• $609,000List Price
  • 5Bedrooms
  • 2Bathrooms
  • 0.05Acreage
  • 1925Year Built
  • 2,109Square Feet

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.

More Info

Basic Information

  • Gross Income $52,800
  • Mls StatusNew
  • Parcel Number 3189421

Location

  • Address42 Albion Street
  • Building Number42
  • CountyMiddlesex
  • StateMA
  • StreetAlbion Street
  • TownLowell
  • Zip01850

Interior

  • Interior Features Living Room, Dining Room

Property Information

  • Building Area Source Public Records
  • Living Area 2,109
  • Lot Size Square Feet 2,178
  • Lot Size Units Acres
  • Square Feet2,109

Tax Information

  • Tax Assessed Value $415,900
  • Tax Year 2025
  • Taxes$4,775

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms5
  • Full Bath2

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • FoundationStone
  • Levels 3
  • Rooms11
  • Stories3
  • Units2
  • Year Built1925
  • Year Built Details Actual
  • Year Built Source Public Records

Other

  • Date Listed08/12/2026
  • Farm Land Area Units Square Feet

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces2

Basic Information

  • List Price$609,000
  • MLS Number73562555
  • Modification Date08/13/2026
  • Property SubType2 Family - 2 Units Up/Down

Property

  • Acreage0.05

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Appliances IncludedDisposal, Microwave, Refrigerator
  • Other AmenitiesBasement

Map Location

Driving Directions

Listed by Dot Collection of Access

Lowell, MA Demographics

There is no data available

Lowell, MA Real Estate Market Data

There is no data available

Lowell, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, 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 MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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