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101-107 Gorham Street, Lowell MA 01852

Lowell, MA 01852 • Downtown
$2,899,000
Est. $16,227/month
23
Baths
14,700
Sq Ft
$197
Price/Sq Ft
0.13
Acres
1888
Year Built
3
Parking
31
Days on Market
Pending Listed Apr 23, 2026 • MLS# 73506453 Copied! • Updated May 26, 2026

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.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
May 12, 2026
Active → Active Under Contract
Pending Sale
May 12, 2026
Offer accepted, sale pending
👁️
Showing Instructions Updated
May 3, 2026
New showing requirements
🏠
Listed for Sale
Apr 23, 2026
$2,899,000
Original listing
Agent: Spiro Skinsacos Office: LAER Realty Partners

Tax History

Year Taxes Assessment
2026 $16,421 $1,430,400

Financial Details

Annual Property Tax
$16,421
Tax Year 2026
Assessed Value
$1,430,400

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - Rooming House
Year Built 1888
Living Area 14,700 sq ft
Lot Size 0.13 acres
Full Baths 23
Total Rooms 60

Investment Metrics

Units 18
Unit 1 Rent $1,000/mo · N
Unit 2 Rent $1,000/mo · N
Total Monthly Rent $2,000/mo
Gross Income $24,000
Net Operating Income $24,000
Cap Rate 0.83%
Heating None
Cooling None
Flooring Wood, Tile, Vinyl, Carpet
Appliances None
Fireplace None
Basement Full, Interior Entry
Laundry None
Features None
Construction Frame, Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 3
Electric Circuit Breakers, 60 Amps/less, 200+ Amp Service, Common, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $16,421
Assessed Value $1,430,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color Red
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 33 days

Property Overview

Property Type
5+ Family - Rooming House
Listing Type
For Sale
Year Built
1888
Full Bathrooms
23
Living Area
14,700 sq ft
Total Rooms
60
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Vinyl, Carpet
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full, Interior Entry
Laundry:
Security:

Construction & Materials

Year Built: 1888
Structure Type:
Exterior Materials: Frame, Brick
Roof: Rubber
Foundation: Brick/Mortar
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot, Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street
School District
Lowell School District local
C-
School Safety 2024-25
3.0% Above Average
2.8% Suspensions 0.8% In-School 0.2% Emergency
2.5% below state avg
E

Elementary Schools

3 schools
B
Lowell Community Charter Public School
0.2 mi | #158 of 352 | Score: 43.9
Improved 29 spots from last year
-14.3 below state avg
816 students Diverse
Rising School Diverse Student Body
Grades PK-08
B
Rogers STEM Academy
0.2 mi | #8 of 16 | Score: 33.9
Improved 265 spots from last year
-24.3 below state avg
892 students Diverse
Rising School Diverse Student Body
Grades K-08
Hellenic American Academy
0.4 mi
Grades PK-08
M

Middle Schools

3 schools
B-
Kathryn P. Stoklosa Middle School
0.8 mi | #198 of 352 | Score: 40.6
Improved 18 spots from last year
-17.6 below state avg
613 students Diverse
Diverse Student Body
Grades 05-08
C-
Benjamin F. Butler Middle School
1.1 mi | #303 of 352 | Score: 31.0
Dropped 47 spots from last year
-27.2 below state avg
516 students Very Diverse
Diverse Student Body
Grades 05-08
Laura Lee Therapeutic Day School
1.2 mi
15 students Diverse
Diverse Student Body
Grades 01-08
H

High Schools

3 schools
F
Lowell Middlesex Academy Charter School
0.3 mi | #339 of 346 | Score: 21.1
Improved 7 spots from last year
-37.1 below state avg
126 students Diverse
College Ready Curriculum Diverse Student Body
Grades 09-12
Old Colony Y Lowell Revocation Program
0.7 mi
Grades 09-12
F
The Career Academy
0.8 mi | #25 of 25 | Score: 14.1
Improved 363 spots from last year
-44.1 below state avg
83 students Diverse
Rising School Diverse Student Body
Grades 09-12
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Loan Amount
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,368
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

Downtown

101-107 Gorham Street, Lowell MA 01852

Lowell, MA 01852

Listing Information

Listing Agent Spiro Skinsacos
Listing Office LAER Realty Partners
Office Phone 844-687-5237
Agent MLS ID G8002601
Office MLS ID AN5442
Listing Data Updated May 26, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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