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

5 beds
2 full baths
2,109 sqft
$525,000
$525,000
42 Albion St, Lowell, MA 01850
5 beds
2 full baths
2,109 sqft
$525,000
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Price:
$525,000
$14,900 - 10/23/2024

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 Active Under Contract
DOM 54 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 $525,000 2.76%
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.

Comparable Properties Sold Near By

Low
$500,000
$222 / sqft
Average
$595,533
$282 / sqft
High
$680,000
$302 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Lowell 01850 5 2.0 $525,000 2,109 $249 N/A
43 Kinsman Street Lowell 01852 5 2.0 $500,000 2,063 $242 01/24/2024
33 England St Lowell 01852 5 2.0 $610,000 1,990 $307 03/04/2024
5-7 Floyd Street Lowell 01852 6 2.0 $500,000 2,250 $222 05/16/2024
28 Chapel St Lowell 01852 4 3.0 $505,000 2,200 $230 05/24/2024
12 Dean Ave. Dracut 01826 5 2.0 $650,000 2,160 $301 05/10/2024
6 Rockdale Ave Lowell 01854 6 2.0 $550,000 2,002 $275 06/26/2024
137 Sparks Street Lowell 01854 4 2.0 $651,000 1,986 $328 05/23/2024
228 Ludlam St. Lowell 01850 5 2.0 $650,000 2,202 $295 05/23/2024
153 Cross St Lowell 01854 6 2.0 $580,000 2,096 $277 06/13/2024
496-498 Concord St Lowell 01852 6 2.0 $620,000 2,112 $294 06/28/2024
14 Trudel Ave Dracut 01826 5 3.0 $680,000 2,249 $302 09/24/2024
30-32 Manchester St Lowell 01852 4 2.0 $610,000 2,238 $273 09/30/2024
15 Jordan St Lowell 01854 4 2.0 $607,000 2,082 $292 10/16/2024
487 - 489 E Merrimack St Lowell 01852 5 2.0 $620,000 1,989 $312 11/12/2024
117 Sicard Ave Dracut 01826 4 2.0 $600,000 2,014 $298 10/18/2024

Map of 42 Albion St, Lowell, MA

Location Map Street View
Photo of Abby Fino
Direct: 603-504-5399
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Cameron Real Estate Group, Lesly Perez
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42 Albion St (MLS #73296426) is a multi-family listing located in Lowell, MA. This multi-family listing is 2,109 sqft and on a lot of 3,250 sqft (or 0.07 acres) with 5 bedrooms, 2 baths and is 99 years old. This property was listed on 09/30/2024 and has been priced for sale at $525,000.

The 5 bedroom multi-family listing at 228 Ludlam St. in Lowell is nearby and sold for $650,000 on 05/23/2024. Another nearby 4 bedroom multi-family listing, 28 Chapel St in Lowell sold for $505,000 on 05/24/2024.

Nearby zip codes are 01826, 01851, 01852, 01854 and 01876. This property neighbors other cities such as Billerica, Chelmsford, Dracut, Merrimac and Tewksbury.

MLS PIN

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

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.