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.
- Parking:
- Paved Drive
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking:
- 3
- Lead Paint:
- Unknown
- Market Time:
- 46
- Parking Spaces:
- 7
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $165
- Zoning:
- TMF
- No Units:
- 7
- Orig Price:
- $895,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Price Changed
- City:
- Lowell
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 01850
- Longitude:
- W72° 41' 36.7''
- Latitude:
- N42° 38' 59.7''
Residential Income
120 Lakeview Ave, Lowell, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $830,000
- Bedrooms :
- 3
- Rooms :
- 12
- Total Bathrooms :
- 5
- Full Bathrooms :
- 4
- Half Bathrooms :
- 2
- Square Footage :
- 5,040 Sqft
- Year Built :
- 1930
- Lot Area :
- 0.12 Acre
- Listing ID :
- 73488963
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com