48 Gertrude Ave Lowell, MA 01851
Highlands NeighborhoodEstimated payment $4,226/month
Highlights
- Medical Services
- Property is near golf course, public transit, and schools
- Attic
- Deck
- Wood Flooring
- 3-minute walk to Tyler Park
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,463
Year Built
- Built in 1930
Lot Details
- 6,534 Sq Ft Lot
- Level Lot
- Garden
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
- Rubber Roof
- Marble or Granite Building Materials
Interior Spaces
- 4,426 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Insulated Windows
- Window Screens
- Insulated Doors
- Mud Room
- Living Room
- Dining Room
- Screened Porch
- Storage
- Basement Fills Entire Space Under The House
- Attic
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- ENERGY STAR Qualified Dryer
- ENERGY STAR Qualified Washer
Parking
- 6 Car Parking Spaces
- Driveway
- Paved Parking
- On-Street Parking
- 6 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Bulkhead
- Deck
Location
- Property is near golf course, public transit, and schools
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
- Heating System Uses Steam
- 100 Amp Service
Listing and Financial Details
- Rent includes unit 2(water)
- Assessor Parcel Number M:73 B:2610 L:48,3177033
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Bike Trail
Building Details
- Insurance Expense $1,500
- Water Sewer Expense $2,200
- Operating Expense $2,230
- Net Operating Income $30,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,463 | $824,300 | $169,800 | $654,500 |
| 2024 | $8,791 | $738,100 | $160,200 | $577,900 |
| 2023 | $8,176 | $658,300 | $139,200 | $519,100 |
| 2022 | $7,558 | $595,600 | $126,600 | $469,000 |
| 2021 | $7,002 | $520,200 | $110,100 | $410,100 |
| 2020 | $6,438 | $481,900 | $104,200 | $377,700 |
| 2019 | $5,786 | $412,100 | $101,100 | $311,000 |
| 2018 | $5,388 | $374,400 | $96,300 | $278,100 |
| 2017 | $4,968 | $333,000 | $79,600 | $253,400 |
| 2016 | $4,665 | $307,700 | $75,800 | $231,900 |
| 2015 | $4,299 | $277,700 | $75,800 | $201,900 |
| 2013 | $3,853 | $256,700 | $88,600 | $168,100 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/14/2026 09/14/26 | Pending | -- | -- | -- |
| 09/08/2026 09/08/26 | For Sale | $619,900 | -- | $140 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $15,000 | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73572740
APN: LOWE-000073-002610-000048
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Ask me questions while you tour the home.