Movoto Real Estate

101-107 Gorham St, Lowell, MA 01852

$2,899,000
•
  • —

    bed

  • 23

    bath

  • 14,700

    Sqft ($197/Sqft)

Multi-family for sale 188 days

About 101-107 Gorham St

Property type Multi-family
Neighborhood
Year built 1888
HOA fee $0/month
Lot size 5,663 Sqft
Movoto estimate
Rental estimate
Property description
BACK ON MARKET — PREVIOUS SALE DID NOT CLOSE DUE TO BUYER FINANCING TERMS NOT BEING FINALIZED.Mixed-use investment opportunity in a highly visible Lowell location on Gorham Street. 101–107 Gorham Street is a two-building, four-level mixed-use asset with strong street presence and excellent visibility, featuring ground-floor commercial space with residential units above, offering scale and long-term flexibility. 101 Gorham Street contains approximately 18 studio-style residential units, while 107 Gorham Street consists of a vacant residential space configured in a rooming-house style layout with potential for future rental use or reconfiguration (buyer to verify all use, zoning, and occupancy). The property benefits from consistent traffic, prominent frontage, and convenient access to Downtown Lowell, the Lowell Connector, public transportation, and nearby retail and dining amenities. Rare opportunity to acquire a substantial mixed-use asset with long-term upside in an active and evolving market. Buyer and buyer’s agent to perform all due diligence.
Listed by
Listing Agent - Spiro Skinsacos
Listing Office - LAER Realty Partners
Source: MLS Property Information Network, Inc. mls logo
MLS#73506453 • last updated 2 weeks ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
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Overview
Levels/Style 4, 4
MLS # 73506453
Type Residential Income
Status Active
SubType 5+ Family - Rooming House
SqFt 14700
Lot Size (SqFt) 5663
Lot Size (Acres) 0.13
Annual Property Tax 16421
Year Built 1888
Interior
Total # of Bathrooms 23
# Full Baths 23
Basement Full, Interior Entry
Total # of Rooms 60
Flooring Wood, Tile, Vinyl, Carpet
Window Features Insulated Windows
Exterior
Foundation Brick/Mortar
Roof Rubber
Construction Frame, Brick
Parking Desc Off Street
# Parking Spaces 3
Lot Desc Corner Lot, Level
Amenities / Utilities
Sewer Public Sewer
Electricity Circuit Breakers, 60 Amps/Less, 200+ Amp Service, Common, Individually Metered
Water Source Public
Location
County Middlesex
Community Features Public Transportation, Park, Medical Facility, Laundromat, Highway Access, House Of Worship, Public School, T-Station, University, Sidewalks
Zoning UMU
Directions Lowell Connector To Gorham St, Toward Downtown Lowell.
Multifamily Details
Net Operating Income 24000
Total Actual Rent 2000
Gross Income 24000
Lot/ Land Details
Road Frontage Public
Road Responsibility Public Maintained Road
Road Surface Paved
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Around Back Central

Explore everything this neighborhood has to offer. Learn more about Back Central.
86/100
Walk
78/100
Family
61/100
Dining
87/100
Pet
  • Real Estate
  • MA
  • Middlesex County
  • Lowell
  • 01852
  • Back Central
  • 101-107 Gorham St

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