$2,899,000

Estimated payment $16,738/month

-- Bed
23 Baths
14,700 Sq Ft
$197 Price per Sq Ft

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Corner Lot
  • 0.13 Acre Lot
  • Wood Flooring
  • Park

About This Home

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.

Listing Agent

Spiro Skinsacos

LAER Realty Partners Listed on: 04/23/2026

LAER Realty Partners

Co-Listing Agent

Charlie Skinsacos

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,421

Year Built

  • Built in 1888

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 23 Full Bathrooms
  • 14,700 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Open Parking Spaces
  • 3 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit and schools

Utilities

  • Separate Meters
  • 200+ Amp Service
  • 60 Amp Service

Community Details

Amenities

  • Medical Services
  • Coin Laundry

Recreation

  • Park

Additional Features

  • 18 Units
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,421

Year Built

Built in 1888

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - Rooming House
  • Year Built: 1888
  • Levels: 4
  • Year Built Details: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood, Tile, Vinyl, Carpet
  • Fireplace YN: No
  • Basement YN: Yes
  • Full Bathrooms: 23
  • Total Bathrooms: 23
  • Basement: Full, Interior Entry
  • Above Grade Finished Sq Ft: 14700
  • Living Area: 14700
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: AN1199

Exterior Features

  • Construction Materials: Frame, Brick
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 3
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, 60 Amps/Less, 200+ Amp Service, Common, Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
  • Senior Community YN: No

Lot Info

  • Zoning: UMU
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 16421

Multi Family

  • Net Operating Income: 24000
  • Number Of Units Total: 18
  • Total Actual Rent: 2000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,996 $783,600 $252,000 $531,600
2024 $9,060 $760,700 $252,000 $508,700
2023 $9,048 $728,500 $252,000 $476,500
2022 $0 $714,700 $252,000 $462,700
2021 $0 $691,800 $252,000 $439,800
2020 $17,288 $645,800 $252,000 $393,800
2019 $0 $632,100 $252,000 $380,100
2018 $0 $599,900 $252,000 $347,900
2017 $0 $586,100 $252,000 $334,100
2016 $8,143 $572,400 $252,000 $320,400
2015 $8,143 $572,400 $252,000 $320,400
2013 $8,143 $542,500 $288,000 $254,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2026 04/23/26 For Sale $2,899,000 -- $197 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73506453

MLS Property Information Network (MLS PIN)

APN: LOWE M:000180 T:H03470

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