Active
42 Albion Street
Lowell, MA 01850
Residential Income · Active · MLS #73562555
Listing Courtesy of Access | Dot Collection
MLS PIN data
About this home
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 $4,670 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.
Property information
Details at a glance
Interior
- Rooms
- 11
Building
- Style
- 2 Family - 2 Units Up/Down
- Year built
- 1925
- Parking
- 2
- Foundation
- Stone
Land & utilities
- Lot size
- 0.05 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- TMF
Financial
- Annual taxes
- $4,775
- Assessment year
- 2025
Listing history
Price and status timeline
No additional public listing history was supplied for this property.
Property value estimate
An informed starting point
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Comparable sales
Recent properties for context
Recent comparable sales are not available for this property.
Photo insights
Condition signals
Generated from listing photography; not a substitute for an inspection.
Local market context
How this home compares in Lowell
Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.
Keep exploring
Similar homes nearby
Same city and within 25% of the asking price, matched by property type and bedroom count when available and ranked by size and price.
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About 42 Albion Street
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