Active
2 Days on market
1384-1386 Gorham St Lowell — Photo 1 of 41

1384-1386 Gorham St Lowell — Photo 1 of 41

$799,900

1384-1386 Gorham St, Lowell, MA 01852

Lowell, MA 01852 — South Lowell

Beds

9

Baths

3

SqFt

3,978

Style

3 Family

Built

1900

Welcome to 1384-1386 Gorham St, a solid income-producing 3-unit property situated nicely on a corner lot on the Lowell-Chelmsford border. This oversized property features 9+ bedrooms, 3 full baths, and nearly 4,000 sq feet of living space. Each unit occupies its own floor, with front and back entrances, and separate utilities. Units 1 and 2 both have a living room, eat-in kitchen, 3+ bedrooms, and a full bath. Unit 3 on the 3rd floor is similar with 3 bedrooms. Notable feature include: stucco siding, a 1 year old roof, plumbing updates, a Letter of Full DELEADING Compliance, gas heat, a low-maintenance fenced front yard, and a full basement for storage. A great opportunity to purchase a cash-flowing multi-family with a lot to offer!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$201/sqft
Local Avg (Lowell)$273/sqft
26% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Lowell, MA.

Property Details

Financials

Original Price$799,900
Annual Taxes$8,175

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms17
FireplacesNone
FlooringWood, Laminate, Hardwood
BasementFull, Interior Entry, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas, Baseboard
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningTMU

Property & Lot

Acres0.09
SqFt Lot3,920
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Highway Access • Public School • University

Geography

Population

37,144

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$81K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

55.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Katy Barry

Listing Office: Coldwell Banker Realty - Lowell

MLS® Number: 73575702

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