Off Market

426 Fletcher St, Lowell, MA

Lowell · MA 01854

$1,999,900
Price
20
Beds
15.5
Baths
11230
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 24 Units
Lot size: 0.36 Acre Lot
Price per square foot: $178 / Sq.Ft
Parking: 1 Garage Space · 2 Off Street Spaces

About this home

The property consists of three buildings with a total of 24 units: 426 Fletcher St is a 14-unit rooming house,12 Varney has 4 units, and 14-16 Varney offers 6 units. Actual income generated is over $22,250 per month, 10.63% Cap Rate. Market rents could be higher. 426 Fletcher has sprinkler system installed 1994, two new hot water tanks installed 2/5/25, two holding tanks installed in 2022 and new vinyl sided in 2022. 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.

Neighborhood & Transit

426 Fletcher St, Lowell · MA 01854

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:
623 days
Listing Price:
$1,999,900
Price per Sq.Ft:
$178
Tax Assessment:
$700,700 in 2024
Taxes:
$695 / Monthly

Home Facts

Interior Features

Bedrooms
20
Full Bathrooms
15
Half Bathrooms
1
Living Area
11,230 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
11230
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
15,682 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl, Brick
Roof
Unknown

Green Features

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

Listing information

Listing agent
Paul Brouillette
Listing office
LAER Realty Partners
MLS PIN #
73334728