C
Seller's Agent in 2025
Candor Realty Group
Four Points Real Estate, LLC
(978) 710-5616
6 in this area
393 Total Sales
111 Gershom Ave Lowell, MA 01854
Pawtucketville Neighborhood
5
Beds
3
Baths
2,354
Sq Ft
4,356
Sq Ft Lot
Highlights
- Medical Services
- Patio
- Coin Laundry
- Property is near public transit and schools
About This Home
As of August 2025Are you looking for a turnkey three-family in an area with strong rental demand? Located just a quarter mile from UMass Lowell and minutes from Lowell General Hospital and downtown, this vacant and move-in ready property is perfect for investors or owner-occupants. All three units have Certificates of Deleading Compliance, offering peace of mind and access to a broader tenant pool. Interiors are clean and functional, ready for immediate occupancy. Situated on a large lot, the property also features non-tandem off-street parking for each unit — a rare and valuable convenience in this area. With strong rental comps and a prime location, this is a smart investment opportunity in a high-demand market. Offers, if any, due Tuesday 6/10 at 5 pm
Last Agent to Sell the Property
Four Points Real Estate, LLC Listed on: 06/04/2025
Co-Listed By
Chris Johnson
eXp Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,860
Year Built
- Built in 1905
Home Design
- Triplex
- Stone Foundation
- Shingle Roof
Interior Spaces
- Property has 2 Levels
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Additional Features
- Patio
- 4,356 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number 3182158
Community Details
Overview
- 3 Units
Amenities
- Medical Services
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2025
Closed on
Aug 4, 2025
Sold by
Jmt Holdings Llc and Bombaci
Bought by
Katulege Peter K
Seller's Agent
Candor Realty Group
Four Points Real Estate, LLC
Buyer's Agent
Kristi Gjikondi
Gjikondi Realty
List Price
$749,900
Sold Price
$765,000
Premium/Discount to List
$15,100
2.01%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,333
Avg. Annual Appreciation
-22.42%
Original Mortgage
$726,750
Outstanding Balance
$724,410
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
-$43,743
Purchase Details
Closed on
Dec 20, 2024
Sold by
Bellerose Raymond and Bellerose Charlene
Bought by
Jmt Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
6.79%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 2, 2000
Sold by
Yang Chien-Nan and Yang Tsao Yu-Weng
Bought by
Bellerose Raymond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $765,000 | -- | |
| Deed | $765,000 | -- | |
| Quit Claim Deed | $500,000 | None Available | |
| Quit Claim Deed | $500,000 | None Available | |
| Quit Claim Deed | $500,000 | None Available | |
| Deed | $120,000 | -- | |
| Deed | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $726,750 | New Conventional | |
| Closed | $726,750 | New Conventional | |
| Previous Owner | $505,000 | Construction | |
| Previous Owner | $180,000 | No Value Available | |
| Previous Owner | $102,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Sold | $765,000 | +2.0% | $325 / Sq Ft |
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 06/04/2025 06/04/25 | For Sale | $749,900 | -- | $319 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,860 | $597,600 | $164,900 | $432,700 |
| 2024 | $6,437 | $540,500 | $143,900 | $396,600 |
| 2023 | $6,198 | $499,000 | $119,500 | $379,500 |
| 2022 | $5,760 | $453,900 | $108,700 | $345,200 |
| 2021 | $5,022 | $373,100 | $94,500 | $278,600 |
| 2020 | $4,572 | $342,200 | $88,300 | $253,900 |
| 2019 | $4,446 | $316,700 | $81,800 | $234,900 |
| 2018 | $4,090 | $284,200 | $77,900 | $206,300 |
| 2017 | $3,879 | $260,000 | $70,800 | $189,200 |
| 2016 | $3,414 | $225,200 | $59,300 | $165,900 |
| 2015 | $3,276 | $211,600 | $60,700 | $150,900 |
| 2013 | $2,997 | $199,700 | $74,900 | $124,800 |
Source: Public Records
Agents Affiliated with this Home
-
Candor Realty Group
-
C
Seller Co-Listing Agent in 2025
Chris Johnson
eXp Realty
-
Kristi Gjikondi
K
Buyer's Agent in 2025
Kristi Gjikondi
Gjikondi Realty
(781) 558-3465
1 in this area
30 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73385237
APN: LOWE-000114-002600-000111
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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