$2,700 monthly rent, $32,400 annual rental income. That has been the situation for the current owner until they decide to sell one week ago. Each unit has 2 bedrooms with another room for office or kids playroom, all windows are upgraded recently, vinyl siding, both lead-paint compliance letters at hand, separated utilities, gas for both cooking and heating, with 3 - 4 off-street parkings. Currently vacant and freshly painted and cleaned. With this price, it is great for either investors with almost hands-free maintenance or owner-occupied one unit to have another unit rent pay for most of the mortgage.
Multi-familyProperty Type
1920Year Built
2,262 sq ftLot Size
$284Est. Price/Sq.Ft.
3 spacesParking
Listed by Mei Zhou• Coldwell Banker Residential Brokerage - Andover
Bought with Mei Zhou• Coldwell Banker Residential Brokerage - Andover
Nice two-family sitting at the corner of a quiet street. Both units have two-bedroom with an extra office room, each tenant pays $900 per month with below market values (the tenants are owner’s relatives), with new ownership, the rents can go much higher. Vinyl siding, three off-street parking and one permit on-street parking, new roof in 2009, heating and cooking all by gas, five-minute to the Lowell connector, it is great for either owner-occupied or investor.
MLS PIN #70238698
Sep 8, 2005
Sold
$254,900
$130/sq ft
Aug 15, 2005
Listing Removed
—
Aug 8, 2005
Listed
$249,900
$127/sq ft
Great opportunity for the investor or owner occupant. Nice two family with carefree vinyl siding and off street parking for 2-3 cars. Newer forced hot air heating system on the first floor. Second floor is heated by steam by gas. 100 amp, circuit breakers. Don't let this opportunity pass you by.
Year
Property tax
Land + Additions
Assessment*
2025
$4,479 (+7.5%)
$96,300 + $293,900
$390,200
2024
$4,167 (+7.5%)
$90,000 + $259,900
$349,900
2023
$3,875 (+11.7%)
$78,300 + $233,700
$312,000
2022
$3,469 (+7.8%)
$61,900 + $211,500
$273,400
2021
$3,218 (+7.2%)
$53,800 + $185,300
$239,100
2020
$3,002 (+2.6%)
$53,800 + $170,900
$224,700
2019
$2,926 (+7.3%)
$51,200 + $157,200
$208,400
2018
$2,727 (+3.9%)
$48,700 + $140,800
$189,500
2017
$2,624 (+3.2%)
$47,300 + $128,600
$175,900
2016
$2,542 (+8.0%)
$43,900 + $123,800
$167,700
2015
$2,353 (+8.2%)
$43,900 + $108,100
$152,000
2013
$2,175 (−0.6%)
$52,600 + $92,300
$144,900
2012
$2,189 (+0.3%)
$55,900 + $92,300
$148,200
2011
$2,182 (+0.1%)
$59,200 + $93,700
$152,900
2010
$2,179 (−4.3%)
$60,500 + $103,700
$164,200
2009
$2,276
$69,700 + $125,200
$194,900
Tax history for 3 Gates
Year
Property tax
Land + Additions
Assessment*
2025
$4,479 (+7.5%)
$96,300 + $293,900
$390,200
2024
$4,167 (+7.5%)
$90,000 + $259,900
$349,900
2023
$3,875 (+11.7%)
$78,300 + $233,700
$312,000
2022
$3,469 (+7.8%)
$61,900 + $211,500
$273,400
2021
$3,218 (+7.2%)
$53,800 + $185,300
$239,100
2020
$3,002 (+2.6%)
$53,800 + $170,900
$224,700
2019
$2,926 (+7.3%)
$51,200 + $157,200
$208,400
2018
$2,727 (+3.9%)
$48,700 + $140,800
$189,500
2017
$2,624 (+3.2%)
$47,300 + $128,600
$175,900
2016
$2,542 (+8.0%)
$43,900 + $123,800
$167,700
2015
$2,353 (+8.2%)
$43,900 + $108,100
$152,000
2013
$2,175 (−0.6%)
$52,600 + $92,300
$144,900
2012
$2,189 (+0.3%)
$55,900 + $92,300
$148,200
2011
$2,182 (+0.1%)
$59,200 + $93,700
$152,900
2010
$2,179 (−4.3%)
$60,500 + $103,700
$164,200
2009
$2,276
$69,700 + $125,200
$194,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
2,178 Sq. Ft.
Year renovated
—
Sq. Ft.
1,965
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
3185516
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
TMF
Traditional Neighborhood Multi-Family District
Traditional Neighborhood Residential Districts are designed to preserve, promote, and enhance the pedestrian-scale character of Lowell’s historic residential neighborhoods. All three encourage moderately-sized lots and prohibit large-scale developments. The TSF district emphasizes single-family homes, the TTF district also allows two-family homes, while the TMF also allows three-family homes and up to 6-unit multi-family developments by special permit. To encourage neighborhood stability and owner-occupancy, special provisions are provided for single-family developments in the TTF and TMF zones.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mixed use
Public service
Educational/school
Library
Museum / gallery
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 3
Parking Features: Paved Drive, Off Street, On Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 2
Basement Information
Basement: Full, Walk-Out Access, Concrete
Interior Features
# of Rooms (Total): 10
Flooring: Vinyl, Laminate, Hardwood, Wood
Interior Features: Lead Certification Available, Kitchen, Living RM/Dining RM Combo, Office/Den
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 1,965
Foundation Details: Block, Stone
Construction Materials: Frame
Stories (Total): 2
Year Built Source: Public Records
Year Built Details: Actual,Under Construction
Color: LT Yellow
Lead Paint: Certified Treated
Exterior Features
Roof: Shingle
Property Information
PropertySubType: 2 Family - 2 Units Up/Down
Lot Information
Lot Size (Acres): 0.05
Lot Features: Corner Lot
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $2,925.94
Tax Year: 2019
Utilities
Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Electric: 110 Volts
Heating & Cooling
Has Heating
Has Cooling
Heating: Forced Air, Natural Gas, Baseboard
Heating Units: 2
Cooling: Window Unit(s)
Cooling Units: 0
Location
Location Information
Directions: Westford --> Gates
UnparsedAddress: 3 Gates, Lowell MA 01851
Community Information
Senior CommunityYN: No
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,965
Stories: 2.0
Lot Size: 2,178 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: —
County: Middlesex County
APN: 3185516
Home facts updated by county records on Jul 16, 2026
Other
Miscellaneous Information
Heat Zones: 2
Listing Information
StandardStatus: Closed
Around this home
Schools
Kathryn P. Stoklosa Middle School
Public 5-8 • Assigned • 0.4mi
7/10
Lowell High School
Public 9-12 • Assigned • 0.8mi
4/10
Bartlett Community Partnership School
Public PreK-8 • Assigned • 0.7mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 96° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Lowell, MA • 01851
Average low and high temperatures (°F)
33
17
36
19
51
30
61
39
69
49
81
60
86
64
82
58
77
54
65
43
52
34
38
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$531,000 – $643,000
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