Seller's Agent in 2025
Spencer Norton
Horvath & Tremblay
(781) 776-4524
3 in this area
22 Total Sales
8 Cherry St Lowell, MA 01852
Back Central Neighborhood
12
Beds
6
Baths
4,334
Sq Ft
2,178
Sq Ft
Highlights
- Golf Course Community
- Property is near public transit and schools
- Jogging Path
- Medical Services
- Community Pool
- 4-minute walk to South Common Park
About This Home
As of December 20258 Cherry Street contains six (6) 2-Bedroom/1-Bathroom units. The Property is a centrally located multifamily property offering strong tenant appeal through its walkable access to downtown amenities, neighborhood services, and recreational destinations. The property is conveniently situated near major roadways, including Interstate 495, the Lowell Connector, and U.S. Route 3. 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. Additionally, three units will be delivered vacant, allowing for prospective buyers to immediately renovate units and get rents to market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,394
Year Built
- Built in 1920
Home Design
- Rubber Roof
Interior Spaces
- 4,334 Sq Ft Home
- Property has 1 Level
- Basement
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Additional Features
- 2,178 Sq Ft Lot
- Property is near public transit and schools
- Separate Meters
Listing and Financial Details
- Total Actual Rent $4,300
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 3190467
Community Details
Overview
- 6 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Operating Expense $31,483
- Net Operating Income $20,117
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | Sold | $875,000 | -10.3% | $202 / Sq Ft | |
| 11/06/2025 11/06/25 | Pending | -- | -- | -- | |
| 10/15/2025 10/15/25 | For Sale | $975,000 | +1.6% | $225 / Sq Ft | |
| 05/19/2022 05/19/22 | Sold | $960,000 | +12.9% | $222 / Sq Ft | View Prior Sale |
| 03/08/2022 03/08/22 | Pending | -- | -- | -- | |
| 03/04/2022 03/04/22 | For Sale | $850,000 | -- | $196 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $10,052 | $875,600 | $96,400 | $779,200 |
| 2024 | $9,971 | $837,200 | $87,000 | $750,200 |
| 2023 | $10,256 | $825,800 | $75,600 | $750,200 |
| 2022 | $8,856 | $697,900 | $59,600 | $638,300 |
| 2021 | $8,286 | $615,600 | $51,900 | $563,700 |
| 2020 | $8,108 | $606,900 | $43,200 | $563,700 |
| 2019 | $6,613 | $471,000 | $40,000 | $431,000 |
| 2018 | $6,864 | $444,300 | $38,100 | $406,200 |
| 2017 | $6,820 | $457,100 | $41,600 | $415,500 |
| 2016 | $6,649 | $438,600 | $41,800 | $396,800 |
| 2015 | $6,356 | $410,600 | $41,800 | $368,800 |
| 2013 | $5,413 | $360,600 | $48,200 | $312,400 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer Norton
-
Patrick Hermans
Seller's Agent in 2022
Patrick Hermans
J. Borstell Real Estate, Inc.
(978) 580-7157
2 in this area
49 Total Sales
-
Eric Paul
E
Seller Co-Listing Agent in 2022
Eric Paul
J. Borstell Real Estate, Inc.
(254) 383-5521
1 in this area
9 Total Sales
-
Laurence Tamkin
Buyer's Agent in 2022
Laurence Tamkin
Boston Commercial Realty
(617) 922-4121
5 in this area
32 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73444131
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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