42 Albion Street, Lowell, MA 01850
Local realty services provided by:ERA Key Realty Services
42 Albion Street,Lowell, MA 01850
$609,000
- 5 Beds
- 2 Baths
- 2,109 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Aug 1511:00 am - 12:30 pm
- Sun, Aug 1612:00 pm - 01:30 pm
Listed by: dot collection, yasira fernandez
Office: access
MLS#:73562555
Source:MLSPIN
Price summary
- Price:$609,000
- Price per sq. ft.:$288.76
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....
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Home facts
- Year built:1925
- Listing ID #:73562555
- Updated:August 13, 2026 at 12:28 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:11
- Dining Description:Dining Room
- Kitchen Description:Disposal, Microwave, Refrigerator
- Basement Description:Full, Unfinished
- Living area:2,109 sq. ft.
Structure and exterior
- Year built:1925
- Building area:2,109 sq. ft.
- Lot area:0.05 Acres
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$609,000
- Price per sq. ft.:$288.76
- Tax amount:$4,775 (2025)
Features and amenities
- Appliances:Disposal, Microwave, Refrigerator
Parking
- Total parking spaces:2
- Parking description:Paved Drive
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