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Sold on 11/06/2025

8 Cherry St, Lowell, MA 01852

$875,000

Last sold 11/06/2025 after 22 Days

  • 12

    bed

  • 6

    bath

  • 4,334

    Sqft ($202/Sqft)

Multi-family not for sale
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About 8 Cherry St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 2,178 Sqft
Movoto estimate
Property description
8 Cherry Street contains six (6) 2-Bedroom/1-Bathroom units. The Property is a centrally located multifamily property offering strong tenant appeal through its walkable access to downtown amenities, neighborhood services, and recreational destinations. The property is conveniently situated near major roadways, including Interstate 495, the Lowell Connector, and U.S. Route 3. The Property is separately metered for electricity and gas-powered heat and hot water, which tenants pay directly. The Landlord is responsible for common area electric and providing domestic water and sewer. Additionally, three units will be delivered vacant, allowing for prospective buyers to immediately renovate units and get rents to market.
Listed by
Listing Agent - Spencer Norton
Listing Office - Horvath & Tremblay
Source: MLS Property Information Network, Inc. mls logo
MLS#73444131 • last updated 9 months ago
Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago
Overview
Levels/Style 3, 3
MLS # 73444131
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 4334
Lot Size (SqFt) 2178
Lot Size (Acres) 0.05
Annual Property Tax 10394
Year Built 1920
Interior
Total # of Bathrooms 6
# Full Baths 6
Total # of Bedrooms 12
Total # of Rooms 24
Exterior
Foundation Other
Roof Rubber
Lot Desc Other
Amenities / Utilities
Sewer Public Sewer
Electricity Individually Metered
Water Source Public
Location
County Middlesex
Community Features Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House Of Worship, Private School, Public School, T-Station, University
Zoning UMF
APN 3190467
Directions Please Use GPS.
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water)
Net Operating Income 20117
Operating Expense 31483
Total Actual Rent 4300
Gross Income 51600
$868K
Range: $781K-$954K
Last 30 days 
  • Jul 2026
    mls logo MLS # 73528099
  • Jul 14, 2026 Price Change
    $1,125,000 (-6.2%)
  • Jul 7, 2026 Price Change
    $1,199,000 (-4.1%)
  • Jun 2, 2026 Listed
    $1,250,000 (+42.9%)
  • Dec 2025
    mls logo MLS # 73444131
  • Dec 8, 2025 Sold
    $875,000 (-10.3%)
  • Oct 15, 2025 Listed
    $975,000 (-18.8%)
  • Apr 2025
    mls logo MLS # 73361237
  • Apr 17, 2025 Listed
    $1,200,000 (+25.0%)
  • Jun 2022
    mls logo MLS # 72949080
  • Jun 7, 2022 Sold
    $960,000 (+12.9%)
  • Mar 24, 2022 Active
    —
  • Mar 4, 2022 Listed
    $850,000 (+1534.6%)
  • Dec 2008
    Public Records
  • Dec 5, 2008 Sold
    $52,000
  • Year Property taxes Tax assessment
  • 2025
    $10,052 +0.8%
    $875,600 +4.59%
  • 2024
    $9,971 -2.8%
    $837,200 +1.38%
  • 2023
    $10,256 +15.8%
    $825,800 +18.33%
  • 2022
    $8,856 +6.9%
    $697,900 +13.37%
  • 2021
    $8,286 +2.2%
    $615,600 +1.43%
  • 2020
    $8,108
    $606,900
  • 8 Cherry St
    $875K
  • Back Central
    $481K +38% y/y
  • 01852
    $542K +32% y/y
  • Lowell
    $499K +12% y/y
No chart available
Statistics calculated by Movoto

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5/10
Moody Elementary School
public Grades PK, K-4
Lowell School District
4/10
Abraham Lincoln Elementary School
public Grades PK, K-4
Lowell School District
2/10
Shaughnessy Elementary School
public Grades PK, K-4
Lowell School District
5/10
Benjamin F. Butler Middle School
public Grades 5-8
Lowell School District
3/10
Lowell High School
public Grades 9-12
Lowell School District
Source: GreatSchools.org © 2026. All rights reserved.

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