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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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492 Fletcher St , Lowell, MA 01854
$649,900
Est. Payment: $1,444.22/mo
6 Bed
2 Bath
2406 Sqft
Status: Under Agreement | Days on site: 129
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AN5830 - D0001895
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House 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.

Highlights

Listed by Raymond Boutin , 978-502-8352 RE/MAX Innovative Properties , 978-452-4432.

Property Type

Multi-Family

Lot/Acreage
0.05

Year Built

1880

County

Middlesex

Listing ID

73511911

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Range, Refrigerator, Range Hood
Floor:Laminate,Hardwood
Other:
  • Additional:Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Living Room, Kitchen
Water:Public

Exterior Features

Lot:Level
Garage Capacity:0
Zoning:USF
Roof:Shingle,Asphalt/Composition Shingles
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,444
Taxes
$428

Home Price

$649,900

Loan Details

30 yrs
%

Down Payment

20%
$129,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,444.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,444.22 $427.75 $0.00 $1,871.97
Yearly $17,330.67 $5,133.00 $0.00 $22,463.67
Total $519,920.00 $153,990.00 $0.00 $673,910.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lowell, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.