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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: 6/6 and 6/7 11-12.30.

More Info

Basic Information

  • Gross Income $101,700
  • Lot Features Other
  • Mls StatusNew
  • Parcel Number M:181 B:1200 L:8,3190467

Tax Information

  • Tax Assessed Value $875,600
  • Tax Year 2025
  • Taxes$10,052

Parking

  • Parking Spaces

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms12
  • Full Bath6

Basic Information

  • List Price$1,250,000
  • MLS Number73528099
  • Modification Date06/02/2026
  • Property SubType5-9 Family

Location

  • Address8 Cherry Street
  • Building Number8
  • CountyMiddlesex
  • StateMA
  • StreetCherry Street
  • TownLowell
  • Zip01852

Building

  • Building Area Units Square Feet
  • FoundationOther
  • Levels 3
  • Rooms24
  • Stories3
  • Units6
  • Year Built1920
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.05

Exterior

  • RoofRubber

Utilities

  • Electric Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,334
  • Lot Size Square Feet 2,178
  • Lot Size Units Acres
  • Square Feet4,334

Amenities

  • Amenities
    • Bike Path
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Other AmenitiesGolf

Legal

  • ZoningUMF

Other

  • Date Listed06/02/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Candor Investment Group of eXp Realty

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