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42 Albion Street

Lowell MA 01850

5
2
2
2109 sq. ft.
2178 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

5 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
2109 sq. ft. floor area
2178 sq. ft. lot size
Other

Property history for 42 Albion Street

2025
Sold
$520,000
10 Jan 2025 by Lesly Perez, of Cameron Real Estate Group
2019
Sold
$275,000
23 Sep 2019 by Jo Ann Patenaude, of Santos Real Estate Services, Inc.
2004
Sold
$277,500
10 Nov 2004 by Amsi Morales Lopez, of REMAX Prestige | Houston

Happy sellers in Lowell

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We have insufficient information to provide an overview of customer satisfaction for Lowell. Viewing the agent profiles, reviews and sales for Lowell can provide insights for this location.

Local market activity for 5 bedroom other properties in Lowell

In the last 12 months, 2 five-bedroom other properties similar to 42 Albion Street, have been sold.

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