Active
1 Days on market
48 Gertrude Ave Lowell — Photo 1 of 37

48 Gertrude Ave Lowell — Photo 1 of 37

$619,900

48 Gertrude Ave, Lowell, MA 01851

Lowell, MA 01851

Beds

6

Baths

2

SqFt

4,426

Style

2 Family - 2 Units Up/Down

Built

1930

Attention investors!! Looking for the most affordable two family in the upper Highlands with plenty of rental income potential? Great long term tenants on the 2nd floor of 15 years who really want to stay. Renovate first floor for yourself and let the tenants help with your mortgage while giving it your finishing touches. This place has 3 spacious bedrooms on each floor with high ceilings, full walk up attic, off street parking, a gas generator for the first floor unit, two 100 amp electric panels, vinyl siding, Harvey windows, newer water tanks and 2 furnaces that are ten years old. Walk to Tyler Park for summer concerts, on the bus route and 5 minute ride to the train station, and just minutes to NH for tax free shopping. Group showing Wednesday from 4 to 6 PM or make appointment on showing time. First floor is vacant, and 24 hr appt required for second floor. This gem will not last!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$140/sqft
Local Avg (Lowell)$253/sqft
45% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lowell, MA.

Property Details

Financials

Original Price$619,900
Annual Taxes$9,463

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms12
FireplacesNone
FlooringWood, Tile, Vinyl / VCT, Carpet, Laminate, Hardwood
BasementFull, Bulkhead, Concrete

Climate & Utilities

HeatingHot Water, Steam, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationStone, Granite
ZoningTSF

Property & Lot

Acres0.15
SqFt Lot6,534
Lot FeaturesLevel

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Laundromat

Geography

Population

33,403

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$92K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

56.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Kevin Durkin

Listing Office: LAER Realty Partners

MLS® Number: 73572740

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