Pending

Listed by Ben Davis from North Shore Realty Advisors

Source: MLS Property Information Network Inc #73488963

120 Lakeview Avenue, Lowell, MA, 01850

$799,000

6
6
7
5040 sq. ft.
5227 sq. ft.

Other

•

30+ days on the market

What's around 120 Lakeview Avenue

About this property

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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