Mixed-use investment opportunity in a highly visible Lowell location on Gorham Street. 101–107 Gorham Street is a two-building, four-level mixed-use asset with strong street presence and excellent visibility, featuring ground-floor commercial space with residential units above, offering scale and long-term flexibility. 101 Gorham Street contains approximately 18 studio-style residential units, while 107 Gorham Street consists of a vacant residential space configured in a rooming-house style layout with potential for future rental use or reconfiguration (buyer to verify all use, zoning, and occupancy). The property benefits from consistent traffic, prominent frontage, and convenient access to Downtown Lowell, the Lowell Connector, public transportation, and nearby retail and dining amenities. Rare opportunity to acquire a substantial mixed-use asset with long-term upside in an active and evolving market. Buyer and buyer’s agent to perform all due diligence.
This home has been viewed 8 times
Last Checked: May 27th, 2026 at 5:13am (Source: MLS PIN #73506453)
Gross Income: $24,000
Gross Expenses: $16,421
Net Income Calc: $7,579
Annual Expenses for 101-107 Gorham Street, Lowell MA 01852
Total Gross Expenses (Calculated)$16,421/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax16421
Annual Income & Unit Breakdown for 101-107 Gorham Street, Lowell MA 01852
Total Gross Income (Calculated)$24,000
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 101-107 Gorham Street, Lowell MA 01852
Listing ID73506453
Property TypeMulti Family
Price2899000 ($197.21/SqFt)
Style5+ Family - Rooming House
CityLowell
CountyMiddlesex
MLS AreaDowntown
Neighborhood(s)
Approximate Living Area Total14700
Approximate Lot Size (Acres)0.13
Total Parking3
Garage Parking0
Year Built1888
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningUMU
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 101-107 Gorham Street, Lowell MA 01852
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTenants Washer And Dryer In The Basement.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 101-107 Gorham Street, Lowell MA 01852
Real Estate Taxes16421
Tax Year2026
Assessed Value$1,430,400
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 101-107 Gorham Street, Lowell MA 01852
Neighborhood(s)
MLS AreaDowntown
Area AmenitiesWalk/jog Trails
Contact Information for 101-107 Gorham Street, Lowell MA 01852