118-120 Gates St

Lowell, MA 01851

$629,000
Price
7
Beds
2,793 Sq. Ft.
$225 / Sq. Ft.
2,793
Sq. Ft.
$225
per 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....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!
  1. Listed by Bonieta Lach • Pailin Realty
  2. Listed by Rasy An • Pailin Realty

Property Details for 118-120 Gates Street

Town
Lowell
MLS Area
Highlands
Area
MA-Lowell-Highlands, MA-Lowell
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 06/16/2025 09:43 AM

Property Details for 118-120 Gates Street

StatusUnder Agreement
MLS #73372165
Days on Market19
Taxes$5,074 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1925
CountyMiddlesex County

Location

Listing Courtesy of Pailin Realty, Bonieta Lach; Pailin Realty, Rasy An
Add your commute

Building Information for 118-120 Gates Street

Stories4Residences2Year Built1925Building Size-Lot Size0.13 AC / 5,663 SF

Payment Calculator

$3,718 per month

30 year fixed, 6.845% Interest

Principal and Interest

$3,296

Property Taxes

$423

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 118-120 Gates Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 2793.0
  • Color: Beige
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Lincoln
  • High School: Lowell High
  • Middle School: Stoklosa
Features
Interior Features
  • Appliances: Range, Refrigerator, Range Hood
  • Basement Features: Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • Interior Features: Ceiling Fan(s), Pantry, Living Room, Kitchen, Laundry Room
  • Laundry Features: Washer & Dryer Hookup
  • SpaYN: No
Exterior Features
  • Exterior Features: Porch
  • Lot Description: Corner Lot
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Paved Driveway
  • Parking Features: Paved Driveway
Utilities
  • Heating: Natural Gas, Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Home being sold as-is. Information deem reliable but is not guaranteed. Property includes additional bathroom that is unpermitted on 3rd floor. Buyers/buyers’ agent to do due diligence. First unit vacant,seller occupying second unit,both units will be delivered vacant.
Tax Information
  • Tax ID: M:142 B:2565 L:118
  • Assessments: $426,000
  • Book: 33108
  • Tax Year: 2024
  • Zoning: TMF
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone
  • Levels: 4
  • Heat Units: 2
  • Heat Zones: 2
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 118-120 Gates Street

DateEvent & SourcePriceAppreciation
May 27, 2025

Under Agreement

MLS PIN #73372165

May 13, 2025

Contingent

MLS PIN #73372165

May 8, 2025

Listed (Active)

MLS PIN #73372165

$629,000
Jan 6, 2012

Sold

MLS PIN #71308599

$185,000
Dec 6, 2011

Under Agreement

MLS PIN #71308599

Dec 6, 2011

Contingent

MLS PIN #71308599

Nov 4, 2011

Listed (Active)

MLS PIN #71308599

$209,900
Nov 3, 2008

Expired

MLS PIN #70804043

$239,900
Aug 7, 2008

Listed (Active)

MLS PIN #70804043

$239,900
DateEvent & SourcePrice
05/27/2025

Under Agreement

MLS PIN #73372165

05/13/2025

Contingent

MLS PIN #73372165

05/08/2025

Listed (Active)

MLS PIN #73372165

$629,000
01/06/2012

Sold

MLS PIN #71308599

$185,000
12/06/2011

Under Agreement

MLS PIN #71308599

12/06/2011

Contingent

MLS PIN #71308599

11/04/2011

Listed (Active)

MLS PIN #71308599

$209,900
11/03/2008

Expired

MLS PIN #70804043

$239,900
08/07/2008

Listed (Active)

MLS PIN #70804043

$239,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 118-120 Gates Street

This home is within Lowell School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 4
Public - PK to 4
Public - PK to 4
Rating
School
Distance
C.W. Morey Elementary School
PublicPK to 4

Charlotte M Murkland Elementary School
PublicPK to 4

Moody Elementary School
PublicPK to 4

Abraham Lincoln Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pailin Realty, Bonieta Lach; Pailin Realty, Rasy An

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.