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.
Listed By
Agency Name: North Shore Realty Advisors
Agency Phone: 617-548-7737
Agent Name: Ben Davis
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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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
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.