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1508 Gorham Street #102 Lowell — Photo 1 of 23

1508 Gorham Street #102 Lowell — Photo 1 of 23

$339,900

Investment Analysis — 1508 Gorham Street #102

Lowell, MA 01852

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-bedroom in 01852 carries an estimated $2,160/mo in gross rent — about a 2.98% cap rate and $10,137/yr in estimated NOI at the $339,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,015

Style

Condominium

Built

1986

Welcome Home to Unit 102. This garden-style condo features 2 bedrooms, 1 full & 1 half bath, with 1015 square feet of living space. Fresh paint and new carpeting & a new HVAC system(2025), & a newer hot water tank and newer roof (2024). Enjoy convenient elevator access from your parking space in the heated underground garage, along with the added benefit of your private outdoor balcony, Professionally managed & conveniently located on the Chelmsford line, this home is ideal for first-time buyers or those looking to downsize. Easy to show, so schedule your viewing today. Make Your Move!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$339,900
Annual Taxes$3,393.65
HOA Fee$514

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringCarpet, Laminate, Flooring - Wall to Wall Carpet
BasementN

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Highway Access • T-Station • University

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

19 x 12

Flooring - Wall to Wall Carpet, Balcony - Exterior, Cable Hookup, Slider

Kitchen
Lvl First

12 x 8

Flooring - Laminate, Pantry

Primary Bedroom
Lvl First

14 x 13

Bathroom - Half, Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First

13 x 11

Bathroom 1
Lvl First

7 x 5

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl

Bathroom 2
Lvl First

5 x 5

Bathroom - Half, Flooring - Laminate

Listing Provided By

Listing Agent: James D. Ryan

Listing Office: Coldwell Banker Realty - Haverhill

MLS® Number: 73582486