101-107 Gorham Street, Lowell MA 01852
Lowell, MA 01852 • Downtown
$2,899,000
Est. $16,227/month
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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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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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/12/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 05/12/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 05/03/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 04/23/2026 | 🏠 Listed for Sale | $2,899,000 | - | - | Original listing |
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%
Interior
Heating
None
Cooling
None
Flooring
Wood, Tile, Vinyl, Carpet
Appliances
None
Fireplace
None
Basement
Full, Interior Entry
Laundry
None
Features
None
Exterior
Construction
Frame, Brick
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street
Total Spaces
3
Utilities
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
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
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
Sale Pending
Year Built
1888
Full Bathrooms
23
Living Area
14,700 sq ft
Total Rooms
60
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
14,700 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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
Nearby Schools
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
Elementary Schools
10 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
Immaculate Conception School
0.5 mi
Grades PK-08
St. Patrick School and Educational Center
0.7 mi
Grades PK-08
St. Michael Elementary School
0.9 mi
Grades PK-08
Lowell Youth Treatment Center
1.0 mi
Grades 01-12
C
Bartlett Community Partnership School
1.1 mi
|
#266 of 352
|
Score: 34.8
Improved 20 spots from last year
-23.4 below state avg
408 students
Very Diverse
Rising School
Diverse Student Body
Grades PK-08
St. Louis Elementary School
1.1 mi
Grades PK-08
Community Christian Academy
1.4 mi
Grades PK-12
Middle Schools
7 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
C-
Henry J Robinson Middle School
1.3 mi
|
#288 of 352
|
Score: 32.5
Improved 31 spots from last year
-25.7 below state avg
600 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
C
James Sullivan Middle School
1.4 mi
|
#267 of 352
|
Score: 34.8
Improved 38 spots from last year
-23.5 below state avg
625 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
B+
James S Daley Middle School
1.8 mi
|
#120 of 352
|
Score: 47.3
Improved 55 spots from last year
-10.9 below state avg
669 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
C
Dr. An Wang School
2.2 mi
|
#255 of 352
|
Score: 35.9
Improved 38 spots from last year
-22.3 below state avg
663 students
Very Diverse
Rising School
Diverse Student Body
Grades 05-08
High Schools
4 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
D
Leblanc Therapeutic Day School
1.3 mi
|
#376 of 346
|
Score: 32.8
Same rank as last year
36 students
Diverse
Diverse Student Body
Grades 09-12
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Monthly Payment Breakdown
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Homeowners Insurance
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95% Interest
Year 15
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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
Jul 28, 2026 4:31 PM 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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