$579,000
42 Albion Street
Lowell, MA, 01850
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 Details
Price:
$579,000
MLS #:
73562555
Status:
Pending
Beds:
5
Baths:
2
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Aug 12, 2026
Finished Sq Ft:
2,109
Total Sq Ft:
2,109
Lot Size:
2,178 sqft / 0.05 acres (approx)
Year Built:
1925
Units:
2
Schools
Interior
Above Grade Finished Area
2109
Appliances
Disposal, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms
Interior Features
Living Room, Dining Room
Levels
3
Exterior
Open Parking Spaces
2
Open Parking YN
1
Parking Features
Paved Drive
Parking Spots
2
Parking Total
2
Stories
3
Financial
Tax Year
2025
Taxes
$4,775
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Current real estate data for Multi Family in Lowell as of Sep 21, 2026
80
Multi Family Listed
102
Avg DOM
248
Avg $ / SqFt
$907,845
Avg List Price
Community
- Address42 Albion Street Lowell MA
- CityLowell
- CountyMiddlesex
- Zip Code01850
Subdivisions in Lowell
Similar Listings Nearby
Property Summary
- 42 Albion Street Lowell MA is a Multi Family for sale in Lowell, MA, 01850. It is listed for $579,000 To schedule a showing of MLS#73562555 at 42 Albion Street in Lowell, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Access. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
42 Albion Street
Lowell, MA