Active
142 Days on market
101-107 Gorham Street Lowell — Photo 1 of 42

101-107 Gorham Street Lowell — Photo 1 of 42

$2,899,000

Investment Analysis — 101-107 Gorham Street

Lowell, MA 01852 — Downtown

Based on rent reported on the MLS listing, a 18-unit multi-family in 01852 carries $2,000/mo in gross rent — about a 0.06% cap rate and $1,819/yr in estimated NOI at the $2,899,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

23

SqFt

14,700

Style

5+ Family - Rooming House

Built

1888

BACK ON MARKET — PREVIOUS SALE DID NOT CLOSE DUE TO SELLER FINANCING TERMS NOT BEING FINALIZED.Mixed-use investment opportunity in a highly visible Lowell location on Gorham Street. 101–107 Gorham Street is a two-building, four-level mixed-use asset with strong street presence and excellent visibility, featuring ground-floor commercial space with residential units above, offering scale and long-term flexibility. 101 Gorham Street contains approximately 18 studio-style residential units, while 107 Gorham Street consists of a vacant residential space configured in a rooming-house style layout with potential for future rental use or reconfiguration (buyer to verify all use, zoning, and occupancy). The property benefits from consistent traffic, prominent frontage, and convenient access to Downtown Lowell, the Lowell Connector, public transportation, and nearby retail and dining amenities. Rare opportunity to acquire a substantial mixed-use asset with long-term upside in an active and evolving market. Buyer and buyer’s agent to perform all due diligence.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$2,899,000
Annual Taxes$16,421

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms60
FireplacesNone
FlooringWood, Tile, Vinyl, Carpet
BasementFull, Interior Entry

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick
RoofRubber
FoundationBrick/Mortar
ZoningUMU

Property & Lot

Acres0.13
SqFt Lot5,663
Lot FeaturesCorner Lot, Level

Neighborhood

Public Transportation • Park • Medical Facility • Laundromat • Highway Access • House of Worship

Geography

Property History

Listed
$2,899,000

Apr 23, 2026

MLS® 73506453

Listed
$2,899,000

Apr 23, 2026

MLS® 73506338

Listing Provided By

Listing Agent: Spiro Skinsacos

Listing Office: LAER Realty Partners

MLS® Number: 73506453