Sold for $760,000

$760,000

50-52 Albion St, Lowell, MA 01850

10beds

3,808sqft

3 Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$200/sqft

$2,894 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,894/mo

Zestimate^® history

Owner options

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$2,894/mo

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$2,894/mo

Rent Zestimate^®

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$4,682/mo

Est. payment

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$4,682/mo

Est. payment

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What's special

Incredible investment opportunity for an FHA owner occupant or a passive investor seeking to add to an existing portfolio! This 3 family property is conveniently located in the Centralville neighborhood near all of Lowell's best amenities including UMASS. It has off-street parking for 3 to 6 vehicles in dedicated driveway. Unit A is currently vacant and offers 3 bedrooms and 2 full baths. Unit B also has 3 beds and 2 full baths while the first floor unit has 4 beds and 1.5 baths. This building has had many tasteful updates inside and out and is fully lead paint compliant! See attachments for rent roll, income & expenses. Currently contracted with Simplified Management, Inc. which could be assumed by the buyer for a smooth transition into passive ownership. Buyer/buyer's agent to do own due diligence. Agency has a vested interest in this property. Open House Sat 10/7 & Sun 10/8 from 11am-12pm. No showings until open houses.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1

Cooling

None

Appliances

Included: Range, Refrigerator
Laundry: Washer Hookup, Dryer Hookup

Features

Lead Certification Available, Storage, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Kitchen
Flooring: Vinyl, Varies
Basement: Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 3,808
Total interior livable area: 3,808 sqft

Property

Parking

Total spaces: 6
Parking features: Paved Drive, Off Street
Uncovered spaces: 6

Features

Patio & porch: Porch, Patio

Lot

Size: 4,253 sqft

Details

Parcel number: M:175 B:85 L:50
Zoning: TMF

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Foundation: Block, Other
Roof: Shingle

Condition

Year built: 1920

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Location

Region: Lowell

HOA & financial

Other financial information

Total actual rent: 6800

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
12/11/2023	Sold	$760,000+8.6%$200/sqft
Source: MLS PIN #73166228 Report a problem
10/12/2023	Contingent	$699,900$184/sqft
Source: MLS PIN #73166228 Report a problem
10/3/2023	Listed for sale	$699,900$184/sqft
Source: MLS PIN #73166228 Report a problem