125 Gershom Ave Lowell, MA
$875,000
Beds 8
Baths 3
Square Feet 3,262
Acres 0.11
Description
An excellent opportunity to acquire 125 Gershom Ave, a well-maintained three-unit multifamily property in Lowell’s 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.
Listed by LAER Realty Partners, Michael Page
Details
MLS 73565965
Status Active
Price $875,000
DOM 53 days
Type Multi-Family
Beds 8
Baths 3 full baths
Square Feet 3,262 sqft
Lot Size 0.11 acres
Year Built 1890
Lot & Building Features
Appliances Microwave, Refrigerator, Range
Construction Frame
Heating Forced Air, Natural Gas
Sewer Public Sewer
Tax Year 2025
Taxes Paid $7,796
Water Public
Foundation Stone
Interior Features Upgraded Countertops, Stone/Granite/Solid Counters, Remodeled, Upgraded Cabinets, Crown Molding, Walk-In Closet(s), Bathroom With Tub & Shower, Dining Room, Living Room, Ceiling Fan(s), Kitchen, Internet Available - Unknown
Roof Shingle
Full Baths 3
Parking Paved, Paved Drive, Off Street
Total Rooms 18
Basement Feature Unfinished, Concrete, Full
Garage Spaces 0
Schools
Elementary School Murkland Elementary School
Junior High School Stoklosa Middle School
Senior High School Lowell Hs
Multi-Family Home for Sale: 125 Gershom Ave, Lowell, MA 01854
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Financing
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6.75%
$
$
$
per month
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