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120 Lakeview Avenue

Lowell MA 01850

6
6
7
5040 sq. ft.
5227 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

6 bedrooms
6 bathrooms
7 carspaces
4 open car spaces
3 garage spaces
5040 sq. ft. floor area
5227 sq. ft. lot size
Other

Property history for 120 Lakeview Avenue

2004
Sold
$306,000
13 Apr 2004 by James Krystof, of Century 21 Concept One

Happy sellers in Lowell

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Local market activity for 6 bedroom other properties in Lowell

In the last 12 months, 6 six-bedroom other properties similar to 120 Lakeview Avenue, have been sold.

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