$1,250,000
Active8 Cherry St
Lowell, MA, 01852
Multi-Family · MLS #73528099
Price/sqft
$288
Days on market
10 days
Year built
1920
Lot size
0.05 ac
4,334 sq ft
Sq Ft
0.05 acres
Lot
1920
Year Built
Taxes: $10,052 (2025)
About this home
Great investment opportunity with this six (6) 2-Bed/1-Bath units. Extremely low maintenance with great cash flow. 4 out of the 6 units and common areas have been completely remodeled in the past few months. 5 brand new heating systems. Sprinklers and alarm monitoring systems are a few years old. The Property is separately metered for electricity and gas-powered heat and hot water, which tenants pay directly. The Landlord is responsible for common area electric and providing domestic water and sewer. The Property is a centrally located offering strong tenant appeal through its easy access to downtown amenities, neighborhood services, and recreational destinations. It is conveniently situated near major roadways, including Interstate 495, the Lowell Connector, and U.S. Route 3. Open House: 6/6 - 11-12.30 and 6/7 - 10.30-11.30.
Location
8 Cherry St, Lowell, MA, 01852
Property details
- Electric
- Individually Metered
Listed by Candor Investment Group · eXp Realty
Schedule a showing
8 Cherry St
Estimated payment
$7,679 / month
Loan term
- Principal & interest
- $6,321
- Property tax
- $838
- Home insurance
- $521
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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