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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

Tax Information

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

Parking

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

Rooms

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

Basic Information

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

Location

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

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

Property

  • Acreage0.05

Interior

  • Interior Features Living Room, Dining Room

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

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

Amenities

  • Appliances IncludedDisposal, Microwave, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningTMF

Other

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

Map Location

Driving Directions

Listed by Dot Collection of Access

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