For Sale · Multi-Family
42 Albion Street
Lowell, MA 01850
Price cut: $30,000
$579,000
$609,000
$275 per sq ft
- 5
- beds
- 2
- baths
- 2,109
- sq ft
Est. payment: $3,476/mo Estimated. Taxes and insurance included.
- Lot (sq ft)
- 2,178
- Year Built
- 1925
- Type
- Multi-Family
- Status
- For Sale
- Property taxes (2025)
- $4,775
- Assessed value
- $415,900
- Days on Market
- 10
About this home
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 $4,670 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.
Facts & features
Interior
- Total rooms
- 11
- Appliances
- Disposal, Microwave, Refrigerator
- Basement
- Full, Unfinished
- Interior features
- Living Room, Dining Room
Systems & utilities
- Water
- Public
- Sewer
- Public Sewer
Exterior & parking
- Parking
- Paved Drive
- Total parking
- 2
Construction
- Foundation
- Stone
- Year built
- 1925
Flood risk
Location
Courtesy of Access
MLS #: 73562555 · Updated: August 31, 2026
Listing data is provided in part by MLS PIN and PrimeMLS/NEREN and is for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed.
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