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This is the investment opportunity you've been looking for! Ideally situated on a private road just a short walk to UMass Lowell and University Avenue, this home offers an excellent combination of location, flexibility, and income potential.This well-maintained three-family property is currently vacant and ready for immediate occupancy, making it an ideal opportunity for an investor seeking strong rental income and long-term upside.The first-floor unit features three generously sized bedrooms, high ceilings, a spacious dining area, full bathroom, and a stunning brand-new quartz kitchen with floor-to-ceiling designer white cabinetry. The second-floor unit offers a similar spacious three-bedroom layout, along with another brand-new kitchen and an enclosed porch featuring newer vinyl windows.The third floor offers a separate one-bedroom unit with an updated bathroom and kitchen area, plus a bonus living space that provides additional flexibility.The property has an established strong rental history and has benefited from numerous recent updates, including a newer roof, HVAC systems, hot water tanks, updated electrical, and new electrical panels. All three units are separately metered. Outside, the property features a large, level, fenced-in backyard, storage shed, and ample off-street parking for multiple vehicles.
More Info
Basic Information
- Gross Income $88,800
- Lot Features Gentle Sloping
- Mls StatusNew
- Parcel Number M:114 B:2600 L:125,3182132
Tax Information
- Tax Assessed Value $679,100
- Tax Year 2025
- Taxes$7,796
School Information
- Elementary SchoolMurkland Elementary School
- High SchoolLowell
- High School Lowell Hs
- Junior HighStoklosa Middle School
Parking
- Open Parking YN Yes
- Parking Features Paved Drive, Off Street, Paved
- Parking Spaces8
Rooms
- Bathroom3
- Bathrooms Total Decimal 3
- Bedrooms7
- Full Bath3
Basic Information
- List Price$949,900
- MLS Number73565965
- Modification Date08/20/2026
- Property SubType3 Family - 3 Units Up/Down
Location
- Address125 Gershom Avenue
- Building Number125
- CountyMiddlesex
- NeighborhoodPawtucketville
- StateMA
- StreetGershom Avenue
- SubdivisionPawtucketville
- TownLowell
- Zip01854
Building
- BasementFull, Concrete, Unfinished
- Building Area Units Square Feet
- Construction Materials Frame
- FireplaceYes
- Fireplace Features Gas
- FoundationStone
- Levels 3
- Patio And Porch Features Porch
- Rooms18
- Stories3
- Units3
- Utilities For Gas Range, For Electric Range, For Gas Dryer, Washer Hookup, Varies Per Unit
- Window Features Box/Bay/Bow Window(s), Insulated Windows, Screens
- Year Built1890
- Year Built Details Actual
- Year Built Source Public Records
Property
- Acreage0.11
- Other Structures Shed(s)
Interior
- Flooring Tile, Laminate, Wood
- Interior Features
- Bathroom With Tub & Shower
- Ceiling Fan(s)
- Crown Molding
- Dining Room
- Internet Available - Unknown
- Kitchen
- Living Room
- Remodeled
- Stone/Granite/Solid Counters
- Upgraded Cabinets
- Upgraded Countertops
- Walk-In Closet(s)
Exterior
- Fencing Fenced/Enclosed, Fenced
- RoofShingle
Utilities
- Electric 100 Amp Service
- Electric Expense 300
- Heat SystemYes
- Heating Forced Air, Natural Gas
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 3,062
- Lot Size Square Feet 4,792
- Lot Size Units Acres
- Square Feet3,062
Amenities
- AmenitiesPublic Transportation, Shopping
- Appliances IncludedRange, Refrigerator, Microwave
- Other AmenitiesBasement, Fireplace
Legal
- ZoningTTF
Other
- Date Listed08/20/2026
- Farm Land Area Units Square Feet
Map Location
Listed by Michael Page of LAER Realty Partners
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