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Ed Greable

[email protected] +1(617) 905-9128

$ 525,000

Est. payment -/mo

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Price Dropped by $14K

42 Albion St Lowell, MA 01850

5 Beds

2 Baths

2,109 SqFt

OPEN HOUSE

Sat Nov 16, 12:00pm - 3:00pm

UPDATED:

11/13/2024 12:37 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,109 sqft

Price per Sqft $248

MLS Listing ID 73296426

Bedrooms 5

Full Baths 2

Year Built 1925

Annual Tax Amount $4,375

Tax Year 2024

Lot Size 3,049 Sqft

Acres 0.07

Property Description

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.

Location

State MA

County Middlesex

Zoning TMF

Direction Use GPS from your location

Rooms

Basement Unfinished

Interior

Interior Features Walk-Up Attic, Heated Attic, High Speed Internet, Bathroom With Tub, Open Floorplan, Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo

Heating Forced Air

Cooling Window Unit(s)

Appliance Range, Refrigerator, Washer, Dryer, Microwave

Exterior

Exterior Feature Balcony/Deck

Fence Fenced

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

Waterfront false

Roof Type Shingle

Parking Type Paved Drive, Off Street, Paved

Total Parking Spaces 2

Garage No

Building

Lot Description Level

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Cameron Real Estate Group

Ed Greable

Agent | License ID: 9046843

+1(617) 905-9128

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