$1,200,000
8 Cherry St
Lowell, MA, 01852
A straight forward 6 family with many recent updates and renovations. All units are 2 bedrooms with four units already rented out. Many recent updates include kitchens, flooring, bathrooms, systems, electrical, fire alarm monitoring, security cameras and more. Parking on Chapel and Linden St as well as public transportation within walking distance from the building. One long term tenant at below market rent and two vacant units with many recent updates. The other three occupied units also with recent extensive renovations. This provides the opportunity for a new investor to rent out the vacant units and raise the rent on the below market unit for instant value added.
Property Details
Price:
$1,200,000
MLS #:
73361237
Status:
Active
Beds:
12
Baths:
6
Address:
8 Cherry St
Type:
Multi Family
Subtype:
5-9 Family
City:
Lowell
Listed Date:
Apr 17, 2025
State:
MA
Finished Sq Ft:
4,334
Total Sq Ft:
4,334
ZIP:
01852
Lot Size:
2,178 sqft / 0.05 acres (approx)
Year Built:
1920
Units:
6
Schools
Interior
Bathrooms
6 Full Bathrooms
Heating
Baseboard
Exterior
Community Features
Public Transportation, Park, Laundromat, Highway Access
Construction Materials
Frame
Parking Features
Paved Drive
Roof
Rubber
Financial
Tax Year
2025
Taxes
$10,052
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Winterspring Real Estate, LLC. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
8 Cherry St
Lowell, MA
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