120 Lakeview Ave, Lowell, MA 01850
120 Lakeview Ave, Lowell, MA 01850
120 Lakeview Ave, Lowell, MA 01850
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$830,000
Est. payment /mo
6 Beds
5 Baths
5,040 SqFt
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Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,040 sqft

Price per Sqft $164

MLS Listing ID 73488963

Bedrooms 6

Full Baths 4

Half Baths 2

Year Built 1930

Annual Tax Amount $6,134

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type 5-9 Family

Property Description

This well-positioned mixed-use asset presents a rare opportunity to acquire a diversified, income-producing property with both stability and upside. The building features two prominent street-level retail storefronts with established tenants, complemented by two one-bedroom and two two-bedroom apartments generating consistent residential income.In addition, the property includes a large rear garage/shop space, offering flexible use potential for additional rental income or owner occupancy. A significant value-add component exists in the unfinished top floor, which provides the possible opportunity to create a spacious three-bedroom unit and further increase cash flow.Each unit is separately metered for utilities, minimizing owner expenses, and the site is supported by 3–4 off-street parking spaces, a valuable amenity for both residential and commercial tenants.

Location

State MA

County Middlesex

Zoning TMF

Direction Lakeview Ave

Exterior

Garage Spaces 3.0

Total Parking Spaces 10

Garage Yes

Building

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false


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Listed by North Shore Realty Advisors
Kimberly Winslow

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(413) 374-3186

realtorkimwins@gmail.com

39899 BalentineDr, Suite 200, Newark, MA, 94560, USA

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120 Lakeview Ave