Sold

120 Lakeview Ave, Lowell, MA

Lowell · MA 01850

$790,000
Price
6
Beds
5
Baths
5040
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1930
Units: 7 Units
Lot size: 5,227 Sq.Ft Lot
Price per square foot: $159 / Sq.Ft
Parking: 3 Garage Spaces · 4 Off Street Spaces

About this home

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.

Neighborhood & Transit

120 Lakeview Ave, Lowell · MA 01850

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
229 days
Listing Price:
$799,000
Price per Sq.Ft:
$159
Tax Assessment:
$534,400 in 2025
Taxes:
$511 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
4
Half Bathrooms
2
Living Area
5,040 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5040
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
5,227 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
3 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Ben Davis
Listing office
North Shore Realty Advisors
MLS PIN #
73488963