Two-Family Property with Walk-Up
New
For Sale
$619,900
48 Gertrude Ave, Lowell, MA 01851
The vacant first-floor unit offers flexibility alongside an established second-floor tenancy.
Property Size4,426 SF
Price / SF$140.06
Days on Market2
Property Features for 48 Gertrude Ave
General Information
Standard status
Active
Size
4,426 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
TSF
Net Operating Income
$30,000
Property Condition
Severity
Repairs Needed
Evidence
Renovate first floor
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,463
Building Details
Building Size
4,426 SF
Year Built
1930
Buildings
1
Stories
2
Listing Agency:
LAER Realty Partners
Listed By:
Kevin Durkin
Source:
Laerrealty
Added: Sep 9
Last Checked: Sep 9 at 3:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LAER Realty Partners
Investment Insights
Based on property information with market context.
This two-family property contains 4,426 square feet and was built in 1930. Each floor includes three bedrooms and high ceilings, with a full walk-up attic adding storage space. The first-floor unit is vacant, while the second-floor residence has a tenant who has remained for 15 years. Off-street parking, vinyl siding, Harvey windows, and a gas generator serving the first-floor unit are included. The building also has two 100-amp electric panels, newer water tanks, and two furnaces that are 10 years old.
First-floor appliances include a dishwasher, washer and dryer, garbage disposal, and microwave, each identified as 5 years old. The property is zoned TSF and sits on a bus route. Tyler Park is within walking distance, the train station is described as a 5-minute ride away, and New Hampshire is a short drive for tax-free shopping.
First-floor appliances include a dishwasher, washer and dryer, garbage disposal, and microwave, each identified as 5 years old. The property is zoned TSF and sits on a bus route. Tyler Park is within walking distance, the train station is described as a 5-minute ride away, and New Hampshire is a short drive for tax-free shopping.
Key Highlights
- 4,426‑square‑foot two‑family property built in 1930
- Three bedrooms on each floor with high ceilings
- First‑floor unit is vacant; second‑floor tenant has remained 15 years
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
590
Businesses Nearby
Explore this area
Business Placement
Demographics for 01851, MA
32,691
Population
11,759
Households
2.8
Avg Household Size
34
Median Age
32%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
10,216
Density / Sq Mi
$87,962
Median Household Income
$46,388
Median Earnings
$1,686
Median Rent
$432,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - The vacant first-floor unit offers flexibility alongside an established second-floor tenancy.
Where is this duplex located?
The property is located at 48 Gertrude Ave Lowell, MA.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: 4,426‑square‑foot two‑family property built in 1930; Three bedrooms on each floor with high ceilings; First‑floor unit is vacant; second‑floor tenant has remained 15 years
