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8 Cherry St, Lowell MA 01852

Lowell, MA 01852
$875,000
12
Beds
6
Baths
4,334
Sq Ft
$202
Price/Sq Ft
0.05
Acres
1920
Year Built
21
Days on Market
Closed Listed Oct 15, 2025 • MLS# 73444131 Copied! • Updated Dec 8, 2025

Sale Statistics

Sale Overview
Original List Price: $975,000
Final Sale Price: $875,000
Difference: $100,000 (-10.3%)
Performance Metrics
89.7%
List to Sale Ratio
Sold below asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $225
Sale $/sq ft: $202
This property sold for $202 per square foot
Sale Summary

This property sold for 10.3% below the original asking price.

With only 21 days on market, this was a quick sale compared to typical market conditions.

About this home

8 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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Recently Sold Nearby

Property History

Market Insights

18.7%
Price Range

Property Timeline

Current Active Listing - MLS #73528099
Full transaction history available when tracking began
🏡
Currently Listed
Jun 2, 2026
$1,199,000
MLS #73528099 - Active
Sold
Dec 8, 2025
Property sold
🏠
Listed for Sale
Oct 15, 2025
$975,000
Original listing
Agent: Spencer Norton Office: Horvath & Tremblay

Tax History

Year Taxes Assessment
2025 $10,394 $875,600

Financial Details

Annual Property Tax
$10,394
Tax Year 2025
Assessed Value
$875,600

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1920
Living Area 4,334 sq ft
Lot Size 0.05 acres
Bedrooms 12
Full Baths 6
Total Rooms 24

Investment Metrics

Units 6
Unit 1 Rent $1,550/mo · Y
Unit 2 Rent $1,550/mo · Y
Total Monthly Rent $3,100/mo
Gross Income $51,600
Net Operating Income $20,117
Operating Expenses $31,483
Cap Rate 2.06%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,394
Assessed Value $875,600
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 22 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
12
Full Bathrooms
6
Living Area
4,334 sq ft
Total Rooms
24
Stories
3
Levels
3

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:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation: Other
Stories: 3

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: Other
Road Surface:

Parking & Garage

Parking Features:
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

10 schools
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
B
Lowell Community Charter Public School
0.3 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
Immaculate Conception School
0.6 mi
Grades PK-08
Hellenic American Academy
0.6 mi
Grades PK-08
St. Patrick School and Educational Center
0.8 mi
Grades PK-08
St. Michael Elementary School
1.0 mi
Grades PK-08
Lowell Youth Treatment Center
1.1 mi
Grades 01-12
C
Bartlett Community Partnership School
1.2 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
B
Pyne Arts School
1.3 mi | #174 of 352 | Score: 42.6
Improved 52 spots from last year
-15.6 below state avg
462 students Diverse
Rising School Diverse Student Body
Grades PK-08
St. Louis Elementary School
1.3 mi
Grades PK-08
M

Middle Schools

7 schools
C-
Benjamin F. Butler Middle School
0.9 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
B-
Kathryn P. Stoklosa Middle School
1.0 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
Laura Lee Therapeutic Day School
1.1 mi
15 students Diverse
Diverse Student Body
Grades 01-08
C
James Sullivan Middle School
1.3 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
C-
Henry J Robinson Middle School
1.5 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
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
2.3 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
H

High Schools

4 schools
F
Lowell Middlesex Academy Charter School
0.5 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
0.8 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
1.1 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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Location

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Neighborhood

8 Cherry St, Lowell MA 01852

Lowell, MA 01852

Listing Information

Listing Agent Spencer Norton
Listing Office Horvath & Tremblay
Office Phone 781-776-4000
Agent MLS ID CN230412
Office MLS ID AN2723
Listing Data Updated Dec 8, 2025 2:10 PM EST
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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