42 Albion Street, Lowell MA 01850
Lowell, MA 01850
$609,000
Est. $3,677/month
Track this home for price, status, and open-house alerts.
Open House Schedule
16
Aug
Sunday, August 16
12:00 PM - 1:30 PM EDT
15
Aug
Saturday, August 15
11:00 AM - 12:30 PM EDT
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 $4,400 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.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Market Insights
14.6%
Price Range
1
Previous Sales
Property Timeline
Listed for Sale
Aug 12, 2026
$609,000
Original listing
Agent: Dot Collection
Office: Access
Previous Transaction - MLS #73296426
Full transaction history available when tracking began
Previously Sold
Jan 10, 2025
$520,000
MLS #73296426
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/12/2026 | 🏠 Listed for Sale | $609,000 | - | - | Original listing |
| 01/10/2025 | 🏷️ Previously Sold | $520,000 | - | - | MLS #73296426 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,775 | $415,900 |
Financial Details
Annual Property Tax
$4,775
Tax Year 2025
Assessed Value
$415,900
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1925
Living Area
2,109 sq ft
Lot Size
0.05 acres
Stories
3
Bedrooms
5
Full Baths
2
Total Rooms
11
Investment Metrics
Units
2
Unit 1 Rent
$2,000/mo · Y
Unit 2 Rent
$2,400/mo · N
Total Monthly Rent
$4,400/mo
Gross Income
$52,800
Net Operating Income
$52,800
Cap Rate
8.67%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
Disposal, Microwave, Refrigerator
Fireplace
None
Basement
Full, Unfinished
Laundry
None
Features
Living Room, Dining Room
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,775
Assessed Value
$415,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
white
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
1 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1925
Bedrooms
5
Full Bathrooms
2
Living Area
2,109 sq ft
Total Rooms
11
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,109 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Disposal, Microwave, Refrigerator
Interior Features:
Living Room, Dining Room
Windows:
Basement:
Full, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1925
Structure Type:
Exterior Materials:
Roof:
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Paved Drive
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$398
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
Loading map...
Neighborhood
42 Albion Street, Lowell MA 01850
Lowell, MA 01850
Listing Information
Listing Agent
Dot Collection
Listing Office
Access
Office Phone
617-825-8000
Agent MLS ID
TM325586
Office MLS ID
AN4691
Listing Data Updated
Aug 13, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Lowell.