Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

426 Fletcher St

Lowell, MA ID #73334641

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426 Fletcher St

- Lowell, MA ID #73334641

Property Description

Great Investment Opportunity with option for IRS 1031 Tax Deferred Exchange for Qualified Investor. Across from South Common in a prime location.14-unit rooming house with 2 units w/ private baths, 12 tenants sharing 3 &1/2 bathroom facilities. All utilities are included in the rent. The building is well-maintained and conveniently located near public transportation, shopping, and easy highway access. Cap Rate: 11.51%. Sprinkler system installed 1994, two new hot water tanks installed 2/5/25, two holding tanks installed in 2022 and new vinyl sided in 2022. 4 off-street parking and plenty of on-street parking. Good Condition, Well maintained & Low turnover, Property managed by same Company for 45 years. Unique Opportunity. Showings start with Open House on Tuesday, February 25th from 11AM-1PM.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - Rooming House
  • Zip Code: 01854
  • Taxes: 4,987
  • Levels: 4
  • Acres: 0.15

Parking

  • Parking Spaces: 4

Rooms/Dimensions

  • Total Units: 14
  • Total Floors: 4
  • Total Rooms: 15

Location

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426 Fletcher St, Lowell, MA

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Content © 2025 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Paul Brouillette of LAER Realty Partners. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.