Sold
426 Fletcher St, Lowell, MA
Lowell · MA 01854
- $902,500
- Price
- 14
- Beds
- 5.5
- Baths
- 3368
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1870
Units:
14 Units
Lot size:
6,534 Sq.Ft Lot
Price per square foot:
$252 / Sq.Ft
Parking:
4 Off Street Spaces
About this home
Great Investment Opportunity with option for IRS 1031 Tax Deferred Exchange for Qualified Investor. Across from South Common in a prime location.14-unit rooming house with 2 units w/ private baths, 12 tenants sharing 3 &1/2 bathroom facilities. All utilities are included in the rent. The building is well-maintained and conveniently located near public transportation, shopping, and easy highway access. Cap Rate: 11.51%. 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. 4 off-street parking and plenty of on-street parking. Good Condition, Well maintained & Low turnover, Property managed by same Company for 45 years. Unique Opportunity.
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:
- 622 days
- Listing Price:
- $850,000
- Price per Sq.Ft:
- $252
- Tax Assessment:
- $418,700 in 2024
- Taxes:
- $416 / Monthly
Home Facts
Interior Features
- Bedrooms
- 14
- Full Bathrooms
- 5
- Half Bathrooms
- 1
- Living Area
- 3,368 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3368
- 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
- 6,534 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 4 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- 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 #
- 73334641