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120 Lakeview Ave

Lowell, MA 01850
  • $895,000
  • STATUS: Active
  • MLS #: 73488963
UPDATED: 71 min ago
$895,000
  • 3
    BEDS
  • 0.12
    ACRES
  • 4
    BATHS
  • 2
    1/2 BATHS
  • 5,040
    SQFT
  • $178
    $/SQFT
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Listing courtesy of Ben Davis of North Shore Realty Advisors.

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.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-04-10T21:04:45.81.
www.c21revolution.com/homes/174246614
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120 Lakeview Ave Lowell, MA 01850

  • Price: $895,000
  • Status: Active
  • On Site: Days
  • Updated: 71 min ago
  • MLS #: 73488963
3
Beds
4
Baths
2
½ Baths
0.12
Acres
5,040
SQFT
$178
$/SQFT
1930
Built
County:
Middlesex
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.
Exterior Features

Covered Spaces 3 Garage YN Yes Levels 3 Open Parking YN Yes Parking Features Paved Drive Parking Total 7 Spa YN No Waterfront YN No

Interior Features

Building Area Total 5040 Fireplace YN No Fireplaces Total 0 Foundation Details Concrete Perimeter Lead Paint Unknown Rooms Total 99

Property Features

Gross Income 97740 Home Warranty YN No Net Operating Income 58729 Operating Expense 34124 Property Sub Type 5-9 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 6134.91 Tax Year 2025 Total Actual Rent 8145 Water Source Public Year Built Details Approximate Zoning TMF

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Ben Davis of North Shore Realty Advisors: 617-548-7737.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-04-10T21:04:45.81.
 
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CENTURY 21 Revolution
625 Massachusetts Ave, 2nd Floor
Cambridge MA, 02139
Listing courtesy of Ben Davis of North Shore Realty Advisors.