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Sold for $765,000
  • $765,000

    111 Gershom Ave, Lowell, MA 01854

    5beds
    2,354sqft
    3 Family - 3 Units Up/Down
    Built in 1905
    -- sqft lot
    $779,400 Zestimate®
    $325/sqft
    $2,398 Estimated rent

    Home value

    $779,400

    $717,000 - $842,000

    $2,398/mo

    Zestimate® history
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    $2,398/mo

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    $4,898/mo

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    $4,898/mo

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    What's special

    Are you looking for a turnkey three-family in an area with strong rental demand? Located just a quarter mile from UMass Lowell and minutes from Lowell General Hospital and downtown, this vacant and move-in ready property is perfect for investors or owner-occupants. All three units have Certificates of Deleading Compliance, offering peace of mind and access to a broader tenant pool. Interiors are clean and functional, ready for immediate occupancy. Situated on a large lot, the property also features non-tandem off-street parking for each unit — a rare and valuable convenience in this area. With strong rental comps and a prime location, this is a smart investment opportunity in a high-demand market. Offers, if any, due Tuesday 6/10 at 5 pm

    Zillow last checked:

    Listing updated:

    Listed by:

    Candor Realty Group 978-710-5616,

    Four Points Real Estate, LLC 888-944-5827,

    Chris Johnson 978-604-9076

    Bought with:

    Kristi Gjikondi

    Gjikondi Realty

    Source: MLS PIN,MLS#: 73385237

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Features
    • Basement: Full,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 2,354
    • Total interior livable area: 2,354 sqft
    • Finished area above ground: 2,354
    • Finished area below ground: 882

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved Drive, Off Street
    • Uncovered spaces: 6
    Features
    • Patio & porch: Patio
    Lot
    • Size: 4,356 Square Feet
    Details
    • Parcel number: 3182158
    • Zoning: TMF

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family - 3 Units Up/Down
    Materials
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation, Medical Facility, Laundromat, Public School, University
    Location
    • Region: Lowell

    Financial & listing details

    • Price per square foot: $325/sqft
    • Tax assessed value: $597,600
    • Annual tax amount: $6,860
    • Date on market: 1/3/2026
    • Total actual rent: 0
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/4/2025Sold$765,000+2%$325/sqft
    Source: MLS PIN #73385237 Report a problem
    6/14/2025Contingent$749,900$319/sqft
    Source: MLS PIN #73385237 Report a problem
    6/4/2025Listed for sale$749,900+524.9%$319/sqft
    Source: MLS PIN #73385237 Report a problem
    3/2/2000Sold$120,000$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,860 +6.6%$597,600 +10.6%
    2024$6,437 +3.9%$540,500 +8.3%
    2023$6,198 +23.4%$499,000 +33.7%
    2022$5,022 $373,100
    2021$5,022 +9.8%$373,100 +9%
    2020$4,572 +2.8%$342,200 +8.1%
    2019$4,446 +8.7%$316,700 +11.4%
    2018$4,090 +5.4%$284,200 +9.3%
    2017$3,879 +13.6%$260,000 +15.5%
    2016$3,414 $225,200
    Find assessor info on the county website

    Neighborhood: Pawtucketville

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $779,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $779,400