Fantastic investment opportunity in Lowell! This multi-family property offers two units, perfect for owner occupancy or adding to an investor's portfolio. Unit 1: 2 bedrooms, 1 bath Unit 2: 3 bedrooms, 1 bath. Each unit features separate utilities and offers off-street parking for convenience. Located just 4 minutesfrom the T and a short walk to the bus stop, commuting is a breeze. Enjoy being 1 mile from downtown Lowell, a 10-minute walk to Kerouac Park and George McDermott Reservoir. With tenants currently at will and paying below market rents, there is significant potential for increased cash flow. Lowell’s low vacancy rate of only 3.75% makes this a great investment opportunity! Don't miss out on this excellent multi-family property in a prime location. Some TLC needed reflective of the listing price.
Sold for $520,000
$520,000
42 Albion St, Lowell, MA 01850
5beds
2,109sqft
Multi Family
Built in 1925
-- sqft lot
$520,500 Zestimate®
$247/sqft
$2,568 Estimated rent
Home value
$520,500
$479,000 - $567,000
$2,568/mo
Zestimate® history
Owner options
List your home for rent
$2,568/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,568/mo
Rent Zestimate®
Refinance and save
$3,174/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,174/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Off-street parking
Zillow last checked:
Listing updated:
Listed by:
Lesly Montoya Jose 978-460-2999,
Cameron Real Estate Group 781-486-3180,
Lesly Montoya Jose 978-460-2999
Bought with:
Dot Collection
Access
Source: MLS PIN,MLS#: 73296426
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator, Washer, Dryer, Microwave
Features
- Walk-Up Attic, Heated Attic, High Speed Internet, Bathroom With Tub, Open Floorplan, Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,109
- Total interior livable area: 2,109 sqft
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 2
Features
- Patio & porch: Deck, Deck - Wood
- Exterior features: Balcony/Deck
- Fencing: Fenced
Lot
- Size: 3,250 sqft
- Features: Level
Details
- Parcel number: 3189421
- Zoning: TMF
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
Location
- Region: Lowell
HOA & financial
Other financial information
- Total actual rent: 3350
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2025 | Sold | $520,000-1%$247/sqft |
Source: MLS PIN #73296426 Report a problem | ||
| 12/4/2024 | Contingent | $525,000$249/sqft |
Source: MLS PIN #73296426 Report a problem | ||
| 12/3/2024 | Listed for sale | $525,000$249/sqft |
Source: MLS PIN #73296426 Report a problem | ||
| 11/18/2024 | Contingent | $525,000$249/sqft |
Source: MLS PIN #73296426 Report a problem | ||
| 10/23/2024 | Price change | $525,000-2.8%$249/sqft |
Source: MLS PIN #73296426 Report a problem | ||
| 9/30/2024 | Listed for sale | $539,900+44%$256/sqft |
Source: MLS PIN #73296426 Report a problem | ||
| 5/25/2021 | Sold | $375,000+36.4%$178/sqft |
Source: Public Record Report a problem | ||
| 9/23/2019 | Sold | $275,000-0.9%$130/sqft |
Source: Public Record Report a problem | ||
| 11/9/2004 | Sold | $277,500+58.6%$132/sqft |
Source: Public Record Report a problem | ||
| 6/28/2002 | Sold | $175,000+56.3%$83/sqft |
Source: Public Record Report a problem | ||
| 3/29/2002 | Sold | $112,000+13.1%$53/sqft |
Source: Public Record Report a problem | ||
| 3/29/1999 | Sold | $99,000+65%$47/sqft |
Source: Public Record Report a problem | ||
| 2/5/1998 | Sold | $60,000+53.8%$28/sqft |
Source: Public Record Report a problem | ||
| 6/9/1997 | Sold | $39,000-23.5%$18/sqft |
Source: Public Record Report a problem | ||
| 5/26/1995 | Sold | $51,000+59.4%$24/sqft |
Source: Public Record Report a problem | ||
| 11/23/1994 | Sold | $32,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,775 +9.1% | $415,900 +13.2% |
| 2024 | $4,375 +7.5% | $367,300 +12.1% |
| 2023 | $4,070 +18.2% | $327,700 +28.1% |
| 2022 | $3,443 | $255,800 |
| 2021 | $3,443 +3.5% | $255,800 +2.7% |
| 2020 | $3,327 +5.9% | $249,000 +11.3% |
| 2019 | $3,142 +7.2% | $223,800 +9.9% |
| 2018 | $2,930 +5.8% | $203,600 +9.7% |
| 2017 | $2,769 +2.7% | $185,600 +4.4% |
| 2016 | $2,695 | $177,800 |
Find assessor info on the county website
Neighborhood: Centralville
Nearby schools
GreatSchools rating
- 4/10Greenhalge Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 4/10Henry J Robinson Middle SchoolGrades: 5-8Distance: 0.5 mi
- 4/10Lowell High SchoolGrades: 9-12Distance: 0.5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$520,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$520,500
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Lowell Topics
