492 Fletcher St Lowell, MA 01854

Building Details

Year Built

1880

Listing Agency RE/MAX Innovative Properties j***@innovativesells.com Show Phone

Listed by Raymond Boutin Show Phone

Source Aucoinryanrealty

Added: May 19 Checked: Jul 16 at 12:39 pm

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Investment Insights

Based on property information with market context.

Located at 492 Fletcher Street in Lowell, this multi-family property presents a strong investment opportunity. The property features two units, each containing three bedrooms, offering significant rental potential in a high-demand area. The location near the University of Massachusetts Lowell positions the property to attract consistent tenant demand from students, faculty, and local workforce renters. Separate utilities simplify management, allowing investors to control expenses and maximize cash flow. Convenient access to major routes, public transportation, and downtown Lowell amenities further enhances its appeal. The property is being sold with both units occupied and includes lead certificates. This property represents a solid addition to any portfolio or a great opportunity for an owner-occupant looking to offset their mortgage with rental income.

Key Highlights

• Strong investment opportunity with two occupied units, providing immediate rental income.
• Each unit features three bedrooms, maximizing rental potential.
• Separate utilities simplify management and allow for expense control.

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FAQs

What type of property is this?

Duplex - Multifamily property with two 3-bedroom units near UMass Lowell.

Where is this duplex located?

The property is located at 492 Fletcher St Lowell, MA.

What is the asking price?

The asking price for this property is $649,900.

What are key features of this property?

This property features: Strong investment opportunity with two occupied units, providing immediate rental income.; Each unit features three bedrooms, maximizing rental potential.; Separate utilities simplify management and allow for expense control.