8 Cherry St, Lowell, MA 01852
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$1,250,000
6 Unit
12 Beds
6 Baths
4334 SQFT
0.05 Acre

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 tap to expand

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: 06/02/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/02/2026New$1,250,000$288MLSPIN
12/08/2025Sold$875,000$202MLSPIN
11/06/2025Under Agreement$975,000$225MLSPIN
10/19/2025Active$975,000$225MLSPIN
10/15/2025New$975,000$225MLSPIN
07/14/2025Canceled$1,200,000$277MLSPIN
04/21/2025Active$1,200,000$277MLSPIN
04/17/2025New$1,200,000$277MLSPIN

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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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MLS PIN data last updated at 2026-06-02 14:48:00