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Melanie Gundersheim

melanie@gundersheimgroup.com +1(617) 997-8272

$ 649,900

Est. payment | -/mo

6 Beds

2 Baths

2,406 SqFt

Save

$ 649,900

Est. payment | -/mo

Save

6 Beds

2 Baths

2,406 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,406 sqft

Price per Sqft $270

MLS Listing ID 73511911

Bedrooms 6

Full Baths 2

Year Built 1880

Annual Tax Amount $5,133

Tax Year 2025

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Multi Family

Property 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.

Location

State MA

County Middlesex

Zoning USF

Direction From Mammoth Road/School Street, take Pawtucket Street to Fletcher.

Rooms

Basement Full, Interior Entry, Concrete, Unfinished

Interior

Interior Features Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Living Room, Kitchen

Flooring Laminate, Hardwood

Appliance Range, Refrigerator, Range Hood

Laundry Washer & Dryer Hookup

Exterior

Community Features Public Transportation, Medical Facility, Laundromat, House of Worship, University

Roof Type Shingle,Asphalt/Composition Shingles

Garage No

Building

Lot Description Level

Story 2

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Lps

Middle Schools Lps

High Schools Lps Or Glths

Others

Senior Community false

Listed by RE/MAX Innovative Properties

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(617) 997-8272

melanie@gundersheimgroup.com

10 Lincoln St, Newton, MA, 02461, United States

492 Fletcher St Lowell, MA 01854