Luxury Real Estate Group Boston > Lowell > 42 Albion Street

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

42 Albion Street

Lowell, MA

Property Description

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.

offered at

$609,000

  • Status: New
  • Listing ID: 73562555
  • Bedrooms: 5
  • Full Baths: 2
  • Living Area: 2,109 sqft Convert
  • Lot Size: 2,178 sqft Convert
  • Acres: 0.05

Additional Details

Type: Multi-Family, Duplex

Zip Code: 01850

Levels: 3

Parking

Garage Capacity: 2

Parking: Paved

Parking Spaces: 2

Rooms and Dimensions

Total Units: 2

Total Floors: 3

Total Rooms: 11

Has Basement: Yes

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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