For more information regarding the value of a property, please contact us for a free consultation.
50-52 Albion St Lowell, MA 01850
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,808 sqft
Price per Sqft $199
MLS Listing ID 73166228
Sold Date 12/11/23
Bedrooms 10
Full Baths 5
Half Baths 1
Year Built 1920
Annual Tax Amount $6,119
Tax Year 2023
Lot Size 4,356 Sqft
Acres 0.1
Property Description
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.
Location
State MA
County Middlesex
Zoning TMF
Direction Please use GPS.
Rooms
Basement Full, Unfinished
Interior
Interior Features Lead Certification Available, Storage, Other (See Remarks), Unit 1(Lead Certification Available, Stone/Granite/Solid Counters, Bathroom With Tub & Shower), Unit 2(Lead Certification Available, Bathroom With Tub & Shower), Unit 3(Lead Certification Available, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Cooling Unit 1(None)
Flooring Vinyl, Varies Per Unit
Laundry Unit 1(Washer Hookup, Dryer Hookup)
Exterior
Exterior Feature Porch, Patio
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
Waterfront false
Roof Type Shingle
Parking Type Paved Drive, Off Street
Total Parking Spaces 6
Garage No
Building
Story 5
Foundation Block, Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less
Bought with Benilton C. Silva • Benny's Realty Group
GET MORE INFORMATION