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Active

8 Cherry St, Lowell MA 01852

$1,125,000

Estimated $2,662/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $187,500

Total Rent: 79500/year

Estimated CAP Rate:

12 Bedrooms

Baths

4334

Total Parking: 0

2,178 (0.05)

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 Sat 7/11 & Sun 7/12 11am-12pm

This home has been viewed 23 times

Last Checked: July 15th, 2026 at 8:28am (Source: MLS PIN #73528099)

Gross Income: $79,500

Gross Expenses: $10,052

Net Income Calc: $69,448

Annual Expenses for 8 Cherry St, Lowell MA 01852

Total Gross Expenses (Calculated)$10,052/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10052

Annual Income & Unit Breakdown for 8 Cherry St, Lowell MA 01852

Total Gross Income (Calculated)$79,500

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Rent Includes

General Information for 8 Cherry St, Lowell MA 01852

Listing ID73528099

Property TypeMulti Family / 5+ Family

Price1125000 ($259.58/SqFt)

Style5-9 Family

CityLowell

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total4334

Approximate Lot Size (Acres)0.05

Total Parking0

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningUMF

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 8 Cherry St, Lowell MA 01852

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

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 8 Cherry St, Lowell MA 01852

Real Estate Taxes10052

Tax Year2025

Assessed Value$875,600

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 8 Cherry St, Lowell MA 01852

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 8 Cherry St, Lowell MA 01852

Agent

Name: Candor Investment Group

Office

Name: eXp Realty LLC

Phone: 888-854-7493

Team Members

Payment Calculator

, Interest

Property Taxes 837.67

Principal & Interest 6931.89

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty LLC

Candor Investment Group

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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    [unparsed] => 8 Cherry St, Lowell MA 01852
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EXIT

29 More Photos

Active

8 Cherry St, Lowell MA 01852

$1,125,000

Annual Expenses for 8 Cherry St, Lowell MA 01852

Annual Income & Unit Breakdown for 8 Cherry St, Lowell MA 01852

General Information for 8 Cherry St, Lowell MA 01852

Disclosures for 8 Cherry St, Lowell MA 01852

Financial Information for 8 Cherry St, Lowell MA 01852

Location Information for 8 Cherry St, Lowell MA 01852

Contact Information for 8 Cherry St, Lowell MA 01852

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

eXp Realty LLC

Candor Investment Group