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.
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This property sold for 3.7% below the original asking price.
The property spent 76 days on market before selling.
42 Albion St, Lowell MA 01850
Lowell, MA 01850
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 01/10/2025 | ✓ Sold | $520,000 | - | - | Property sold |
| 09/30/2024 | 🏠 Listed for Sale | $525,000 | - | - | Original listing |
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