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.
Off market
$790,700
106 Gershom Ave, Lowell, MA 01854
8beds
3,370sqft
MultiFamily
Built in 1930
-- sqft lot
$790,700 Zestimate®
$235/sqft
$2,856 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Gas
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 3,370 sqft
Property
Parking
- Total spaces: 6
Features
- Exterior features: Vinyl
Lot
- Size: 4,791 sqft
Details
- Parcel number: LOWEM96B2600L106
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: Lowell
Other
Other facts
- Exterior: Vinyl
- Foundation: Fieldstone
- Hea Dscrp 1: Forced Air, Gas, Central Heat
- Hea Dscrp 2: Central Heat, Forced Air
- Hot Water: Natural Gas
- Ife Dscrp 1: Cable Tv Available, Ceiling Fans, Internet Available - Broadband
- Ife Dscrp 2: Cable Tv Available, Ceiling Fans, Internet Available - Broadband
- Lot Description: Paved Drive, Shared Drive
- Rms Dscrp 1: Living Room, Kitchen, Sunroom
- Rms Dscrp 2: Living Room, Kitchen, Loft
- Roof Material: Asphalt/Fiberglass Shingles
- Mf Type: 2 Family - 2 Units Up/Down
- Col Dscrp 2: Central Air
- Col Dscrp 1: Central Air
- Construction: Conventional (2x4-2x6)
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$790,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$790,700