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118 & 120 Gates St

Highlands, Lowell, MA 01851
$685,000
7 Beds
2 Baths
2,793 Living Area
  • Property Description
    Excellent investment opportunity for this two-family home in the Highlands neighborhood of Lowell. Ideally situated on corner lot just minutes from shops, restaurants, parks, schools, public transportation and easily accessible to highway, this is a perfect location for both owner-occupants and investors alike. First unit has 3 bedrooms. Second unit has 4 bedrooms, laundry hook up and solar panels that were installed Fall 2024. Paved driveway provides ample parking plus a storage shed for added convenience. Customize and add value over time while benefiting from passive income. Live in one, rent the other or rent both for solid income potential!
  • Highlights
    • Area: Highlands
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1925
    • Heating: Natural Gas, Electric
    • Parking Spots: 4
    • Property Type: Multi Family
    • Total Rooms: 13
    • Status: Closed
  • Additional Details
    • Appliances: Range, Refrigerator, Range Hood
    • Flooring: Wood
    • Interior Features: Ceiling Fan(s), Pantry, Living Room, Kitchen, Laundry Room
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: Tmf
    • Basement: Unfinished
    • Foundation: Stone
    • Lot Features: Corner Lot
    • Roof: Shingle
    • Total Number of Units: 2
    • Year Built Source: Public Records
  • Amenities
    • Parking Features: Paved Drive, Paved
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $426,000
    • Taxes: $5,074
    • Tax Year: 2024

Location

118 & 120 Gates St, Lowell, MA 01851

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Realty ONE Group Nest. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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