BMN Boston

Get our mobile app!

Download on the App Store

8 Cherry St, Lowell MA 01852

Lowell, MA 01852
$1,250,000
$1,125,000
Est. $6,726/month
12
Beds
6
Baths
4,334
Sq Ft
$260
Price/Sq Ft
0.05
Acres
1920
Year Built
45
Days on Market
Active Price Drop -$125,000 Open House Listed Jun 2, 2026 • MLS# 73528099 Copied! • Updated Jul 14, 2026

Open House Schedule

18
Jul
Saturday, July 18
11:00 AM - 12:15 PM EDT

About this home

Great investment opportunity with this six (6) 2-Bed/1-Bath units. Extremely low maintenance with great cash flow. 4 out of the 6 units and common areas have been completely remodeled in the past few months. 5 brand new heating systems. Sprinklers and alarm monitoring systems are a few years old. The Property is separately metered for electricity and gas-powered heat and hot water, which tenants pay directly. The Landlord is responsible for common area electric and providing domestic water and sewer. The Property is a centrally located offering strong tenant appeal through its easy access to downtown amenities, neighborhood services, and recreational destinations. It is conveniently situated near major roadways, including Interstate 495, the Lowell Connector, and U.S. Route 3. Open House Sat 7/11 & Sun 7/12 11am-12pm

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

2
Price Changes
30%
Price Range
2
Previous Sales

Property Timeline

Price Reduced
Jul 14, 2026
$1,125,000 $74,000 (-6.17%)
From $1,199,000 to $1,125,000 (-6.2%)
Price Reduced
Jul 7, 2026
$1,199,000 $51,000 (-4.08%)
From $1,250,000 to $1,199,000 (-4.1%)
🏠
Listed for Sale
Jun 2, 2026
$1,250,000
Original listing
Agent: Candor Investment Group Office: eXp Realty
Previous Transaction - MLS #73444131
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 8, 2025
$875,000
MLS #73444131
Previous Transaction - MLS #72949080
Full transaction history available when tracking began
🏷️
Previously Sold
May 19, 2022
$960,000
MLS #72949080

Tax History

Year Taxes Assessment
2025 $10,052 $875,600

Financial Details

Annual Property Tax
$10,052
Tax Year 2025
Assessed Value
$875,600

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

Investment Metrics

Units 6
Unit 1 Rent $1,650/mo · N
Unit 2 Rent $1,850/mo · Y
Unit 3 Rent $1,375/mo · N
Unit 4 Rent $1,750/mo · Y
Total Monthly Rent $6,625/mo
Gross Income $101,700
Net Operating Income $101,700
Cap Rate 9.04%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,052
Assessed Value $875,600
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Buyer/buyers Agent To Do Their Own Due Diligence. Listing Agent Is Owner Of The Property.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 42 days

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
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation: Other
Stories: 3

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

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 $838
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.

Location

Loading map...

Neighborhood

8 Cherry St, Lowell MA 01852

Lowell, MA 01852

Listing Information

Listing Agent Candor Investment Group
Listing Office eXp Realty LLC
Office Phone 888-854-7493
Agent MLS ID TM361776
Office MLS ID AN9457
Listing Data Updated Jul 14, 2026 9:57 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Lowell, MA

Real-time market trends and pricing data for this area

8 Cherry St, Lowell MA 01852 - Photo 1 8 Cherry St, Lowell MA 01852 - Photo 2 8 Cherry St, Lowell MA 01852 - Photo 3 8 Cherry St, Lowell MA 01852 - Photo 4 8 Cherry St, Lowell MA 01852 - Photo 5 8 Cherry St, Lowell MA 01852 - Photo 6 8 Cherry St, Lowell MA 01852 - Photo 7 8 Cherry St, Lowell MA 01852 - Photo 8 8 Cherry St, Lowell MA 01852 - Photo 9 8 Cherry St, Lowell MA 01852 - Photo 10 8 Cherry St, Lowell MA 01852 - Photo 11 8 Cherry St, Lowell MA 01852 - Photo 12 8 Cherry St, Lowell MA 01852 - Photo 13 8 Cherry St, Lowell MA 01852 - Photo 14 8 Cherry St, Lowell MA 01852 - Photo 15 8 Cherry St, Lowell MA 01852 - Photo 16 8 Cherry St, Lowell MA 01852 - Photo 17 8 Cherry St, Lowell MA 01852 - Photo 18 8 Cherry St, Lowell MA 01852 - Photo 19 8 Cherry St, Lowell MA 01852 - Photo 20 8 Cherry St, Lowell MA 01852 - Photo 21 8 Cherry St, Lowell MA 01852 - Photo 22 8 Cherry St, Lowell MA 01852 - Photo 23 8 Cherry St, Lowell MA 01852 - Photo 24 8 Cherry St, Lowell MA 01852 - Photo 25 8 Cherry St, Lowell MA 01852 - Photo 26 8 Cherry St, Lowell MA 01852 - Photo 27 8 Cherry St, Lowell MA 01852 - Photo 28 8 Cherry St, Lowell MA 01852 - Photo 29 8 Cherry St, Lowell MA 01852 - Photo 30 8 Cherry St, Lowell MA 01852 - Photo 31 8 Cherry St, Lowell MA 01852 - Photo 32
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour