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1384-1386 Gorham St, Lowell MA 01852

$799,900

Estimated $1,978/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $266,633.33

Total Rent: 82800/year

Estimated CAP Rate:

9 Bedrooms

Baths

3978

Total Parking: 2

3,920 (0.09)

***GROUP SHOWING: SATURDAY Sept 19th between 1-2pm. Will show as many units as possible***Welcome to 1384-1386 Gorham St, a solid income-producing 3-unit property situated nicely on a corner lot on the Lowell-Chelmsford border. This oversized property features 9+ bedrooms, 3 full baths, and nearly 4,000 sq feet of living space. Each unit occupies its own floor, with front and back entrances, and separate utilities. Units 1 and 2 both have a living room, eat-in kitchen, 3+ bedrooms, and a full bath. Unit 3 on the 3rd floor is similar with 3 bedrooms. Notable feature include: stucco siding, a 1 year old roof, plumbing updates, a Letter of Full DELEADING Compliance, gas heat, a low-maintenance fenced front yard, and a full basement for storage. A great opportunity to purchase a cash-flowing multi-family with a lot to offer!

This home has been viewed 1 time

Last Checked: September 18th, 2026 at 9:33am (Source: MLS PIN #73575702)

Gross Income: $82,800

Gross Expenses: $8,175

Net Income Calc: $74,625

Water Views

Annual Expenses for 1384-1386 Gorham St, Lowell MA 01852

Total Gross Expenses (Calculated)$8,175/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8175

Annual Income & Unit Breakdown for 1384-1386 Gorham St, Lowell MA 01852

Total Gross Income (Calculated)$82,800

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms3 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 1384-1386 Gorham St, Lowell MA 01852

Listing ID73575702

Property TypeMulti Family / 3 Family

Price799900 ($201.08/SqFt)

Style3 Family

CityLowell

CountyMiddlesex

MLS AreaSouth Lowell

Neighborhood(s)

Approximate Living Area Total3978

Approximate Lot Size (Acres)0.09

Total Parking2

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningTMU

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 1384-1386 Gorham St, Lowell MA 01852

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

Financial Data SourceEstimated

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 1384-1386 Gorham St, Lowell MA 01852

Real Estate Taxes8175

Tax Year2025

Assessed Value$712,100

Financial Data SourceEstimated

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 1384-1386 Gorham St, Lowell MA 01852

Neighborhood(s)

MLS AreaSouth Lowell

Area AmenitiesWalk/jog Trails

Contact Information for 1384-1386 Gorham St, Lowell MA 01852

Agent

Name: Katy Barry

Office

Name: Coldwell Banker Realty - Lowell

Phone: 603-334-1900

Payment Calculator

, Interest

Property Taxes 681.25

Principal & Interest 4928.73

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Lowell

Katy Barry

Agent Phone

Office Phone

(603) 334-1900

Text Agent Call Agent Call Office

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EXIT

38 More Photos

Active

1384-1386 Gorham St, Lowell MA 01852

$799,900

Annual Expenses for 1384-1386 Gorham St, Lowell MA 01852

Annual Income & Unit Breakdown for 1384-1386 Gorham St, Lowell MA 01852

General Information for 1384-1386 Gorham St, Lowell MA 01852

Disclosures for 1384-1386 Gorham St, Lowell MA 01852

Financial Information for 1384-1386 Gorham St, Lowell MA 01852

Location Information for 1384-1386 Gorham St, Lowell MA 01852

Contact Information for 1384-1386 Gorham St, Lowell MA 01852

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Lowell

Katy Barry