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$1,250,000
Total Beds: 12 Total Baths: 6
Total Units: 6 SQFT: 4334
LOT size: 0.05 Acres
8 Cherry St
Lowell, MA 01852
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Property Description

Great investment opportunity with this six (6) 2-Bed/1-Bath units. Extremely low maintenance with great cash flow. 4 out of the 6 units and common areas have been completely remodeled in the past few months. 5 brand new heating systems. Sprinklers and alarm monitoring systems are a few years old. 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. The Property is a centrally located offering strong tenant appeal through its easy access to downtown amenities, neighborhood services, and recreational destinations. It is conveniently situated near major roadways, including Interstate 495, the Lowell Connector, and U.S. Route 3. Open House: 6/6 and 6/7 11-12.30.

Property Details

Building Information

  • Total Units: 6
  • Total Floors: 3
  • Total Bedrooms: 12
  • Total Full Baths: 6
  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, University, Walk/Jog Trails

Financial

  • APOD Available: No
  • Gross Operating Income: 101700
  • Net Operating Income: 101700

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No

Unit 4 Description

  • Under Lease: Yes

Construction

  • Year Built: 1920
  • Type: 5-9 Family
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73528099
  • Last Updated: 06/05/26

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Map

Seller's Representative: Candor Investment Group, eXp Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
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 2026-06-05 09:49:00