HomeLowell2 Family - 2 Units Up/Down48 Gertrude Ave, Lowell MA 01851
48 Gertrude Ave, Lowell MA 01851 — photo 1 of 371 / 37
$619,900
48 Gertrude Ave, Lowell MA 01851
2 units · 6 bd · 2 ba · 4,426 sqft · $309,950/unit
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INVESTMENT SNAPSHOT

Signal Score pending — we haven't seeded market rents for this ZIP (01851) yet.

About this property

Attention investors!! Looking for the most affordable two family in the upper Highlands with plenty of rental income potential? Great long term tenants on the 2nd floor of 15 years who really want to stay. Renovate first floor for yourself and let the tenants help with your mortgage while giving it your finishing touches. This place has 3 spacious bedrooms on each floor with high ceilings, full walk up attic, off street parking, a gas generator for the first floor unit, two 100 amp electric panels, newer dishwasher, washer and dryer garbage disposal and microwave on the first floor, all only 5 yrs old. Care free vinyl siding, Harvey windows, newer water tanks and 2 furnaces that are ten years old. Walk to Tyler Park for summer concerts, on the bus route and 5 minute ride to the train station, and just minutes to NH for tax free shopping. Group showing Wednesday from 4 to 6 PM or make appointment on showing time. First floor is vacant, and 24 hr appt required for second floor. This gem will not last!

Property details

Units2
Living area4,426 sqft
Lot size6,534 sqft
Year built1930
Price / sqft$140
CountyMiddlesex
MLS #73572740

Listing status

Days on market0 days
Listed onSeptember 8, 2026

Taxes & financials

Annual property tax$9,463
Tax year2025
Assessed value$824,300
ZoningTSF
Gross income (actual)$30,000/yr
Net operating income (actual)$30,000/yr
Total actual rent$2,500/mo
Insurance expense$1,500/yr

Building & lot

Stories2
Total rooms12
Lot size0.15 acres
Garage spaces0
Parking spaces6
ParkingPaved Drive, Off Street, On Street, Paved
BasementFull, Bulkhead, Concrete
FoundationStone, Granite
RoofShingle, Rubber
ConstructionFrame
FlooringWood, Tile, Vinyl / VCT, Carpet, Laminate, Hardwood

Utilities & systems

HeatingHot Water, Steam, Natural Gas
CoolingNone
SewerPublic Sewer
WaterPublic
Utilitiesfor Gas Range, for Gas Oven
AppliancesRange, Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer

Location

More about investing in Lowell

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 48 Gertrude Ave, Lowell MA 01851 have?

It is a 2-unit multi-family property with 4,426 sqft of living area, built in 1930.

How long has 48 Gertrude Ave, Lowell MA 01851 been on the market?

48 Gertrude Ave, Lowell MA 01851 has been listed for 0 days (since September 8, 2026).

What is the price per unit?

At a list price of $619,900 across 2 units, that works out to roughly $309,950 per unit.

What are the property taxes on 48 Gertrude Ave, Lowell MA 01851?

Annual property taxes are $9,463 (2025), on an assessed value of $824,300.

What is the price per square foot?

At $619,900 for 4,426 sqft, that's about $140 per square foot.

Is there parking?

6 total parking spaces (paved drive, off street, on street, paved).

Where is this property located?

48 Gertrude Ave, Lowell MA 01851 is in Lowell, Middlesex County, MA 01851.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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