aisellshomes.space

$1,250,000

Active

8 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

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$7,679 / month

Down payment20% · $250,000
Interest rate6.50%

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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