This property presents a High-Potential Investment Opportunity with a List Price of $1,090,000—positioned well below the $1,104,796 Fair Market Value by 1%. This valuation gap offers $14,796 in Instant Equity. Featuring a Fair Condition Rating (5/10), the home offers Significant Expansion Potential via a full basement and proposed plans. Located near Top-Rated Schools like Lowell High and Chinese Immersion at Deavila, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to modernize a historic 1900s asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 149 London Street Subject | $1,090,000* List Price | 3 | 2 | 1,125 | $982 | - |
A 66 Theresa Street Sold | $870,000 | 2 | 2 | 1,140 | $763 | 0.2 mi |
B 116 Madrid Street Sold | $1,020,000 | 3 | 2 | 1,125 | $907 | 0.2 mi |
C 153 Madrid Street Sold | $882,500 | 3 | 1 | 875 | $1,009 | 0.2 mi |
D 1558 Alemany Boulevard Sold | $1,350,000 | 2 | 1 | 1,340 | $1,007 | 0.2 mi |
E 631 London Street Sold | $1,010,000 | 3 | 2 | 1,250 | $808 | 0.6 mi |
F 619 Cayuga Avenue Sold | $1,410,000 | 2 | 1 | 1,480 | $953 | 0.2 mi |
G 115 Navajo Avenue Sold | $950,000 | 0 | 1 | 1,250 | $760 | 0.8 mi |
H 967 avalon Avenue Active | $1,100,000 List Price | 4 | 2 | 1,050 | $1,048 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1900, this 124-year-old property is a clear rehab candidate. The listing focuses on 'proposed plans for expansion' and 'unwarranted space,' suggesting that the current kitchen, baths, and systems are likely outdated or non-compliant, requiring significant investment to modernize and legalize the living area.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The property features a full basement and existing proposed plans for expansion, offering a substantial opportunity to increase square footage and property value in a high-demand market.
While assessor records show two bedrooms, the current two-level layout provides enough versatile space to easily function as a four-bedroom home, catering to larger households.
Discrepancies between the assessor's data and the actual layout, along with potential unwarranted areas, may pose challenges for buyers regarding financing, insurance, and future permitting.
Built in 1900, the property likely requires significant modernization of its core systems and structural components to meet contemporary building codes and efficiency standards.
2 levels with enough space to make it a 4 bedroom home. Assessor information shows 2 BR. Full basement for possible expansion and still have room for parking. There are proposed plans for expansion. As always please check as there may be unwarranted space.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,125 | - |
| Lot Size | 2,496 | - |
| Price | $1.09M | $2.02M |
| Price per sq ft | $969 | $1.2K |
| Built year | 1900 | 0 |
| HOA | $0 | $0 |
| Days on market | 21 | 46 |
Jul 1, 2026
$1,090,000
Initial Listing
Jul 13, 2012
$479,000
Public Record