Beautifully Updated 2-Family in Prime Location! Just a short walk to UMass Lowell and in close proximity to Lowell General Hospital, this property offers a fantastic investment opportunity with strong and steady rental income. Both units have seen numerous updates, making this a fantastic opportunity to secure a home that generates income or offers flexible living arrangements. Don’t miss your chance to own in this desirable area! Updates include, but are not limited to, new flooring, painted exterior, kitchen upgrades, basement waterproofing and interior foundation work, electrical updates, and new heat pump and air conditioning systems—with over $56K in recent improvements. Buyer/agent to do own due diligence. Please see firm remarks
Sale Statistics
Sale Overview
Original List Price:$849,900
Final Sale Price:$830,000
Difference:
$19,900 (-2.3%)
Performance Metrics
97.7%
List to Sale Ratio
Sold below asking price
37
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$284
Sale $/sq ft:$278
This property sold for $278 per square foot
Sale Summary
This property sold for 2.3% below the original asking price.
The property spent 37 days on market before selling.
Facts & Features
Property Overview
Property Type
Multi Family
Property Category
Residential Income
Year Built
1900
Bedrooms
10
Full Bathrooms
3
Living Area
2,990 sq ft
Total Rooms
16
Stories
3
Levels
3
Interior Features
Flooring
Laminate
Has Fireplace
No
Interior Features
Kitchen, Office/Den, Living Room
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Interior Entry, Unfinished
Exterior & Structure
Construction Materials
Frame
Foundation
Stone
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.10 acres
Lot Size
4,356 sq ft
Lot Size Area
0.1000
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
7
Parking Features
Paved Drive, Off Street, On Street, Paved
Utilities & Systems
Utilities Available
for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service
Community & HOA
Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,336
Tax Year
2025
Tax Assessed Value
$639,000
Parcel Number
M:96 B:2600 L:136
Zoning
TTF
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Listing Terms
Contract
Location
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Neighborhood
136-138 Gershom Ave, Lowell MA 01854
Lowell, MA 01854
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$611
Homeowners Insurance$200
PMI$0
Property History
Market Insights
2.3%
Price Range
39
Total Days on Market
Property Timeline
✓
Sold
Jul 7, 2025
$830,000
Property sold
Days on Market: 39
🏠
Listed for Sale
Apr 18, 2025
$849,900
Original listing
Agent: Naina Sova-SicardOffice: Silver Key Homes Realty
