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About This Home
This 6-bedroom, 2-bathroom residential multi family at 492 Fletcher St in Lowell, MA is listed for $649,900 ($270 per sqft). Built in 1880, the home offers 2,406 sqft of living space on a 0.05 acres lot.
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.
Key Features
- Built in 1880
- 0.05 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$3,476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
492 Fletcher St
Lowell, MA 01854
Questions & Answers
This 6-bedroom, 2-bathroom residential multi family at 492 Fletcher St is listed at $649,900 ($270/sqft). The estimated monthly payment is $2,816 based on 20% down at 6.5% interest.
Key features include: Built in 1880, 0.05 acre lot, 2 stories.
This property is listed by Joshua Naughton and can be reached at (603) 434-4101 or jnaughton@innovativesells.com.
