426 Fletcher St, Lowell, MA 01854

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.