L
Seller's Agent in 2025
Lesly Montoya Jose
Cameron Real Estate Group
42 Albion St Lowell, MA 01850
Centralville NeighborhoodEstimated Value: $498,252 - $565,000
5
Beds
2
Baths
2,109
Sq Ft
$253/Sq Ft
Est. Value
Highlights
- Medical Services
- Deck
- Attic
- Open Floorplan
- Property is near public transit and schools
- 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.
Last Agent to Sell the Property
Lesly Montoya Jose
Cameron Real Estate Group Listed on: 09/30/2024
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 and 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2024
Closed on
Jan 9, 2025
Sold by
Bought by
Seller's Agent
Lesly Montoya Jose
Cameron Real Estate Group
Buyer's Agent
Alex Walsh
Access
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Views
116
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,063
Avg. Annual Appreciation
1.87%
Original Mortgage
$494,000
Outstanding Balance
$487,438
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$46,625
Purchase Details
Closed on
Jun 16, 2022
Sold by
Bought by
Purchase Details
Closed on
May 25, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Interest Rate
3.1%
Mortgage Type
FHA
Purchase Details
Listed on
Jun 1, 2019
Closed on
Aug 2, 2019
Sold by
Bought by
Seller's Agent
Jo Ann Patenaude
Carvalho & Son's Realty
Buyer's Agent
Katherine Lopez-Arias
Edward Perez
List Price
$320,000
Sold Price
$275,000
Premium/Discount to List
-$45,000
-14.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$270,019
Interest Rate
5.12%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 9, 2004
Sold by
Bought by
Purchase Details
Closed on
Jun 28, 2002
Sold by
Bought by
Purchase Details
Closed on
Mar 29, 2002
Sold by
Bought by
Purchase Details
Closed on
Mar 29, 1999
Sold by
Bought by
Purchase Details
Closed on
Feb 5, 1998
Sold by
Bought by
Purchase Details
Closed on
Jun 9, 1997
Sold by
Bought by
Purchase Details
Closed on
May 26, 1995
Sold by
Bought by
Purchase Details
Closed on
Nov 23, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $520,000 | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $375,000 | None Available | ||
| $275,000 | -- | ||
| $277,500 | -- | ||
| $277,500 | -- | ||
| $277,500 | -- | ||
| $277,500 | -- | ||
| $175,000 | -- | ||
| $175,000 | -- | ||
| $112,000 | -- | ||
| $112,000 | -- | ||
| $99,000 | -- | ||
| $99,000 | -- | ||
| $60,000 | -- | ||
| $60,000 | -- | ||
| $39,000 | -- | ||
| $39,000 | -- | ||
| $51,000 | -- | ||
| $51,000 | -- | ||
| $32,000 | -- | ||
| $32,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $494,000 | ||
| Closed | $494,000 | ||
| Previous Owner | $368,207 | ||
| Previous Owner | $270,019 | ||
| Previous Owner | $26,945 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
-
Alex Walsh
Buyer's Agent in 2025
Alex Walsh
Access
(781) 556-1703
1 in this area
521 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
27 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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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