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$1,400,000

187 Varnum Ave, Lowell MA 01854
Lowell, MA 01854
Listed by Adam Dowling
Bedrooms
7
Bathrooms
5
Living area
5,507 sqft
Year built
1900

About this home

Contractor/Investor Special- 5,500 sq ft Victorian with river views. Gutted to the studs and approved for a 3 family with an attached ADU. This stately property offers the opportunity to blend historic character with modern redevelopment. Brand new roof, new HVAC, and updated framing already completed. Approved layouts include a one bedroom, two bedroom, and three bedroom unit, plus an ADU attached to the three bedroom unit. Large, sun filled rooms, beautiful architectural detail, and dedicated parking for each unit. Significant work completed, but project still needs finishing. Ideal for investor, contractor, or possible condo conversion. Rare chance to transform one of Lowell’s architectural gems.

Highlights

WaterfrontFireplace

Property details

MLS #
73484343
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
5
Garage spaces
N/A
Lot size
0.3 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Joseph McAvinnue
0.34 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
444
Student:teacher ratio
12.0:1
District
Lowell
Middle
Dr An Wang School
0.63 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
665
Student:teacher ratio
15.1:1
District
Lowell
High
The Career Academy
1.2 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
97
Student:teacher ratio
10.8:1
District
Lowell

Mortgage calculator

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Est. monthly payment
$8,581/mo
$280,000 down
$1,120,000 loan
Principal & interest$7,264
Property tax (est.)$1,167
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 29, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.