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INVESTMENT SNAPSHOT
About this property
Great investment opportunity with this six (6) 2-Bed/1-Bath units. Extremely low maintenance with great cash flow. 4 out of the 6 units and common areas have been completely remodeled in the past few months. 5 brand new heating systems. Sprinklers and alarm monitoring systems are a few years old. The Property is separately metered for electricity and gas-powered heat and hot water, which tenants pay directly. The Landlord is responsible for common area electric and providing domestic water and sewer. The Property is a centrally located offering strong tenant appeal through its easy access to downtown amenities, neighborhood services, and recreational destinations. It is conveniently situated near major roadways, including Interstate 495, the Lowell Connector, and U.S. Route 3. Open House: 6/6 - 11-12.30 and 6/7 - 10.30-11.30.
Property details
| Units | 6 |
| Living area | 4,334 sqft |
| Lot size | 2,178 sqft |
| Year built | 1920 |
| Price / sqft | $288 |
| County | Middlesex |
| MLS # | 73528099 |
Listing status
| Days on market | 4 days |
| Listed on | June 2, 2026 |
Taxes & financials
| Annual property tax | $10,052 |
| Tax year | 2025 |
| Assessed value | $875,600 |
| Zoning | UMF |
| Gross income (actual) | $101,700/yr |
| Net operating income (actual) | $101,700/yr |
| Total actual rent | $6,625/mo |
Building & lot
| Stories | 3 |
| Total rooms | 24 |
| Lot size | 0.05 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Foundation | Other |
| Roof | Rubber |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Lowell →
Listing courtesy of eXp Realty — Candor Investment Group. 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 8 Cherry St, Lowell MA 01852 have?
It is a 6-unit multi-family property with 4,334 sqft of living area, built in 1920.
How long has 8 Cherry St, Lowell MA 01852 been on the market?
8 Cherry St, Lowell MA 01852 has been listed for 4 days (since June 2, 2026).
What is the estimated cap rate on this 6-family in Lowell?
Based on area median rents, the estimated cap rate is about 7.7%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,250,000 across 6 units, that works out to roughly $208,333 per unit.
What are the property taxes on 8 Cherry St, Lowell MA 01852?
Annual property taxes are $10,052 (2025), on an assessed value of $875,600.
What is the price per square foot?
At $1,250,000 for 4,334 sqft, that's about $288 per square foot.
Where is this property located?
8 Cherry St, Lowell MA 01852 is in Lowell, Middlesex County, MA 01852.
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