Multi-Family for Sale: 42 Albion St, Lowell, MA 01850 SOLD

5 beds
2 full baths
2,109 sqft
$520,000
$520,000
42 Albion St, Lowell, MA 01850 SOLD
5 beds
2 full baths
2,109 sqft
$520,000
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Selling Price: $520,000
Original List Price: $539,900
Sold at 96.3% of list price
Sold Date: 01/10/2025

Type Multi-Family
Beds 5
Total Baths 2 full baths
Square Feet 2,109 sqft
Lot Size 0.07 acres
Year Built 1925

City Lowell
County Middlesex

MLS 73296426
Status Closed
DOM 102 days
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.

Lot & Building Features

Appliances Dryer, Washer, Refrigerator, Range, Microwave
Construction Frame
Cooling Window Unit(s)
Heating Forced Air
Sewer Public Sewer
Tax Year 2024
Taxes Paid $4,375
Water Public
Foundation Stone
Exterior Features Balcony/Deck
Interior Features Bathroom With Tub, Walk-Up Attic, Open Floorplan, Living Room, Living RM/Dining RM Combo, Kitchen, High Speed Internet, Heated Attic, Dining Room
Roof Shingle
Full Baths 2
Parking Off Street, Paved Drive, Paved
Total Rooms 11
Basement Feature Unfinished
Garage Spaces 0

Price History of 42 Albion St, Lowell, MA

Date Name Price Difference
10/23/2024 Price Adjustment $520,000 3.69%
09/30/2024 Listing Price $539,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 42 Albion St, Lowell, MA

Location Map Street View
Photo of Fawn Bonfanti, MBE, REALTOR®, SHRM
Direct: 603-365-5166
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Cameron Real Estate Group, Lesly Montoya Jose
Sold by Access, Dot Collection
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Cameron Real Estate Group

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