492 Fletcher St, Lowell MA 01854

Lowell, MA 01854

$649,900

Est. $3,914/month

Beds

Baths

2,406

Sq Ft

$270

Price/Sq Ft

0.05

Acres

1880

Year Built

Multi Family

Type

4 hours 45 minutes

Time on Market

Active Open House Listed May 4, 2026 • MLS# 73511911 Copied!

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.

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Property Overview

Property Type

Multi Family

Listing Type

For Sale

Year Built

1880

Bedrooms

Full Bathrooms

Living Area

2,406 sq ft

Total Rooms

Stories

Levels

Open House Schedule

May

Tuesday, May 5

4:30 PM - 6:00 PM EDT

Facts & Features

Home Facts

Type Residential Income

Style Multi Family

Year Built 1880

Living Area 2,406 sq ft

Lot Size 0.05 acres

Bedrooms 6

Full Baths 2

Total Rooms 10

Interior

Heating None

Cooling None

Flooring Laminate, Hardwood

Appliances Range, Refrigerator, Range Hood

Fireplace None

Basement Full, Interior Entry, Concrete, Unfinished

Laundry Washer & Dryer Hookup

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

Exterior

Construction Frame

Architecture None

Roof Shingle, Asphalt/composition Shingles

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features On Street

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $5,133

Assessed Value $447,100

Interior Features

Flooring: Laminate, Hardwood

Appliances: Range, Refrigerator, Range Hood

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

Windows:

Basement: Full, Interior Entry, Concrete, Unfinished

Laundry: Washer & Dryer Hookup

Security:

Construction & Materials

Year Built: 1880

Structure Type:

Exterior Materials: Frame

Roof: Shingle, Asphalt/Composition Shingles

Foundation: Stone

Stories: 2

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water: Natural Gas

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Level

Road Surface:

Parking & Garage

Parking Features: On Street

Location

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Neighborhood

492 Fletcher St, Lowell MA 01854

Lowell, MA 01854

Walkability

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Nearby Schools

School information not available for this location.

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Principal & Interest $0

Property Tax $428

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠

Listed for Sale

May 4, 2026

$649,900

Original listing

Agent: Raymond Boutin Office: RE/MAX Innovative Properties

Date	Event	Price	Change	$/sqft	Details
05/04/2026	🏠 Listed for Sale	$649,900	-	-	Original listing

Price & Status History

Date	Event	Price	Change
May 4, 2026	New Listing Added	$649,900	—

Market Statistics

Time on Market

4 hours 45 minutes

Price per Sq Ft

$270

Tax History

Year	Taxes	Assessment
2025	$5,133	$447,100

Financial Details

Annual Property Tax

$5,133

Tax Year 2025

Assessed Value

$447,100

Listing Information

Listing Agent Raymond Boutin

Listing Office RE/MAX Innovative Properties

Agent MLS ID D0001895

Office MLS ID AN5830

Listing Data Updated May 3, 2026 8:55 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Listed for Sale

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492 Fletcher St, Lowell MA 01854

About this home

Property Overview

Open House Schedule

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

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Nearby Schools

Monthly Payment Calculator

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Loan Summary

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Property History

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Listed for Sale

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