Sold

42 Albion St, Lowell, MA

Lowell · MA 01850

$520,000
Price
5
Beds
2
Baths
2109
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1925
Units: 2 Units
Lot size: 3,250 Sq.Ft Lot
Price per square foot: $249 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

Fantastic investment opportunity in Lowell! This multi-family property offers two units, perfect for owner occupancy or adding to an investor's portfolio. Unit 1: 2 bedrooms, 1 bath Unit 2: 3 bedrooms, 1 bath. Each unit features separate utilities and offers off-street parking for convenience. Located just 4 minutesfrom the T and a short walk to the bus stop, commuting is a breeze. Enjoy being 1 mile from downtown Lowell, a 10-minute walk to Kerouac Park and George McDermott Reservoir. With tenants currently at will and paying below market rents, there is significant potential for increased cash flow. Lowell?s low vacancy rate of only 3.75% makes this a great investment opportunity! Don't miss out on this excellent multi-family property in a prime location. Some TLC needed reflective of the listing price.

Neighborhood & Transit

42 Albion St, Lowell · MA 01850

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
764 days
Listing Price:
$525,000
Price per Sq.Ft:
$249
Tax Assessment:
$367,300 in 2024
Taxes:
$365 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,109 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2109
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
3,250 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Aluminum
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Lesly Montoya Jose
Listing office
Cameron Real Estate Group
MLS PIN #
73296426