Property Description

Location, Location, Location. Great investment/income potential for a 1031 exchange. This well kept 3750 sq/ft two family has plenty of off street parking and is a stones throw from UMASS Lowell. The building is solid has vinyl siding, hardwood floors and high efficiency Central Air Conditioning which is rare for a 2 family. The first floor has 3 bedrooms, a large eat in kitchen and a family room and a small enclosed porch. The 2nd and 3rd floor have a total of 5 bedrooms, a large eat in kitchen and a family room. Tenanats pay all utilities. Units are currently rented out by room at $650 per bedroom. Lease agreements producing $4550 per month. Buyer to purchase the property assumes all leases/tenants. Buyer/buyers agent must conduct their own due diligence, verifications and research.

Gershom Ave
: Off-street , Improved Driveway
: Paved Drive , Shared Drive
Additional Info
12/15/2020 09:40:00


106 Gershom Ave, Lowell, Massachusetts, MA 01854

  • Bedrooms : 8
  • Full Bathrooms : 2
  • Square Footage: 3,370 Sqft
Basic Details
Office Name : Re/max Innovative Properties
Ref ID : 72729582
Property Type : Multi-family
Listing Type : For Sale
Price : $589,900
Bedrooms : 8
Rooms : 12
Full Bathrooms : 2
Square Footage : 3,370 Sqft
Year Built : 1930
Lot Area : 0.11 Acre
Listing Status : Closed
Agent info
RE/MAX Innovative Properties
81 Farmland Road, Lowell, MA 01850
Contact Agent