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120 Lakeview Ave, Lowell, MA 01850

$895,000
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Pending
BEDS3 BATHS4 full 2 partial SQUARE FEET5,040 MLS#73488963
STATUSPending PROPERTY TYPEMulti Unit - Multiple

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.

120 Lakeview Ave | MLS# 73488963

This multi-family property located at 120 Lakeview Ave, Lowell, MA 01850 is currently listed for sale with an asking price of $895,000. Search Lowell real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Garage: 3
Lot Size: 0.12 Acres
Stories: 3.0
Taxes: $6,134
Year Built: 1930

Feature Descriptions

Building Area Total: 5040
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 34
Dwelling Type: 5-9 Family
GarageY/N: Yes
Open Parking Y/N: Yes
Parcel Number: M:176 B:3455 L:120,3189615
Parking Features: Paved Drive
Parking Total: 7
Rooms Total: 99
Sewer: Public Sewer
Units: 7
Water: Public

Listed By / Shown By

Listed By

Agency Name: North Shore Realty Advisors
Agency Phone: 617-548-7737
Agent Name: Ben Davis

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Estimated Payment

$ 2,764.09 per month $1,991.88 Principal & Interest $511.17 Property Tax $261.04 Homeowner's Insurance

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