$949,900
Active125 Gershom Ave
Lowell, MA, 01854
Multi-Family · MLS #73565965
Price/sqft
$291
Days on market
8 days
Year built
1890
Lot size
0.11 ac
3,262 sq ft
Sq Ft
0.11 acres
Lot
1890
Year Built
Taxes: $7,796 (2025)
About this home
An excellent opportunity to acquire 125 Gershom Ave, a well-maintained three-unit multifamily property in Lowells desirable Pawtucketville neighborhood. Ideally located near UMass Lowell, Lowell General Hospital, Saints Medical Center, cafes, shopping, supermarkets, major highways, and the commuter rail with service to Boston, the property offers both convenience and strong long-term investment potential.The property is being delivered vacant and move-in ready, providing immediate value-add potential for an investor looking to capture market rents or an owner-occupant seeking a multifamily property with income potential. The property consists of two spacious three-bedroom, one-bath units and one two-bedroom, one-bath unit.The first-floor apartment features three generously sized bedrooms, high ceilings, a spacious dining area, full bathroom, and a brand-new quartz kitchen with floor-to-ceiling designer white cabinetry. The second-floor apartment offers a similarly spacious three-bedroom layout, another brand-new kitchen, and an enclosed porch with newer vinyl windows. The third-floor unit is a separate two-bedroom apartment with an updated bathroom and kitchen area.Recent improvements include two brand-new kitchens (2026), updated flooring, fresh paint throughout, a newer roof, updated HVAC systems, newer hot water tanks, updated electrical, and new electrical panels. All three units are separately metered, providing a favorable setup for long-term ownership and management.Additional features include basement laundry, a long private driveway, ample off-street parking, a large level fenced-in backyard, and a storage shed. The property also has an established rental history and offers an attractive opportunity to increase income through updated units and current market rents.Conveniently located just minutes from downtown Lowell, major highways, shopping, restaurants, UMass Lowell, and public transportation, 125 Gershom Ave presents a compelling combination of location, condition, income potential, and future upside.
Location
125 Gershom Ave, Lowell, MA, 01854
Property details
- Road type
- Public
- Basement
- Full, Concrete Floor, Unfinished Basement
- Electric
- 100 Amps
Listed by Michael Page · LAER Realty Partners
Schedule a showing
125 Gershom Ave
Estimated payment
$5,929 / month
Loan term
- Principal & interest
- $4,883
- Property tax
- $650
- Home insurance
- $396
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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