125 Gershom Ave
$949,900
8
Beds
3
Baths
3,262
Sqft
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$949,900
8
Beds
3
Baths
3,262
Living Area
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Property Description
An excellent opportunity to acquire 125 Gershom Ave, a well-maintained three-unit multifamily property in Lowell’s desirable Pawtucketville neighborhood. Ideally located near UMass Lowell, Lowell General Hospital, Saints Medical Center, cafes, shopping, supermarkets, major highways, and the commuter rail with service to Boston, the property offers both convenience and strong long-term investment potential.The property is being delivered vacant and move-in ready, providing immediate value-add potential for an investor looking to capture market rents or an owner-occupant seeking a multifamily property with income potential. The property consists of two spacious three-bedroom, one-bath units and one two-bedroom, one-bath unit.The first-floor apartment features three generously sized bedrooms, high ceilings, a spacious dining area, full bathroom, and a brand-new quartz kitchen with floor-to-ceiling designer white cabinetry. The second-floor apartment offers a similarly spacious three-bedroom layout, another brand-new kitchen, and an enclosed porch with newer vinyl windows. The third-floor unit is a separate two-bedroom apartment with an updated bathroom and kitchen area.Recent improvements include two brand-new kitchens (2026), updated flooring, fresh paint throughout, a newer roof, updated HVAC systems, newer hot water tanks, updated electrical, and new electrical panels. All three units are separately metered, providing a favorable setup for long-term ownership and management.Additional features include basement laundry, a long private driveway, ample off-street parking, a large level fenced-in backyard, and a storage shed. The property also has an established rental history and offers an attractive opportunity to increase income through updated units and current market rents.Conveniently located just minutes from downtown Lowell, major highways, shopping, restaurants, UMass Lowell, and public transportation, 125 Gershom Ave presents a compelling combination of location, condition, income potential, and future upside.
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Highlights
- Area: Pawtucketville
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1890
- Heating: Forced Air, Natural Gas
- Parking Spots: 8
- Property Type: 3 Family
- Total Rooms: 18
- Status: Active
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Additional Details
- Appliances: Range, Refrigerator, Microwave
- Construction: Frame
- Foundation: Stone
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full, Concrete, Unfinished
- Flooring: Tile, Laminate, Wood
- Interior Features: Ceiling Fan(s), Crown Molding, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Internet Available - Unknown, Stone/Granite/Solid Counters, Walk-In Closet(s), Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Owner
- Year Built Details: Actual
- Zoning: Ttf
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Amenities
- Community Features: Public Transportation, Shopping
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $679,100
- Taxes: $7,796
- Tax Year: 2025
- Total Rent: $7,400
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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 LAER Realty Partners.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.