• $649,900List Price
  • 6Bedrooms
  • 2Bathrooms
  • 0.05Acreage
  • 1880Year Built
  • 2,406Square Feet

Lead Certificates in hand. Property being sold with both units occupied. Strong investment opportunity at 492 Fletcher Street in Lowell. This multi-family property features two units, each offering three bedrooms, creating excellent rental potential in a high-demand area. With separate utilities, investors benefit from simplified management and the ability to control expenses and maximize cash flow. Ideally located near University of Massachusetts Lowell, this property is well-positioned to attract consistent tenant demand, including students, faculty, and local workforce renters. Convenient access to major routes, public transportation, and downtown Lowell amenities further enhances its appeal. A solid addition to any portfolio or a great opportunity for an owner-occupant looking to offset their mortgage with rental income.

More Info

Basic Information

  • Gross Income $52,800
  • Lot Features Level
  • Mls StatusActive
  • Parcel Number M:117 B:2340 L:492,3182443

Basic Information

  • List Price$649,900
  • MLS Number73511911
  • Modification Date05/28/2026
  • Property SubTypeMulti Family

Property

  • Acreage0.05

Interior

  • Flooring Laminate, Hardwood
  • Interior Features Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Living Room, Kitchen

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Medical Facility, Laundromat, House of Worship, University
  • Appliances IncludedRange, Refrigerator, Range Hood
  • Other AmenitiesBasement

Tax Information

  • Tax Assessed Value $447,100
  • Tax Year 2025
  • Taxes$5,133

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces

Location

  • Address492 Fletcher Street
  • Building Number492
  • CountyMiddlesex
  • StateMA
  • StreetFletcher Street
  • TownLowell
  • Zip01854

Exterior

  • RoofShingle, Asphalt/Composition Shingles

Property Information

  • Building Area Source Public Records
  • Living Area 2,406
  • Lot Size Square Feet 2,178
  • Lot Size Units Acres
  • Square Feet2,406

School Information

  • Elementary SchoolLps
  • High School Lps Or Glths
  • Junior HighLps

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms6
  • Full Bath2

Building

  • BasementFull, Interior Entry, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 2
  • Rooms10
  • Stories2
  • Units2
  • Year Built1880
  • Year Built Details Actual
  • Year Built Source Public Records

Other

  • Date Listed05/04/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Raymond Boutin of RE/MAX Innovative Properties

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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