$10,000 Closing Credit¹
#73349756, Kevin Benzinger, Listing Office: Boston Realty Advisors
$1,200,000 List price
8 Cherry St Lowell, MA 01852
$10,000
Closing credit¹
12 beds
6 full
4,334 sqft
0.05 acres
$277 / sqft
Multi-Family
Property details
About 8 Cherry St
A straight forward 6 family with many recent updates and renovations. All units are 2 bedrooms with four units already rented out. Many recent updates include kitchens, flooring, bathrooms, systems, electrical, fire alarm monitoring, security cameras and more. Parking on Chapel and Linden St as well as public transportation within walking distance from the building. One long term tenant at below market rent and two vacant units with many recent updates. The other three occupied units also with recent extensive renovations. This provides the opportunity for a new investor to rent out the vacant units and raise the rent on the below market unit for instant value added.
Highlights
Home typeMulti Family
HeatingBaseboard
StatusActive
Size4,334 sqft
BasementYes
Lot size0.05 Acres
Year built1920
ParkingPaved Drive
MLS #73361237
Summary
- Full Bathrooms: 6
- Basement: Yes
- Interior: Living Room, Kitchen
- Total Bedroom Count: 12
- Parking: Paved Drive
- Heating: Baseboard
- List Price: $1,200,000
- Price/SqFt: $276
- Annual Tax Amount: $9,971
- Tax Year: 2024
- Directions: Lowell Connector to Gorham St, then Linden St to Cherry St
- Year Built: 1920
- Stories: 11
- Living Area: 4,334 SqFt
- Lot Size: 0.05 Acres
- MLS Number: 73361237
- MLS Name: MLS Property Information Network
- Office Name: Winterspring Real Estate, LLC
- Office Phone: (617) 586-8430
- Listing Agent: Eric DiNicola
Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2025, 8:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,200,000
8 Cherry St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 17, 2022 | Home Sold | $960,000 |
| Dec 05, 2008 | Home Sold | $52,000 |
| Jun 23, 1992 | Home Sold | $39,489 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $837,200 | $9,971 |
| 2023 | $825,800 | $10,256 |
| 2022 | $697,900 | $8,856 |
| 2021 | $615,600 | $8,286 |
| 2020 | $606,900 | $8,108 |
| 2019 | $471,000 | $6,613 |
History based on county public records data.
Nearby schools
2
Moody Elementary School
Public District KG-4
0.5 mi
•158 Rogers St
6
Abraham Lincoln
Public District PK-4
0.9 mi
•300 Chelmsford St
5
Charlotte M Murkland Elementary School
Public District PK-4
0.9 mi
•350 Adams St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,243. Most Lowell, MA residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
36%
<35k
59%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
41%
Single, No Kids
24%
Single, with Kids
18%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
9%
12-17 yrs old
29%
18-34 yrs old
33%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Soccer
Continuing Education Courses
Where do the neighbors shop?
Burlington
Forever 21
Express/Express For Men
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
Qdoba
What do the neighbors drive?
Dodge
Mazda
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 8 Cherry St in Lowell, MA and zip code 01852 in the Back Central neighborhood. This 4,334 square foot home, which was built in 1920, sits on a 0.05 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $1,200,000.
In April 2025, from all listings sold in Lowell, MA there were more than 25 sold above asking price, over 10 sold below and more than 7 were sold right at the asked price. The number of listings in Lowell, MA increased by 13.3% between March and April 2025. The median list price of listings available in April 2025 was $480,000, while the average time on the real estate market was 21 days.
From Rocket Homes Real Estate and based on county public records data.