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8 Cherry St, Lowell MA 01852

Lowell, MA 01852
$960,000
Est. $5,745/month
12
Beds
6
Baths
4,334
Sq Ft
$222
Price/Sq Ft
0.05
Acres
1920
Year Built
18
Days on Market
Closed Listed Mar 4, 2022 • MLS# 72949080 Copied!

About this home

Great bones and even better systems, this straight forward 6 family with two bedrooms per unit is set up to operate with low maintenance needed. Ready for an investor to step in, rent out the units at fair market value to tenants of their choice and start collecting cash flow. Property will be delivered with one tenant in the building. Updated systems, electrical, fire alarm monitoring, security cameras and 3 out of the 6 units have been updated in the last 5 years. Parking on Chapel and Linden St as well as public transportation within walking distance from the building.

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Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
12
Full Bathrooms
6
Living Area
4,334 sq ft
Total Rooms
24
Stories
5
Levels
5

Sale Statistics

Sale Overview
Original List Price: $850,000
Final Sale Price: $960,000
Difference: +$110,000 (+12.9%)
Performance Metrics
112.9%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $196
Sale $/sq ft: $222
This property sold for $222 per square foot
Sale Summary

This property sold for 12.9% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1920
Living Area 4,334 sq ft
Lot Size 0.05 acres
Bedrooms 12
Full Baths 6
Total Rooms 24

Interior

Heating Baseboard
Cooling None
Flooring Vinyl
Appliances Range, Refrigerator
Fireplace None
Basement Full
Laundry None
Features Living Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $8,285
Assessed Value $615,600

Interior Features

Flooring: Vinyl
Appliances: Range, Refrigerator
Interior Features: Living Room, Kitchen
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating: Baseboard
Heating Zones: 6
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: Paved Drive

Location

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Neighborhood

8 Cherry St, Lowell MA 01852

Lowell, MA 01852

Walkability

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Nearby Schools

School District
Lowell School District local
C-
School Safety 2024-25
3.0% Above Average
2.8% Suspensions 0.8% In-School 0.2% Emergency
2.5% below state avg
E

Elementary Schools

10 schools
B
Rogers STEM Academy
0.2 mi | #8 of 16 | Score: 33.9
Improved 265 spots from last year
-24.3 below state avg
892 students Diverse
Rising School Diverse Student Body
Grades K-08
B
Lowell Community Charter Public School
0.3 mi | #158 of 352 | Score: 43.9
Improved 29 spots from last year
-14.3 below state avg
816 students Diverse
Rising School Diverse Student Body
Grades PK-08
Immaculate Conception School
0.6 mi
Grades PK-08
Hellenic American Academy
0.6 mi
Grades PK-08
St. Patrick School and Educational Center
0.8 mi
Grades PK-08
St. Michael Elementary School
1.0 mi
Grades PK-08
Lowell Youth Treatment Center
1.1 mi
Grades 01-12
C
Bartlett Community Partnership School
1.2 mi | #266 of 352 | Score: 34.8
Improved 20 spots from last year
-23.4 below state avg
408 students Very Diverse
Rising School Diverse Student Body
Grades PK-08
B
Pyne Arts School
1.3 mi | #174 of 352 | Score: 42.6
Improved 52 spots from last year
-15.6 below state avg
462 students Diverse
Rising School Diverse Student Body
Grades PK-08
St. Louis Elementary School
1.3 mi
Grades PK-08
M

Middle Schools

7 schools
C-
Benjamin F. Butler Middle School
0.9 mi | #303 of 352 | Score: 31.0
Dropped 47 spots from last year
-27.2 below state avg
516 students Very Diverse
Diverse Student Body
Grades 05-08
B-
Kathryn P. Stoklosa Middle School
1.0 mi | #198 of 352 | Score: 40.6
Improved 18 spots from last year
-17.6 below state avg
613 students Diverse
Diverse Student Body
Grades 05-08
Laura Lee Therapeutic Day School
1.1 mi
15 students Diverse
Diverse Student Body
Grades 01-08
C
James Sullivan Middle School
1.3 mi | #267 of 352 | Score: 34.8
Improved 38 spots from last year
-23.5 below state avg
625 students Diverse
Rising School Diverse Student Body
Grades 05-08
C-
Henry J Robinson Middle School
1.5 mi | #288 of 352 | Score: 32.5
Improved 31 spots from last year
-25.7 below state avg
600 students Diverse
Rising School Diverse Student Body
Grades 05-08
B+
James S Daley Middle School
1.8 mi | #120 of 352 | Score: 47.3
Improved 55 spots from last year
-10.9 below state avg
669 students Diverse
Rising School Diverse Student Body
Grades 05-08
C
Dr. An Wang School
2.3 mi | #255 of 352 | Score: 35.9
Improved 38 spots from last year
-22.3 below state avg
663 students Very Diverse
Rising School Diverse Student Body
Grades 05-08
H

High Schools

4 schools
F
Lowell Middlesex Academy Charter School
0.5 mi | #339 of 346 | Score: 21.1
Improved 7 spots from last year
-37.1 below state avg
126 students Diverse
College Ready Curriculum Diverse Student Body
Grades 09-12
Old Colony Y Lowell Revocation Program
0.8 mi
Grades 09-12
F
The Career Academy
0.8 mi | #25 of 25 | Score: 14.1
Improved 363 spots from last year
-44.1 below state avg
83 students Diverse
Rising School Diverse Student Body
Grades 09-12
D
Leblanc Therapeutic Day School
1.1 mi | #376 of 346 | Score: 32.8
Same rank as last year
36 students Diverse
Diverse Student Body
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $690
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

32%
Price Range
20
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73528099
Full transaction history available when tracking began
🏡
Currently Listed
Jun 2, 2026
$1,250,000
MLS #73528099 - Active
Previous Transaction - MLS #73444131
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 8, 2025
$875,000
MLS #73444131
Sold
May 19, 2022
$960,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Mar 4, 2022
$850,000
Original listing
Agent: Patrick Hermans Office: J. Borstell Real Estate, Inc.

Price & Status History

Date Event Price Change
Jun 2, 2026 Sold $1,250,000
Dec 8, 2025 Sold $875,000
Mar 4, 2022 New Listing Added $850,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$222

Tax History

Year Taxes Assessment
2021 $8,285 $615,600

Financial Details

Annual Property Tax
$8,285
Tax Year 2021
Assessed Value
$615,600

Listing Information

Listing Agent Patrick Hermans
Listing Office J. Borstell Real Estate, Inc.
Agent MLS ID CN225762
Office MLS ID G80038
Listing Data Updated Jun 7, 2022 11:50 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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