For sale

$1,250,000

8 Cherry St, Lowell, MA 01852

12beds

4,334sqft

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5-9 Family

Built in 1920

-- sqft lot

$1,237,600 Zestimate^®

$288/sqft

$-- HOA

What's special

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 - 11-12.30 and 6/7 - 10.30-11.30.

29 days

429

17

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 6
Full bathrooms: 6

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 4,334
Total interior livable area: 4,334 sqft
Finished area above ground: 4,334

Property

Lot

Size: 2,178 Square Feet
Features: Other

Details

Parcel number: M:181 B:1200 L:8,3190467
Zoning: UMF

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Foundation: Other
Roof: Rubber

Condition

Year built: 1920

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Location

Region: Lowell

Financial & listing details

Price per square foot: $288/sqft
Tax assessed value: $875,600
Annual tax amount: $10,052
Date on market: 6/2/2026
Total actual rent: 6625

Estimated market value

$1,237,600

$1.18M - $1.30M

$2,099/mo

Price history

Date	Event	Price
6/2/2026	Listed for sale	$1,250,000+42.9%$288/sqft
Source: MLS PIN #73528099 Report a problem
12/8/2025	Sold	$875,000-10.3%$202/sqft
Source: MLS PIN #73444131 Report a problem
10/15/2025	Listed for sale	$975,000-18.8%$225/sqft
Source: MLS PIN #73444131 Report a problem
7/14/2025	Listing removed	$1,200,000$277/sqft
Source: MLS PIN #73361237 Report a problem
4/17/2025	Listed for sale	$1,200,000+25%$277/sqft
Source: MLS PIN #73361237 Report a problem
5/19/2022	Sold	$960,000+12.9%$222/sqft
Source: MLS PIN #72949080 Report a problem
3/8/2022	Contingent	$850,000$196/sqft
Source: MLS PIN #72949080 Report a problem
3/4/2022	Listed for sale	$850,000$196/sqft
Source: MLS PIN #72949080 Report a problem

Public tax history

Tax history is unavailable.

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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