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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 two-bedroom unit with an updated bathroom and kitchen area. 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
  • Bedrooms8
  • 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

Other

  • Date Listed08/20/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Michael Page of LAER Realty Partners

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