Sold for $685,000

$685,000

118 & 120 Gates St, Lowell, MA 01851

7beds

2,793sqft

Multi Family

Built in 1925

-- sqft lot

$-- Zestimate^®

$245/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

Owner options

List your home for rent

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

Refinance and save

$4,269/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$4,269/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Corner lotPaved driveway

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!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas, Electric

Appliances

Included: Range, Refrigerator, Range Hood
Laundry: Washer & Dryer Hookup

Features

Ceiling Fan(s), Pantry, Living Room, Kitchen, Laundry Room
Flooring: Wood
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 2,793
Total interior livable area: 2,793 sqft
Finished area above ground: 2,793

Property

Parking

Total spaces: 4
Parking features: Paved Drive, Paved
Uncovered spaces: 4

Features

Patio & porch: Porch

Lot

Size: 5,663 Square Feet
Features: Corner Lot

Details

Parcel number: M:142 B:2565 L:118
Zoning: TMF

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Stone
Roof: Shingle

Condition

Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Lowell

Financial & listing details

Price per square foot: $245/sqft
Tax assessed value: $426,000
Annual tax amount: $5,074
Date on market: 1/8/2026
Total actual rent: 0

Price history

Date	Event	Price
6/27/2025	Sold	$685,000+8.9%$245/sqft
Source: MLS PIN #73372165 Report a problem
5/13/2025	Contingent	$629,000$225/sqft
Source: MLS PIN #73372165 Report a problem
5/9/2025	Listed for sale	$629,000$225/sqft
Source: MLS PIN #73372165 Report a problem