Sold

492 Fletcher St, Lowell, MA

Lowell · MA 01854

$605,000
Price
6
Beds
2
Baths
2406
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 2 Units
Lot size: 2,178 Sq.Ft Lot
Price per square foot: $270 / Sq.Ft
Parking: No Parking

About this home

Lead Certificates in hand. Property being sold with both units occupied. Strong investment opportunity at 492 Fletcher Street in Lowell. This multi-family property features two units, each offering three bedrooms, creating excellent rental potential in a high-demand area. With separate utilities, investors benefit from simplified management and the ability to control expenses and maximize cash flow. Ideally located near University of Massachusetts Lowell, this property is well-positioned to attract consistent tenant demand, including students, faculty, and local workforce renters. Convenient access to major routes, public transportation, and downtown Lowell amenities further enhances its appeal. A solid addition to any portfolio or a great opportunity for an owner-occupant looking to offset their mortgage with rental income.

Neighborhood & Transit

492 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:
185 days
Listing Price:
$649,900
Price per Sq.Ft:
$270
Tax Assessment:
$447,100 in 2025
Taxes:
$428 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,406 Sq.Ft
Broker Disclosure about Living Area
Spacious bedrooms make these unit appealing rentals.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2406
Flooring
Unknown
Lead paint
Certified Treated

Utilities

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

Exterior Features

Lot Size
2,178 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

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

Listing information

Listing agent
Raymond Boutin
Listing office
RE/MAX Innovative Properties
MLS PIN #
73511911
Disclosure
Buyers and buyers agents to verify all information.
Disclosure
Spacious bedrooms make these unit appealing rentals.