Kelly Dimbat
Lamacchia Realty, Inc.
(781) 557-4147
119 Total Sales
2 in Back Central
$575K - $670K Price Range
8 Cherry St Lowell, MA 01852
Back Central Neighborhood
12
Beds
6
Baths
4,334
Sq Ft
2,178
Sq Ft Lot
Highlights
- Medical Services
- Community Pool
- Park
- Property is near golf course, public transit, and schools
- Jogging Path
- 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.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,394
Year Built
- Built in 1920
Lot Details
- 2,178
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 golf course, 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
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Operating Expense $31,483
- Net Operating Income $20,117
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 15, 2025
Closed on
Dec 5, 2025
Sold by
Bought by
Seller's Agent
Spencer Norton
Horvath & Tremblay
Buyer's Agent
Spencer Norton
Horvath & Tremblay
List Price
$975,000
Sold Price
$875,000
Premium/Discount to List
-$100,000
-10.26%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$991,000
Outstanding Balance
$585,494
Interest Rate
6.18%
Mortgage Type
Unknown
Purchase Details
Listed on
Mar 4, 2022
Closed on
May 13, 2022
Sold by
Bought by
Seller's Agent
Patrick Hermans
J. Borstell Real Estate, Inc.
Buyer's Agent
Laurence Tamkin
Boston Commercial Realty
List Price
$850,000
Sold Price
$960,000
Premium/Discount to List
$110,000
12.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.57%
Original Mortgage
$2,450,000
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 5, 2008
Sold by
Bought by
Purchase Details
Closed on
May 10, 2006
Sold by
Bought by
Purchase Details
Closed on
Jun 23, 1992
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Back Central, MA
-
Kelly Dimbat
-
Jucelia Oliveira
Jucelia Oliveira
Delmaschio Group Realty
(781) 670-5516
61 Total Sales
1 in Back Central
$680,000 Price
-
Lynda Wilkes
Lynda Wilkes
RE/MAX Innovative Properties
(351) 208-2569
71 Total Sales
1 in Back Central
$320,000 Price
-
Luciane Ortis
Luciane Ortis
Debella Realty
(351) 208-2519
146 Total Sales
3 in Back Central
$490K - $736K Price Range
-
Jill McGowan
Jill McGowan
Silver Key Homes Realty
(844) 741-9445
74 Total Sales
1 in Back Central
$863,000 Price
-
Juan Jaramillo
Juan Jaramillo
(857) 465-4065
60 Total Sales
1 in Back Central
$554,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $875,000 | -- | ||
| $960,000 | None Available | ||
| -- | -- | ||
| $52,000 | -- | ||
| -- | -- | ||
| $10,000 | -- | ||
| $39,489 | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $991,000 | ||
| Closed | $720,000 | ||
| Previous Owner | $2,450,000 | ||
| Previous Owner | $300,000 | ||
| Closed | $200,000 | ||
| Closed | $277,500 |
Source: Public Records
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 | 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
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 | $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
Seller's Agent in 2025
Spencer Norton
Horvath & Tremblay
(781) 776-4524
3 in this area
30 Total Sales
-
Patrick Hermans
Seller's Agent in 2022
Patrick Hermans
J. Borstell Real Estate, Inc.
(978) 580-7157
1 in this area
45 Total Sales
-
E
Seller Co-Listing Agent in 2022
Eric Paul
J. Borstell Real Estate, Inc.
-
Laurence Tamkin
Buyer's Agent in 2022
Laurence Tamkin
Boston Commercial Realty
(617) 922-4121
4 in this area
24 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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