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.

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Basic Information

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

Tax Information

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

School Information

Elementary SchoolLps
High School Lps Or Glths
Junior HighLps

Parking

Open Parking YN Yes
Parking Features On Street
Parking Spaces

Rooms

Bathroom2
Bathrooms Total Decimal 2
Bedrooms6
Full Bath2

Basic Information

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

Location

Address492 Fletcher Street
Building Number492
CountyMiddlesex
StateMA
StreetFletcher Street
TownLowell
Zip01854

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

Property

Acreage0.05

Interior

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

Exterior

RoofShingle, Asphalt/Composition Shingles

Utilities

Sewer Public Sewer
Water Source Public

Property Information

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

Amenities

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

Legal

ZoningUSF

Other

Date Listed05/04/2026
Farm Land Area Units Square Feet

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Newton, MA

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Basic Information

Tax Information

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Parking

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Newton, MA