$895,000
120 Lakeview Ave
Lowell, MA, 01850
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.
Property Details
Price:
$895,000
MLS #:
73488963
Status:
Pending
Beds:
3
Baths:
5
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Mar 19, 2026
Finished Sq Ft:
5,040
Total Sq Ft:
5,040
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1930
Units:
7
Schools
Interior
Above Grade Finished Area
5040
Bathrooms
4 Full Bathrooms, 2 Half Bathrooms
Levels
3
Exterior
Covered Spaces
3
Garage Spaces
3
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved Drive
Parking Spots
7
Parking Total
7
Stories
3
Financial
Tax Year
2025
Taxes
$6,135
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Lowell as of May 04, 2026
54
Multi Family Listed
101
Avg DOM
264
Avg $ / SqFt
$931,321
Avg List Price
Community
- Address120 Lakeview Ave Lowell MA
- CityLowell
- CountyMiddlesex
- Zip Code01850
Subdivisions in Lowell
Similar Listings Nearby
Property Summary
- 120 Lakeview Ave Lowell MA is a Multi Family for sale in Lowell, MA, 01850. It is listed for $895,000 To schedule a showing of MLS#73488963 at 120 Lakeview Ave in Lowell, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate. 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.
120 Lakeview Ave
Lowell, MA