$ 699,900

50-52 Albion St

Lowell, MA 01850

  • 10 Beds
  • 5.5 Baths
    Full Baths: 5 Half Baths: 1
  • 3,808 SqFt
  • 4,356 Lot Size
  • 1920 Year Built
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.
Listed by Candor Realty Group of Four Points Real Estate, LLC , Sold By Benilton C. Silva of Benny's Realty Group

PROPERTY DETAIL

  • Key Details

    Sold Price Non-Disclosure

    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 Sub-Type 3 Family

  • Location

    State MA

    County Middlesex

    Zoning TMF

    Direction Please use GPS.

  • Rooms

    Basement Full, Unfinished

  • Building

    Story 5

    Foundation Block, Other

    Sewer Public Sewer

    Water Public

  • 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

    Roof Type Shingle

    Total Parking Spaces 6

    Garage No

  • Others

    Senior Community false

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