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106 Gershom Ave, Lowell, MA

Lowell · MA 01854

$565,000
Price
8
Beds
2
Baths
3370
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1930
Units: 2 Units
Lot size: 4,626 Sq.Ft Lot
Price per square foot: $175 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

Location, Location, Location. Great investment/income potential for a 1031 exchange. This well kept 3750 sq/ft two family has plenty of off street parking and is a stones throw from UMASS Lowell. The building is solid has vinyl siding, hardwood floors and high efficiency Central Air Conditioning which is rare for a 2 family. The first floor has 3 bedrooms, a large eat in kitchen and a family room and a small enclosed porch. The 2nd and 3rd floor have a total of 5 bedrooms, a large eat in kitchen and a family room. Tenanats pay all utilities. Units are currently rented out by room at $650 per bedroom. Lease agreements producing $4550 per month. Buyer to purchase the property assumes all leases/tenants. Buyer/buyers agent must conduct their own due diligence, verifications and research.

Neighborhood & Transit

106 Gershom Ave, Lowell · MA 01854

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
2111 days
Listing Price:
$589,900
Price per Sq.Ft:
$175
Tax Assessment:
$377,100 in 2020
Taxes:
$432 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
2
Half Bathrooms
0
Living Area
3,370 Sq.Ft
Broker Disclosure about Living Area
Approx 500 sq/ft in basement could be used as common living space.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
4,626 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Peter Pappas
Listing office
RE/MAX Innovative Properties
MLS PIN #
72729582
Disclosure
Approx 500 sq/ft in basement could be used as common living space.