1240 Gorham St, Lowell MA 01852

Lowell, MA 01852
$635,000
Est. $3,380/month
6
Beds
3
Baths
2,961
Sq Ft
$214
Price/Sq Ft
0.20
Acres
1930
Year Built
2 Family - 2 Units Up/Down
Type
27
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73341082

About this home

This fantastic two-family home offers the perfect blend of space, convenience, and investment potential. Situated on a large and level lot, this property provides plenty of outdoor space for parking, recreation, or entertaining. The first floor unit has a comfortable two bedroom layout with a kitchen, living room and one bathroom. The unit above spans two floors and has a total of four bedrooms and two full bathrooms. On the first floor of this unit there is a kitchen, living room, three bedrooms, and a full bathroom and on the second floor of the same unit there is a fourth bedroom, family room and another full bathroom. A detached two-car garage provides ample parking and storage, while the newly paved driveway adds extra convenience and curb appeal. Ideally located close to major highways, public transportation, and hospitals will make this a perfect option for all types of buyers.

Sale Statistics

Sale Overview
Original List Price: $600,000
Final Sale Price: $635,000
Difference: +$35,000 (+5.8%)
Performance Metrics
105.8%
List to Sale Ratio
Sold above asking price
27
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $203
Sale $/sq ft: $214
This property sold for $214 per square foot
Sale Summary

This property sold for 5.8% above the original asking price, indicating strong buyer demand.

With only 27 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1930
Bedrooms
6
Full Bathrooms
3
Living Area
2,961 sq ft
Total Rooms
11
Stories
3
Levels
3

Interior Features

Flooring
Wood, Tile, Vinyl, Varies, Hardwood
Heating
Forced Air, Natural Gas, Baseboard
Has Heating
Yes
Has Fireplace
No
Interior Features
Ceiling Fan(s), Bathroom With Tub, Living Room, Kitchen, Family Room
Basement Details
Full, Interior Entry

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.20 acres
Lot Size
8,712 sq ft
Lot Size Area
0.2000
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
10
Parking Features
Paved Drive, Off Street, Paved
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Individually Metered

Community & HOA

Community Features
Public Transportation, Park, Medical Facility, Laundromat, Highway Access, Public School, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,285
Tax Year
2024
Tax Assessed Value
$527,700
Parcel Number
M:186 B:2675 L:1240,3191356
Zoning
TMU
Financial Data Source
Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Actual

Location

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Neighborhood

1240 Gorham St, Lowell MA 01852

Lowell, MA 01852

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $524
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.5%
Price Range
29
Total Days on Market

Property Timeline

Sold
May 1, 2025
$635,000
Property sold
Days on Market: 29
🏠
Listed for Sale
Mar 4, 2025
$600,000
Original listing
Agent: Jack Mantville Office: J. Borstell Real Estate, Inc.

Price & Status History

Date Event Price Change
Mar 4, 2025 New Listing Added $600,000

Market Statistics

Days on Market
27 days
Price per Sq Ft
$214

Tax History

Year Taxes Assessment
2024 $6,285 $527,700

Financial Details

Annual Property Tax
$6,285
Tax Year 2024
Assessed Value
$527,700

Listing Information

Listing Agent Jack Mantville
Listing Office J. Borstell Real Estate, Inc.
Agent MLS ID CN233745
Office MLS ID G80038

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