42 Albion St, Lowell MA 01850
Lowell, MA 01850
$520,000
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Sale Statistics
Sale Overview
Original List Price:
$539,900
Final Sale Price:
$520,000
Difference:
$19,900 (-3.7%)
Performance Metrics
96.3%
List to Sale Ratio
Sold below asking price
76
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$256
Sale $/sq ft:
$247
This property sold for $247 per square foot
Sale Summary
This property sold for 3.7% below the original asking price.
The property spent 76 days on market before selling.
Nearby Sales Comparison
Based on 2 similar properties sold within 0.5 miles in the last 90 days
This Property
$247/sq ft
Area Median
$227/sq ft
Difference
+8.8%
This property sold slightly above the area median for similar homes.
About this home
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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Recently Sold Nearby
Property History
Market Insights
14.6%
Price Range
77
Total Days on Market
Property Timeline
Current Active Listing - MLS #73562555
Full transaction history available when tracking began
Currently Listed
Aug 12, 2026
$609,000
MLS #73562555 - Active
Sold
Jan 10, 2025
$520,000
Property sold
Days on Market: 77
Listed for Sale
Sep 30, 2024
$525,000
Original listing
Agent: Lesly Montoya Jose
Office: Cameron Real Estate Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/12/2026 | 🏡 Currently Listed | $609,000 | - | - | MLS #73562555 - Active |
| 01/10/2025 | ✓ Sold | $520,000 | - | - | Property sold |
| 09/30/2024 | 🏠 Listed for Sale | $525,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $4,375 | $367,300 |
Financial Details
Annual Property Tax
$4,375
Tax Year 2024
Assessed Value
$367,300
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1925
Living Area
2,109 sq ft
Lot Size
0.07 acres
Bedrooms
5
Full Baths
2
Total Rooms
11
Investment Metrics
Units
2
Unit 1 Rent
$1,600/mo · N
Unit 2 Rent
$1,750/mo · N
Total Monthly Rent
$3,350/mo
Gross Income
$43,200
Net Operating Income
$37,110
Operating Expenses
$6,375
Water/Sewer Expense
$900
Electric Expense
$360
Insurance Expense
$1,830
Cap Rate
7.07%
Interior
Heating
Forced Air
Cooling
Window Unit(s)
Flooring
None
Appliances
Range, Refrigerator, Washer, Dryer, Microwave
Fireplace
None
Basement
Unfinished
Laundry
None
Features
Walk-up Attic, Heated Attic, High Speed Internet, Bathroom With Tub, Open Floorplan, Living Room, Dining Room, Kitchen, Living Rm/dining Rm Combo
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Balcony/deck
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Deck, Deck - Wood
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,375
Assessed Value
$367,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Exclusions
Washer And Dryer In The Basement Are Tenants.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
77 days
Property Overview
Property Type
Multi Family
Listing Type
Sold
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
Display Options
Outdoor Areas
Patio & porchDeck, Deck - Wood
Room Markers
KKitchen (1)
BABathroom (4)
BRBedroom (5)
DDining (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:
Range, Refrigerator, Washer, Dryer, Microwave
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
Windows:
Basement:
Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1925
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Forced Air
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony/Deck
Patio & Porch:
Deck, Deck - Wood
Fencing:
Fenced
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Lowell School District local
C-
School Safety
2024-25
3.0%
Above Average
2.8%
Suspensions
0.8%
In-School
0.2%
Emergency
2.5% below state avg
Elementary Schools
10 schools
St. Michael Elementary School
0.1 mi
Grades PK-08
Lowell Youth Treatment Center
0.3 mi
Grades 01-12
St. Louis Elementary School
0.4 mi
Grades PK-08
Immaculate Conception School
0.6 mi
Grades PK-08
Hellenic American Academy
0.8 mi
Grades PK-08
St. Patrick School and Educational Center
0.8 mi
Grades PK-08
B
Lowell Community Charter Public School
0.8 mi
|
#158 of 352
|
Score: 43.9
Improved 29 spots from last year
-14.3 below state avg
816 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
B
Rogers STEM Academy
1.1 mi
|
#8 of 16
|
Score: 33.9
Improved 265 spots from last year
-24.3 below state avg
892 students
Diverse
Rising School
Diverse Student Body
Grades K-08
C
Bartlett Community Partnership School
1.3 mi
|
#266 of 352
|
Score: 34.8
Improved 20 spots from last year
-23.4 below state avg
408 students
Very Diverse
Rising School
Diverse Student Body
Grades PK-08
St. Jeanne D'Arc Elementary School
1.3 mi
Grades PK-08
Middle Schools
7 schools
C-
Henry J Robinson Middle School
0.5 mi
|
#288 of 352
|
Score: 32.5
Improved 31 spots from last year
-25.7 below state avg
600 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
B-
Kathryn P. Stoklosa Middle School
1.2 mi
|
#198 of 352
|
Score: 40.6
Improved 18 spots from last year
-17.6 below state avg
613 students
Diverse
Diverse Student Body
Grades 05-08
C
James Sullivan Middle School
1.5 mi
|
#267 of 352
|
Score: 34.8
Improved 38 spots from last year
-23.5 below state avg
625 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
C-
Benjamin F. Butler Middle School
1.9 mi
|
#303 of 352
|
Score: 31.0
Dropped 47 spots from last year
-27.2 below state avg
516 students
Very Diverse
Diverse Student Body
Grades 05-08
Laura Lee Therapeutic Day School
2.0 mi
15 students
Diverse
Diverse Student Body
Grades 01-08
C
Dr. An Wang School
2.3 mi
|
#255 of 352
|
Score: 35.9
Improved 38 spots from last year
-22.3 below state avg
663 students
Very Diverse
Rising School
Diverse Student Body
Grades 05-08
B+
James S Daley Middle School
2.5 mi
|
#120 of 352
|
Score: 47.3
Improved 55 spots from last year
-10.9 below state avg
669 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
High Schools
4 schools
F
Lowell Middlesex Academy Charter School
0.5 mi
|
#339 of 346
|
Score: 21.1
Improved 7 spots from last year
-37.1 below state avg
126 students
Diverse
College Ready Curriculum
Diverse Student Body
Grades 09-12
Old Colony Y Lowell Revocation Program
0.7 mi
Grades 09-12
F
The Career Academy
1.5 mi
|
#25 of 25
|
Score: 14.1
Improved 363 spots from last year
-44.1 below state avg
83 students
Diverse
Rising School
Diverse Student Body
Grades 09-12
D
Leblanc Therapeutic Day School
1.6 mi
|
#376 of 346
|
Score: 32.8
Same rank as last year
36 students
Diverse
Diverse Student Body
Grades 09-12
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Location
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Neighborhood
42 Albion St, Lowell MA 01850
Lowell, MA 01850
Listing Information
Listing Office
Cameron Real Estate Group
Office Phone
781-486-3180
Agent MLS ID
CN213471
Office MLS ID
AC0756
Listing Data Updated
Jan 11, 2025 9:00 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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