

Updated Price! Open House: Saturday, September 19th, from 12:00 PM to 2:00 PM. Come step into this bright, beautifully updated home offering a peaceful urban-countryside feel on a sprawling 0.36-acre fenced lot. This residence features three spacious bedrooms, two renovated full bathrooms, and extensive renovations completed within the last seven years, including a roof, siding, windows, plumbing, electrical systems, and hardwood flooring throughout. The kitchen (renovated 2020) serves as the heart of the home, boasting stainless steel appliances, white cabinetry, granite countertops, and a 92-inch center island that provides lots of storage space and sets right into the living area. Exterior highlights include custom lighting, two storage sheds, a four-car paved driveway, an amazing rear deck with a retractable sunshade and built-in television setup, perfect for outdoor dining, watch parties, or just relaxing. Located near the Tyngsboro line, enjoy easy access to tax-free NH shopping, Tyngsboro Park-Drive, Greater Lowell Tech, UMass, and local medical facilities. With buyer's diligence and new ADU regulations, you may have potential for future expansion or an accessory dwelling unit, this home is a must-see. TO NOTE: Some photos have been digitally cleared of furniture. The first-floor bedroom was originally comprised of two smaller rooms; it can easily be converted back into its original configuration or reconfigured to incorporate into additional living space. Offers requested by Monday, September 21st, at 5:00 PM.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 691 sq ft (the lesser of 900 sq ft or half the 1,382 sq ft principal dwelling). Lot size: 15,682 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$675,000
Annual Taxes$5,865

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Tile, Hardwood
BasementFull, Walk-Out Access, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Electric Baseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSSF

Property & Lot

Acres0.36
SqFt Lot15,682
Lot FeaturesCleared, Gentle Sloping, Level

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range Hood • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 2
First
Primary Bedroom
Main,First
Living RoomKitchenBathroom 1
Living Room
Lvl Main,First

23 x 12

Ceiling Fan(s), Flooring - Hardwood, Window(s) - Picture, Exterior Access, Open Floorplan, Wainscoting, Lighting - Overhead

Kitchen
Lvl Main,First

15 x 12

Flooring - Hardwood, Flooring - Wood, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Overhead, Crown Molding

Primary Bedroom
Lvl First

23 x 12

Ceiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Handicap Accessible

Bedroom 2
Lvl Second

16.1 x 12

Bedroom 3
Lvl Second

12.8 x 12

Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl Main,First

Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Countertops - Stone/Granite/Solid

Property History

Price Drop
$599,900

Was $619,000

Sep 16, 2026

MLS® 73550802

Price Drop
$619,000

Was $629,000

Sep 2, 2026

MLS® 73550802

Price Drop
$629,000

Was $675,000

Aug 7, 2026

MLS® 73550802

Listed
$675,000

Jul 22, 2026

MLS® 73550802

Listing Provided By

Listing Agent: Cheryl A. Maggio

Listing Office: LAER Realty Partners

MLS® Number: 73550802