Cathryn Schwab

Broker Associate | License ID: REB.0019852

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$ 685,000

$ 629,000 8.9%

Est. payment -/mo

Sold on 06/27/2025

118 & 120 Gates St Lowell, MA 01851

7 Beds

2 Baths

2,793 SqFt

UPDATED:

Key Details

Sold Price $685,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,793 sqft

Price per Sqft $245

MLS Listing ID 73372165

Sold Date 06/27/25

Bedrooms 7

Full Baths 2

Year Built 1925

Annual Tax Amount $5,074

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Multi Family

Property Description

Excellent investment opportunity for this two-family home in the Highlands neighborhood of Lowell. Ideally situated on corner lot just minutes from shops, restaurants, parks, schools, public transportation and easily accessible to highway, this is a perfect location for both owner-occupants and investors alike. First unit has 3 bedrooms. Second unit has 4 bedrooms, laundry hook up and solar panels that were installed Fall 2024. Paved driveway provides ample parking plus a storage shed for added convenience. Customize and add value over time while benefiting from passive income. Live in one, rent the other or rent both for solid income potential!

Location

State MA

County Middlesex

Area Highlands

Zoning TMF

Direction Westford St to Bellevue St to Thayer St to Gates St

Rooms

Basement Unfinished

Interior

Interior Features Ceiling Fan(s), Pantry, Living Room, Kitchen, Laundry Room

Heating Natural Gas, Electric

Flooring Wood

Appliance Range, Refrigerator, Range Hood

Laundry Washer & Dryer Hookup

Exterior

Roof Type Shingle

Total Parking Spaces 4

Garage No

Building

Lot Description Corner Lot

Story 4

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Lincoln

Middle Schools Stoklosa

High Schools Lowell High

Others

Senior Community false

Listed by Pailin Realty
Bought with Juan Concepcion • Realty ONE Group Nest

Cathryn Schwab

Broker Associate | License ID: REB.0019852

+1(401) 787-5694

GET MORE INFORMATION