Sold for $635,000

$635,000

1240 Gorham St, Lowell, MA 01852

6beds

2,961sqft

2 Family - 2 Units Up/Down

Built in 1930

-- sqft lot

$636,400 Zestimate^®

$214/sqft

$2,186 Estimated rent

Home value

$636,400

$585,000 - $694,000

$2,186/mo

Zestimate^® history

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$2,186/mo

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$3,980/mo

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$3,980/mo

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What's special

Newly paved drivewayLarge and level lotPlenty of outdoor spaceComfortable two bedroom layout

This fantastic two-family home offers the perfect blend of space, convenience, and investment potential. Situated on a large and level lot, this property provides plenty of outdoor space for parking, recreation, or entertaining. The first floor unit has a comfortable two bedroom layout with a kitchen, living room and one bathroom. The unit above spans two floors and has a total of four bedrooms and two full bathrooms. On the first floor of this unit there is a kitchen, living room, three bedrooms, and a full bathroom and on the second floor of the same unit there is a fourth bedroom, family room and another full bathroom. A detached two-car garage provides ample parking and storage, while the newly paved driveway adds extra convenience and curb appeal. Ideally located close to major highways, public transportation, and hospitals will make this a perfect option for all types of buyers.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Natural Gas, Baseboard

Features

Ceiling Fan(s), Bathroom With Tub, Living Room, Kitchen, Family Room
Flooring: Wood, Tile, Vinyl, Varies, Hardwood
Basement: Full,Interior Entry
Has fireplace: No

Interior area

Total structure area: 2,961
Total interior livable area: 2,961 sqft
Finished area above ground: 2,961

Property

Parking

Total spaces: 12
Parking features: Paved Drive, Off Street, Paved
Garage spaces: 2
Uncovered spaces: 10

Lot

Size: 8,712 Square Feet
Features: Level

Details

Parcel number: M:186 B:2675 L:1240,3191356
Zoning: TMU

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 Family - 2 Units Up/Down

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1930

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Park, Medical Facility, Laundromat, Highway Access, Public School, University

Location

Region: Lowell

Financial & listing details

Price per square foot: $214/sqft
Tax assessed value: $527,700
Annual tax amount: $6,285
Date on market: 12/29/2025
Total actual rent: 3100

Price history

Date	Event	Price
5/1/2025	Sold	$635,000+5.8%$214/sqft
Source: MLS PIN #73341082 Report a problem
3/19/2025	Contingent	$600,000$203/sqft
Source: MLS PIN #73341082 Report a problem
3/4/2025	Listed for sale	$600,000+142.9%$203/sqft
Source: MLS PIN #73341082 Report a problem
8/26/2015	Sold	$247,000-1.2%$83/sqft
Source: Public Record Report a problem
7/6/2015	Pending sale	$249,900$84/sqft
Source: Ready RE, LLC #71866688 Report a problem
7/2/2015	Listed for sale	$249,900+28.2%$84/sqft
Source: Ready RE, LLC #71866688 Report a problem
10/26/2010	Sold	$195,000$66/sqft
Source: Public Record Report a problem
8/26/2010	Listed for sale	$195,000+25.4%$66/sqft
Source: Martin Pratte #71072531 Report a problem
9/1/2009	Sold	$155,500+11.1%$53/sqft
Source: Public Record Report a problem
6/4/2009	Sold	$140,000$47/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,733 +7.1%	$586,500 +11.1%
2024	$6,285 +7.6%	$527,700 +12.3%
2023	$5,839 +16.2%	$470,100 +26%
2022	$5,023	$373,200
2021	$5,023 +8.1%	$373,200 +7.3%
2020	$4,647 +7%	$347,800 +12.4%
2019	$4,344 +6.6%	$309,400 +9.3%
2018	$4,075 +5.6%	$283,200 +9.5%
2017	$3,858 +2.7%	$258,600 +4.3%
2016	$3,758	$247,900