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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.

More Info

Basic Information

  • Gross Income $97,740
  • Mls StatusActive
  • Parcel Number M:176 B:3455 L:120,3189615

Tax Information

  • Tax Assessed Value $534,400
  • Tax Year 2025
  • Taxes$6,134

Parking

  • Covered Spaces 3
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces7

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 5
  • Bedrooms6
  • Full Bath4
  • Half Baths2

Basic Information

  • List Price$830,000
  • MLS Number73488963
  • Modification Date05/30/2026
  • Property SubType5-9 Family

Location

  • Address120 Lakeview Avenue
  • Building Number120
  • CountyMiddlesex
  • StateMA
  • StreetLakeview Avenue
  • TownLowell
  • Zip01850

Building

  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Garage Spaces3
  • Levels 3
  • Rooms12
  • Stories3
  • Units7
  • Year Built1930
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.12

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,040
  • Lot Size Square Feet 5,227
  • Lot Size Units Acres
  • Square Feet5,040

Other

  • Date Listed03/19/2026
  • Farm Land Area Units Square Feet
  • View Count5

Map Location

Driving Directions

Listed by Ben Davis of North Shore Realty Advisors

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