MA
Middlesex
Lowell
01850
42 Albion Street
42 Albion Street, Lowell, MA 01850
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Listing Type
Multi Family
Listing Status
Active
31
$609,000

Home Details for 42 Albion Street

Price
$609,000
Type
Residential Income
Bedrooms
5
Total Bathrooms
2
Full Bathrooms
2
Square feet
2109
Year built
1925
Lot size acres
0.05
County
Middlesex
Total rooms
11
Basement
Full, Unfinished
MLS Listing#
73562555
Property Description

Turn-key two-family investment opportunity in Lowell! This 5-bedroom, 2-bath multi-family is 2,109 square feet of living space across two spacious units. Unit 1 features 2 bedrooms and 1 bath, leased through July 2027. Unit 2 features 3 bedrooms and 1 bath with a flexible at-will tenancy, and the property can be delivered vacant if a buyer prefers. Each unit has separate utilities, its own washer and dryer connection with appliances staying, and the property offers off-street parking for two vehicles.Recent improvements include hot water tanks replaced within the last three months in both units, a partially replaced rubber roof in the rear, and fresh interior paint throughout. Combined rents total $4,400 per month, offering strong, stable cash flow with additional upside as leases turn over. Located just a mile from downtown Lowell, a short walk to public transportation, Kerouac Park, and the George McDermott Reservoir, this property is a smart addition to any investment portfolio or an excellent owner-occupant opportunity in a high-demand rental market. Don't miss this one.

Property Features
  • Basement
    • Full
    • Unfinished
  • Water Features
    • Public
  • Parking
    • Paved
Listing Courtesy: Access - 617-825-8000
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Office
781 270 4770
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