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.
Sold
$520,000
42 Albion St, Lowell, MA 01850
5beds
2,109sqft
Multi Family
Built in 1925
-- sqft lot
$530,300 Zestimate®
$247/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 11, 2025 at 06:00am
Listed by:
Lesly Montoya Jose,
Cameron Real Estate Group,
Lesly Montoya Jose
Bought with:
Dot Collection
Access
Source: MLS PIN,MLS#: 73296426
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Window Unit(s)
Features
- Walk-Up Attic, Heated Attic, High Speed Internet, Bathroom With Tub, Open Floorplan, Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,109
- Total interior livable area: 2,109 sqft
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, Paved
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Deck - Wood
- Exterior features: Balcony/Deck
- Fencing: Fenced
Lot
- Size: 3,250 sqft
- Features: Level
Details
- Parcel number: 3189421
- Zoning: TMF
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
Location
- Region: Lowell
HOA & financial
Other financial information
- Total actual rent: 3350
Services availability
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Estimated market value
$530,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$530,300