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$649,900

492 Fletcher St, Lowell MA 01854
Lowell, MA 01854
Listed by Raymond Boutin
Bedrooms
6
Bathrooms
2
Living area
2,406 sqft
Year built
1880

About this home

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.

Property details

MLS #
73511911
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
113
On market date
May 3, 2026
Stories
2
Garage spaces
N/A
Lot size
0.05 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Charlotte M Murkland Elementary
0.16 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
453
Student:teacher ratio
12.9:1
District
Lowell
Middle
Kathryn P. Stoklosa Middle School
0.32 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
646
Student:teacher ratio
12.4:1
District
Lowell
High
Lowell High
0.63 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
3,056
Student:teacher ratio
14.0:1
District
Lowell

Mortgage calculator

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Est. monthly payment
$4,064/mo
$129,980 down
$519,920 loan
Principal & interest$3,372
Property tax (est.)$542
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 29, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.