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!
| Units | 2 |
| Living area | 4,426 sqft |
| Lot size | 6,534 sqft |
| Year built | 1930 |
| Price / sqft | $140 |
| County | Middlesex |
| MLS # | 73572740 |
| Days on market | 0 days |
| Listed on | September 8, 2026 |
| Annual property tax | $9,463 |
| Tax year | 2025 |
| Assessed value | $824,300 |
| Zoning | TSF |
| Gross income (actual) | $30,000/yr |
| Net operating income (actual) | $30,000/yr |
| Total actual rent | $2,500/mo |
| Insurance expense | $1,500/yr |
| Stories | 2 |
| Total rooms | 12 |
| Lot size | 0.15 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Off Street, On Street, Paved |
| Basement | Full, Bulkhead, Concrete |
| Foundation | Stone, Granite |
| Roof | Shingle, Rubber |
| Construction | Frame |
| Flooring | Wood, Tile, Vinyl / VCT, Carpet, Laminate, Hardwood |
| Heating | Hot Water, Steam, Natural Gas |
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Gas Oven |
| Appliances | Range, Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer |
More about investing in Lowell →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 4,426 sqft of living area, built in 1930.
48 Gertrude Ave, Lowell MA 01851 has been listed for 0 days (since September 8, 2026).
At a list price of $619,900 across 2 units, that works out to roughly $309,950 per unit.
Annual property taxes are $9,463 (2025), on an assessed value of $824,300.
At $619,900 for 4,426 sqft, that's about $140 per square foot.
6 total parking spaces (paved drive, off street, on street, paved).
48 Gertrude Ave, Lowell MA 01851 is in Lowell, Middlesex County, MA 01851.

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.