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$629,000
Total Beds: 7 Total Baths: 2
Total Units: 2 SQFT: 2793
LOT size: 0.13 Acres
118 & 120 Gates St
Lowell, MA 01851
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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!

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 7
  • Total Full Baths: 2
  • Basement Features: Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Ceiling Fans, Pantry
  • Common Appliances: Range, Refrigerator, Vent Hood, Washer & Dryer Hookup
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Heat Pump, Space Heater

Financial

  • APOD Available: No

Utilities

  • Heat Zones: 2
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1925
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73372165
  • Last Updated: 05/13/25

Mortgage Calculator

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Map

Seller's Representative: Bonieta Lach, Pailin Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-05-13 17:02:00

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