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118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
118 & 120 Gates St
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$685,000

118 & 120 Gates St

7 Beds 2 Baths 2,793 Sq.Ft.

Description

Excellent investment opportunity for this two-family home in the Highlands neighborhood of Lowell. Ideally situated on corner lot just minutes from shops, restaurants, parks, schools, public transportation and easily accessible to highway, this is a perfect location for both owner-occupants and investors alike. First unit has 3 bedrooms. Second unit has 4 bedrooms, laundry hook up and solar panels that were installed Fall 2024. Paved driveway provides ample parking plus a storage shed for added convenience. Customize and add value over time while benefiting from passive income. Live in one, rent the other or rent both for solid income potential!

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Location

118 & 120 Gates St, Lowell, MA 01851

Status

Sold
Juan Concepcion

Juan Concepcion

TITLE

REALTOR®

Property Amenities

Interior
Laundry room Washer Dryer Hookup
Appliances Range, Refrigerator, Range Hood
Flooring Wood
Total Bedrooms: 7
Full Bathrooms: 2
Other Interior Features Ceiling Fan(s), Pantry, Living Room, Kitchen, Laundry Room
Area & Lot
Lot Area 5,663 Sq.Ft.
Living area 2,793 Sq.Ft.
MLS® ID 73372165
Year Built 1925
High School Lowell High
Middle School Stoklosa
Elementary School Lincoln
Type Multi-Family
Status Sold
Exterior
Stories 4
Heat type Natural Gas, Electric
Water Source Public
Sewer Public Sewer
Parking Paved Drive, Paved
Lot Features Corner Lot
Roof Shingle
Finance
Sales Price $685,000
Real Estate Tax $5,074 yearly

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Whether you’re buying or selling, I’m here to guide you through every step of the process. With personalized service and a deep understanding of the market, I’ll ensure your real estate experience is smooth and successful.