426 Fletcher St
Lowell, MA 01854
- 14 beds
- 6 baths
- 3,368 sqft
- 6,534 sqft lot
- $252 per sqft
- 1870 build
- – on site
Great Investment Opportunity with option for IRS 1031 Tax Deferred Exchange for Qualified Investor. Across from South Common in a prime location.14-unit rooming house with 2 units w/ private baths, 12 tenants sharing 3 &1/2 bathroom facilities. All utilities are included in the rent. The building is well-maintained and conveniently located near public transportation, shopping, and easy highway access. Cap Rate: 11.51%. Sprinkler system installed 1994, two new hot water tanks installed 2/5/25, two holding tanks installed in 2022 and new vinyl sided in 2022. 4 off-street parking and plenty of on-street parking. Good Condition, Well maintained & Low turnover, Property managed by same Company for 45 years. Unique Opportunity. Showings start with Open House on Tuesday, February 25th from 11AM-1PM.
Last checked:
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Last updated Feb 20, 2025
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MLS# 73334641 —
The Building
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Year Built:1870
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Year Built Details:Approximate
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Year Built Source:Public Records
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Foundation Details:Concrete Perimeter
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Levels:4
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Stories Total:4
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Stories:4
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# of Units Total:14
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Building Area Total:3368
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Rooms Total:15
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Interior Features:Laundry Room
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Fireplace:false
Room Dimensions
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Living Area:3368
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Living Area Source:Public Record
Location
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Directions:Andover St. to Canal St. to Jackson St. to Fletcher St.
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Latitude:42.646049
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Longitude:-71.32264
The Property
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Parcel Number:M:118 B:2340 L:426,3182635
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Property Type:Residential Income
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Property Subtype:5+ Family - Rooming House
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Lot Features:Corner Lot
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Lot Size Units:Acres
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Lot Size Area:0.15
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Lot Size SqFt:6534
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Lot Size Acres:0.15
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Zoning:TMF
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Waterfront:false
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Farm Land Area Units:Square Feet
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Road Surface Type:Paved
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Road Frontage Type:Public
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Office phone:
- (978) 251-8221
Taxes
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Tax Year:2024
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Tax Lot:426
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Tax Block:2340
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Tax Map Number:118
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Tax Book Number:32893
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Tax Annual Amount:4987
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Tax Assessed Value:418700
Beds
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Bedrooms Total:14
Baths
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Total Baths:5.5
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Total Baths:6
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Full Baths:5
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Half Baths:1
The Listing
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Home Warranty:false
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Washer
Schools
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Elementary School:Charlotte M.
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Middle Or Junior School:Kathryn P. Stok
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High School:Lowell High
The Community
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Senior Community:false
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Community Features:Public Transportation
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Spa:false
Parking
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Garage:false
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Parking Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/19/25
Feb 19, 2025
|
Listed / Active | MLSPIN | $850,000 |