Price Reduced 2.76%

$525,000 ($248.93 per sqft)

Est. Mortgage $2,655/mo *

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42 Albion St, Lowell, MA, 01850

42 Albion St, Lowell, MA, 01850
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11 rooms

5 beds

2 Full baths

1925

2,109 sqft

Fantastic investment opportunity in Lowell! This multi-family property offers two spacious 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.

Status:

Active

Type:

Multi-family

Units:

2

Zoning:

TMF

Heating:

Forced Air

Cooling:

Window Unit(s)

Basement:

Unfinished

Levels:

3

Parking:

2-car, Paved Drive, Off Street, Paved

Acreage:

0.07

Est. Taxes:

$4,375

Assessment

$367,300

Construction

Frame

Lot Description:

Level

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University

Appliances:

Range, Refrigerator, Washer, Dryer, Microwave

MLS #:

73296426

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Lesly Perez, Cameron Real Estate Group Phone: 781-486-3180