In-Person: 10/11 12:00 PM - 2:00 PM
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.
Details
| MLS # | 73565965 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 48 |
| Listing Provided By | LAER Realty Partners | Michael Page |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,262 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | TTF |
| Acreage | 0.11 |
Interior
| Rooms Total | 18 |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
| Interior Features | Ceiling Fan(s), Crown Molding, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Internet Available - Unknown, Stone/Granite/Solid Counters, Walk-In Closet(s), Living Room, Dining Room, Kitchen |
| Window Features | Box/Bay/Bow Window(s), Insulated Windows, Screens |
| Appliances | Range, Refrigerator, Microwave |
| Fireplace Features | Gas |
| Fireplaces Total | 0 |
| Fireplace Yes / No | Yes |
| Flooring | Tile, Laminate, Wood |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Frame |
| Foundation Details | Stone |
| Lot Features | Gentle Sloping |
| Fencing | Fenced/Enclosed, Fenced |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Off Street, Paved |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | for Gas Range, for Electric Range, for Gas Dryer, Washer Hookup, Varies per Unit |
|---|---|
| Sewer | Public Sewer |
| Electric | 100 Amp Service |
Taxes
| Tax Annual Amount | 7796 |
|---|---|
| Tax Assessed Value | 679100 |
| Tax Year | 2025 |
Location
| Community Features | Public Transportation, Shopping |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Middlesex |
| City | Lowell |
| Zip Code | 01854 |
| Area | Pawtucketville |
| School District | Lowell Hs |
| Elementary School | Murkland Elementary School |
| High School | Lowell Hs |
| Listing VS Median (in 01854) | |
Price: $875,000 low | high Med: $449,900 sqft: 3,262 low | high Med: 1,121 $ / sqft: $268 low | high Med: $402 On site: 48 low | high Med: 35.5 | |
Market Activity 01854
Request a showing
Request a showing
Contact
Learn More About This Property
| Open House |
|---|
| In-Person 10/11 12:00 PM - 2:00 PM |
| State | MA |
|---|---|
| County | Middlesex |
| City | Lowell |
| Zip Code | 01854 |
| Area | Pawtucketville |
| School District | Lowell Hs |
| Elementary School | Murkland Elementary School |
| High School | Lowell Hs |
| Listing VS Median (in 01854) | |
Price: $875,000 low | high Med: $449,900 sqft: 3,262 low | high Med: 1,121 $ / sqft: $268 low | high Med: $402 On site: 48 low | high Med: 35.5 | |
