Active
22 Days on market
125 Gershom Ave Lowell — Photo 1 of 39

125 Gershom Ave Lowell — Photo 1 of 39

$949,900

125 Gershom Ave, Lowell, MA 01854

Lowell, MA 01854 — Pawtucketville

Beds

8

Baths

3

SqFt

3,262

Style

3 Family

Built

1890

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$291/sqft
Local Avg (Lowell)$264/sqft
10% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lowell, MA.

Property Details

Financials

Original Price$949,900
Annual Taxes$7,796

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms18
FireplacesNone
FlooringTile, Laminate, Wood
BasementFull, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningTTF

Property & Lot

Acres0.11
SqFt Lot4,792
Lot FeaturesGentle Sloping

Amenities & Appliances

Range • Refrigerator • Microwave

Neighborhood

Public Transportation • Shopping

Geography

Population

30,081

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$73K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

62.2%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Michael Page

Listing Office: LAER Realty Partners

MLS® Number: 73565965

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