125 Gershom Ave, Lowell, MA 01854
- $949,900
- 8
- BD
- 3
- BA
- 3,262
- SqFt
- List Price
- $949,900
- Status
- ACTIVE
- MLS#
- 73565965
- Bedrooms
- 8
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 3,262
- Lot Size (Acres)
- 0.11
- Year Built
- 1890
Property 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.
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Additional Information
- Area
- Pawtucketville
- Taxes
- $7,796
- 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
- Parking Description
- Paved Drive, Off Street, Paved
- Lot Description
- Gentle Sloping
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Murkland Elementary School
- Middle School
- Stoklosa Middle School
- High School
- Lowell Hs
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Listing courtesy of Listing Agent: Michael Page from Listing Office: LAER Realty Partners.
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