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42 Albion St

Lowell, MA 01850

Name: Open House: 12pm-2pm
Start: 2024-11-02T12:00:00
End: 2024-11-02T14:00:00
Location: 42 Albion St

5 beds
2 baths
2,109 sqft
3,250 sqft lot
$248 per sqft
1925 build
– on site

Fantastic investment opportunity in Lowell! This multi-family property offers two spacious 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.

Listing courtesy of MLSPIN / Lesly Perez / Cameron Real Estate Group

Last checked: Checking… • Last updated Oct 31, 2024 •

MLS# 73296426 —

The Building

Year Built:

1925
Year Built Details:

Actual
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Basement:

Unfinished
Foundation Details:

Stone
Exterior Features:

Balcony/Deck
Patio And Porch Features:

Deck
Stories Total:

3
# of Units Total:

2
Building Area Total:

2109
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

11
Interior Features:

Walk-Up Attic
Fireplace:

false

Room Dimensions

Living Area:

2109

Location

Directions:

Use GPS from your location
Latitude:

42.652046
Longitude:

-71.305215

The Property

Parcel Number:

3189421
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Features:

Level
Lot Size Units:

Acres
Lot Size Area:

0.07
Lot Size SqFt:

3250
Lot Size Acres:

0.07
Zoning:

TMF
Fencing:

Fenced
Exclusions:

Washer And Dryer In The Basement Are Tenants.
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

35794
Tax Annual Amount:

4375
Tax Assessed Value:

367300

Beds

Bedrooms Total:

5

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

Window Unit(s)
Cooling:

true

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

2
Parking Features:

Paved Drive
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/23/24 Oct 23, 2024	Price Changed	MLSPIN	$525,000	-2.8%
9/30/24 Sep 30, 2024	Listed / Active	MLSPIN	$539,900	799.8% (30.0% / YR)
2/4/98 Feb 4, 1998		MLSPIN	$60,000

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This multifamily located in Centralville, Lowell, MA 01850 is currently for sale for $525,000. 42 Albion St is a 2,109 square foot multifamily with 5 beds and 2 baths that has been on Estately for 37 days. 42 Albion St is in the Centralville neighborhood of Lowell and has a WalkScore® of 85, making it very walkable. This multifamily is in the attendance area of Moody Elementary School, John J. Shaughnessy Elementary School, Bartlett Community Partnership, Abraham Lincoln Elementary School, Butler Middle School, Peter W. Reilly Elementary School, S. Christa Mcauliffe Elementary School, James F. Sullivan Middle School, Washington Elementary School, and Henry J. Robinson Middle School.

Listing Courtesy of: MLSPIN and Cameron Real Estate Group.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.