Seller's Agent in 2025
Lesly Montoya Jose
Cameron Real Estate Group
(978) 460-2999
1 in this area
13 Total Sales
42 Albion St Lowell, MA 01850
Centralville Neighborhood
5
Beds
2
Baths
2,109
Sq Ft
3,250
Sq Ft Lot
Highlights
- Medical Services
- Deck
- Attic
- Open Floorplan
- Property is near public transit
- Jogging Path
About This Home
As of January 2025Fantastic 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,375
Year Built
- Built in 1925
Lot Details
- 3,250 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,109 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Combination Dining and Living Room
- Attic
- Unfinished Basement
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
- Bathtub
Laundry
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit
- Property is near schools
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- High Speed Internet
Listing and Financial Details
- Total Actual Rent $3,350
- Assessor Parcel Number 3189421
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Electric Expense $360
- Insurance Expense $1,830
- Water Sewer Expense $900
- Operating Expense $6,375
- Net Operating Income $37,110
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 16, 2022
Sold by
Polanco Yael A
Bought by
Polanco Yael A and Adames Rosvelyn C
Current Estimated Value
Purchase Details
Closed on
Nov 9, 2004
Sold by
Christancho Fernando P
Bought by
Bearden Charles C and Silvagnoli Juan
Purchase Details
Closed on
Jun 28, 2002
Sold by
Silva Joseph H
Bought by
Christancho Fernando P
Purchase Details
Closed on
Mar 29, 2002
Sold by
Rosario Antonio and National City Mtg Co
Bought by
Silva Joseph H
Purchase Details
Closed on
Mar 29, 1999
Sold by
Sousa Helio F and Sousa Laura I
Bought by
Rosario Antonio
Purchase Details
Closed on
Feb 5, 1998
Sold by
Cheung Jonathan
Bought by
Sousa Helio F and Sousa Laura I
Purchase Details
Closed on
Jun 9, 1997
Sold by
Lund Luis O and Fleet Nb
Bought by
Cheung Jonathan
Purchase Details
Closed on
May 26, 1995
Sold by
Doherty Lawrence
Bought by
Luna Luis
Purchase Details
Closed on
Nov 23, 1994
Sold by
Paul Anita Est and Brodeur
Bought by
Doherty Lawrence J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $277,500 | -- | |
| Deed | $277,500 | -- | |
| Deed | $277,500 | -- | |
| Deed | $175,000 | -- | |
| Deed | $175,000 | -- | |
| Foreclosure Deed | $112,000 | -- | |
| Foreclosure Deed | $112,000 | -- | |
| Deed | $99,000 | -- | |
| Deed | $99,000 | -- | |
| Deed | $60,000 | -- | |
| Deed | $60,000 | -- | |
| Foreclosure Deed | $39,000 | -- | |
| Foreclosure Deed | $39,000 | -- | |
| Deed | $51,000 | -- | |
| Deed | $51,000 | -- | |
| Deed | $32,000 | -- | |
| Deed | $32,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $26,945 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/10/2025 01/10/25 | Sold | $520,000 | -1.0% | $247 / Sq Ft | |
| 12/03/2024 12/03/24 | Pending | -- | -- | -- | |
| 12/03/2024 12/03/24 | For Sale | $525,000 | 0.0% | $249 / Sq Ft | |
| 11/16/2024 11/16/24 | Pending | -- | -- | -- | |
| 10/23/2024 10/23/24 | Price Changed | $525,000 | -2.8% | $249 / Sq Ft | |
| 09/30/2024 09/30/24 | For Sale | $539,900 | +96.3% | $256 / Sq Ft | |
| 09/23/2019 09/23/19 | Sold | $275,000 | -6.8% | $130 / Sq Ft | View Prior Sale |
| 07/02/2019 07/02/19 | Pending | -- | -- | -- | |
| 06/23/2019 06/23/19 | Price Changed | $295,000 | -7.8% | $140 / Sq Ft | |
| 06/01/2019 06/01/19 | For Sale | $320,000 | -- | $152 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,775 | $415,900 | $96,500 | $319,400 |
| 2024 | $4,375 | $367,300 | $84,900 | $282,400 |
| 2023 | $4,070 | $327,700 | $73,800 | $253,900 |
| 2022 | $3,712 | $292,500 | $62,800 | $229,700 |
| 2021 | $3,443 | $255,800 | $54,600 | $201,200 |
| 2020 | $3,327 | $249,000 | $63,500 | $185,500 |
| 2019 | $3,142 | $223,800 | $56,100 | $167,700 |
| 2018 | $3,540 | $203,600 | $53,400 | $150,200 |
| 2017 | $2,769 | $185,600 | $48,500 | $137,100 |
| 2016 | $2,695 | $177,800 | $39,500 | $138,300 |
| 2015 | $2,455 | $158,600 | $37,800 | $120,800 |
| 2013 | $2,238 | $149,100 | $46,200 | $102,900 |
Source: Public Records
Agents Affiliated with this Home
-
Lesly Montoya Jose
-
Alex Walsh
Buyer's Agent in 2025
Alex Walsh
Access
(781) 556-1703
1 in this area
517 Total Sales
-
Jo Ann Patenaude
J
Seller's Agent in 2019
Jo Ann Patenaude
Carvalho & Son's Realty
(978) 866-4487
2 in this area
20 Total Sales
-
Arthur Santos
Seller Co-Listing Agent in 2019
Arthur Santos
Santos Real Estate Services, Inc.
(978) 337-1391
33 Total Sales
-
K
Buyer's Agent in 2019
Katherine Lopez-Arias
Edward Perez
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73296426
APN: LOWE-000175-000085-000042
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