$605,000
$649,900
6.9%For more information regarding the value of a property, please contact us for a free consultation.
492 Fletcher St Lowell, MA 01854
6 Beds
2 Baths
2,406 SqFt
Key Details
Sold Price $605,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,406 sqft
Price per Sqft $251
MLS Listing ID 73511911
Sold Date 10/07/26
Bedrooms 6
Full Baths 2
Year Built 1880
Annual Tax Amount $5,133
Tax Year 2025
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Multi Family
Property Description
Lead Certificates in hand. Property being sold with both units occupied. Strong investment opportunity at 492 Fletcher Street in Lowell. This multi-family property features two units, each offering three bedrooms, creating excellent rental potential in a high-demand area. With separate utilities, investors benefit from simplified management and the ability to control expenses and maximize cash flow. Ideally located near University of Massachusetts Lowell, this property is well-positioned to attract consistent tenant demand, including students, faculty, and local workforce renters. Convenient access to major routes, public transportation, and downtown Lowell amenities further enhances its appeal. A solid addition to any portfolio or a great opportunity for an owner-occupant looking to offset their mortgage with rental income.
Location
State MA
County Middlesex
Zoning USF
Direction From Mammoth Road/School Street, take Pawtucket Street to Fletcher.
Rooms
Basement Full, Interior Entry, Concrete, Unfinished
Interior
Interior Features Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Living Room, Kitchen
Flooring Laminate, Hardwood
Appliance Range, Refrigerator, Range Hood
Laundry Washer & Dryer Hookup
Exterior
Community Features Public Transportation, Medical Facility, Laundromat, House of Worship, University
Roof Type Shingle,Asphalt/Composition Shingles
Garage No
Building
Lot Description Level
Story 2
Foundation Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Lps
Middle Schools Lps
High Schools Lps Or Glths
Others
Senior Community false
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