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INVESTMENT SNAPSHOT
About this property
An excellent opportunity to acquire 125 Gershom Ave, a well-maintained three-unit multifamily property in Lowell’s desirable Pawtucketville neighborhood. Ideally located near UMass Lowell, Lowell General Hospital, Saints Medical Center, cafes, shopping, supermarkets, major highways, and the commuter rail with service to Boston, the property offers both convenience and strong long-term investment potential.The property is being delivered vacant and move-in ready, providing immediate value-add potential for an investor looking to capture market rents or an owner-occupant seeking a multifamily property with income potential. The property consists of two spacious three-bedroom, one-bath units and one two-bedroom, one-bath unit.The first-floor apartment features three generously sized bedrooms, high ceilings, a spacious dining area, full bathroom, and a brand-new quartz kitchen with floor-to-ceiling designer white cabinetry. The second-floor apartment offers a similarly spacious three-bedroom layout, another brand-new kitchen, and an enclosed porch with newer vinyl windows. The third-floor unit is a separate two-bedroom apartment with an updated bathroom and kitchen area.Recent improvements include two brand-new kitchens (2026), updated flooring, fresh paint throughout, a newer roof, updated HVAC systems, newer hot water tanks, updated electrical, and new electrical panels. All three units are separately metered, providing a favorable setup for long-term ownership and management.Additional features include basement laundry, a long private driveway, ample off-street parking, a large level fenced-in backyard, and a storage shed. The property also has an established rental history and offers an attractive opportunity to increase income through updated units and current market rents.Conveniently located just minutes from downtown Lowell, major highways, shopping, restaurants, UMass Lowell, and public transportation, 125 Gershom Ave presents a compelling combination of location, condition, income potential, and future upside.
Property details
| Units | 3 |
| Living area | 3,262 sqft |
| Lot size | 4,792 sqft |
| Year built | 1890 |
| Price / sqft | $268 |
| County | Middlesex |
| MLS # | 73565965 |
Listing status
| Days on market | 44 days |
| Listed on | August 19, 2026 |
Taxes & financials
| Annual property tax | $7,796 |
| Tax year | 2025 |
| Assessed value | $679,100 |
| Zoning | TTF |
| Gross income (actual) | $88,800/yr |
| Net operating income (actual) | $71,100/yr |
| Total actual rent | $7,400/mo |
| Electric expense | $300/yr |
| Insurance expense | $2,300/yr |
Building & lot
| Stories | 3 |
| Total rooms | 18 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 8 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Full, Concrete, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Laminate, Wood |
Utilities & systems
| Heating | Forced Air, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range, for Gas Dryer, Washer Hookup, Varies per Unit |
| Appliances | Range, Refrigerator, Microwave |
Location
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 125 Gershom Ave, Lowell MA 01854 have?
It is a 3-unit multi-family property with 3,262 sqft of living area, built in 1890.
How long has 125 Gershom Ave, Lowell MA 01854 been on the market?
125 Gershom Ave, Lowell MA 01854 has been listed for 44 days (since August 19, 2026).
What is the price per unit?
At a list price of $875,000 across 3 units, that works out to roughly $291,667 per unit.
What are the property taxes on 125 Gershom Ave, Lowell MA 01854?
Annual property taxes are $7,796 (2025), on an assessed value of $679,100.
What is the price per square foot?
At $875,000 for 3,262 sqft, that's about $268 per square foot.
Is there parking?
8 total parking spaces (paved drive, off street, paved).
Where is this property located?
125 Gershom Ave, Lowell MA 01854 is in Lowell, Middlesex County, MA 01854.
