Incredible investment opportunity for an FHA owner occupant or a passive investor seeking to add to an existing portfolio! This 3 family property is conveniently located in the Centralville neighborhood near all of Lowell's best amenities including UMASS. It has off-street parking for 3 to 6 vehicles in dedicated driveway. Unit A is currently vacant and offers 3 bedrooms and 2 full baths. Unit B also has 3 beds and 2 full baths while the first floor unit has 4 beds and 1.5 baths. This building has had many tasteful updates inside and out and is fully lead paint compliant! See attachments for rent roll, income & expenses. Currently contracted with Simplified Management, Inc. which could be assumed by the buyer for a smooth transition into passive ownership. Buyer/buyer's agent to do own due diligence. Agency has a vested interest in this property. Open House Sat 10/7 & Sun 10/8 from 11am-12pm. No showings until open houses.
Sold
$760,000
50-52 Albion St, Lowell, MA 01850
10beds
3,808sqft
3 Family
Built in 1920
-- sqft lot
$-- Zestimate®
$200/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: December 12, 2023 at 12:20pm
Listed by:
Candor Realty Group,
Four Points Real Estate, LLC,
Carla Sacasa
Bought with:
Benilton C. Silva
Benny's Realty Group
Source: MLS PIN,MLS#: 73166228
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Storage
- Flooring: Vinyl
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,808
- Total interior livable area: 3,808 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Patio
Lot
- Size: 4,253 sqft
Details
- Parcel number: M:175 B:85 L:50
- Zoning: TMF
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Block, Other
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Location
- Region: Lowell
HOA & financial
Other financial information
- Total actual rent: 6800
Other
Other facts
- Road surface type: Paved
Services availability

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