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$1,999,900
41 Days On Site
426 Fletcher & 12-16 Varney StLowell, MA 01854
For Sale|Multi Family|Pending
20
Beds
15
Full Baths
1
Partial Bath
11,230
SqFt
$178
/SqFt
1900
Built
County:
Middlesex
Call Now: 401-323-8292
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401-323-8292
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The property consists of three buildings with a total of 24 units: 426 Fletcher St is a 14-unit rooming house,12 Varney has 4 units, and 14-16 Varney offers 6 units. Actual income generated is over $22,250 per month, 10.63% Cap Rate. Market rents could be higher. 426 Fletcher has 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. 14 Varney has new steam boiler installed 2020, Elec panel updated to breakers 2020, Sewer line upgraded 2023. The location is convenient, with easy access to Lowell MBTA, shopping, and a public park, as well as major highways.
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Listing Snapshot
Price
$1,999,900
Days On Site
41 Days
Bedrooms
20
Inside Area (SqFt)
11,230 sqft
Total Baths
16
Full Baths
15
Partial Baths
1
Lot Size
0.36 Acres
Year Built
1900
MLS® Number
73334728
Status
Pending
Property Tax
$8,345
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Other
Friends & Family
Recent Activity
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Status changed to Pending | |
| a month ago | Listing first seen on site |
General Features
Acres
0.36
Foundation
Concrete PerimeterOther
Garage
Yes
Garage Spaces
1
Number Of Stories
6
Parking
PavedOff StreetOn Street
Parking Spaces
2
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
11230
Water Source
Public
Zoning
TMF
Interior Features
Appliances
RangeRefrigeratorWasherDryer
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Exterior Features
Lot Features
Corner Lot
Patio And Porch
Porch
Community Features
Community Features
Park
Schools
School District
Unknown
Elementary School
Charlotte M. El
Middle School
Kathryn P. Stok
High School
Lowell High
Listing courtesy of Paul Brouillette of LAER Realty Partners
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Last checked 2025-04-02 05:34 PM UTC
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Last checked 2025-04-02 05:34 PM UTC
Neighborhood & Commute
Source: Walkscore
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