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INVESTMENT SNAPSHOT
About this property
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!
Property details
| Units | 3 |
| Living area | 3,978 sqft |
| Lot size | 3,920 sqft |
| Year built | 1900 |
| Price / sqft | $201 |
| County | Middlesex |
| MLS # | 73575702 |
Listing status
| Days on market | 0 days |
| Listed on | September 10, 2026 |
Taxes & financials
| Annual property tax | $8,175 |
| Tax year | 2025 |
| Assessed value | $712,100 |
| Zoning | TMU |
| Gross income (actual) | $82,800/yr |
| Net operating income (actual) | $69,300/yr |
| Total actual rent | $6,900/mo |
Building & lot
| Stories | 3 |
| Total rooms | 17 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Off Street |
| Basement | Full, Interior Entry, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Laminate, Hardwood |
Utilities & systems
| Heating | Forced Air, Natural Gas, Baseboard |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | Varies per Unit |
| Appliances | Range, Dishwasher, Refrigerator |
Location
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 1384-1386 Gorham St, Lowell MA 01852 have?
It is a 3-unit multi-family property with 3,978 sqft of living area, built in 1900.
How long has 1384-1386 Gorham St, Lowell MA 01852 been on the market?
1384-1386 Gorham St, Lowell MA 01852 has been listed for 0 days (since September 10, 2026).
What is the price per unit?
At a list price of $799,900 across 3 units, that works out to roughly $266,633 per unit.
What are the property taxes on 1384-1386 Gorham St, Lowell MA 01852?
Annual property taxes are $8,175 (2025), on an assessed value of $712,100.
What is the price per square foot?
At $799,900 for 3,978 sqft, that's about $201 per square foot.
Is there parking?
2 total parking spaces (off street).
Where is this property located?
1384-1386 Gorham St, Lowell MA 01852 is in Lowell, Middlesex County, MA 01852.
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