Under Agreement

125 Gershom Ave, Lowell, MA

Lowell · MA 01854

$875,000
Price
8
Beds
3
Baths
3262
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 3 Units
Lot size: 4,792 Sq.Ft Lot
Price per square foot: $268 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

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.

Neighborhood & Transit

Pawtucketville

125 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:
77 days
Listing Price:
$875,000
Price per Sq.Ft:
$268
Tax Assessment:
$679,100 in 2025
Taxes:
$650 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,262 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3262
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
4,792 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

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

Listing information

Listing agent
Michael Page
Listing office
LAER Realty Partners
MLS PIN #
73565965