120 Lakeview Ave, Lowell MA 01850

Lowell, MA 01850
$895,000
$799,000
Est. $4,751/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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6
Beds
5
Baths
5,040
Sq Ft
$159
Price/Sq Ft
0.12
Acres
1930
Year Built
3
Garage Spaces
104
Days on Market
Sale Pending Price Drop -$96,000 Listed Mar 19, 2026 • MLS# 73488963 Copied! • Updated Sep 14, 2026

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About this home

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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Recently Sold Nearby

Property History

Market Insights

3
Price Changes
10.7%
Price Range

Property Timeline

⏳
Pending Sale
Jul 2, 2026
Offer accepted, sale pending
↓
Price Reduced
Jun 22, 2026
$799,000 $31,000 (-3.73%)
From $830,000 to $799,000 (-3.7%)
↓
Price Reduced
May 18, 2026
$830,000 $29,000 (-3.38%)
From $859,000 to $830,000 (-3.4%)
•
Back On Market
May 6, 2026
Active
↓
Price Reduced
May 6, 2026
$859,000 $36,000 (-4.02%)
From $895,000 to $859,000 (-4.0%)
⏳
Pending Sale
Apr 22, 2026
Offer accepted, sale pending
🔧
Property Type Updated
Mar 20, 2026
3 Family → 5-9 Family
🏠
Listed for Sale
Mar 19, 2026
$895,000
Original listing
Office: North Shore Realty Advisors

Tax History

Year Taxes Assessment
2025 $6,135 $534,400

Financial Details

Annual Property Tax
$6,135
Tax Year 2025
Assessed Value
$534,400

Facts & Features

3 Car Garage

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1930
Living Area 5,040 sq ft
Lot Size 0.12 acres
Stories 3
Bedrooms 6
Full Baths 4
Half Baths 2
Total Rooms 12

Investment Metrics

Units 7
Unit 1 Rent $1,295/mo · N
Unit 2 Rent $1,250/mo · N
Unit 3 Rent $1,250/mo
Total Monthly Rent $3,795/mo
Gross Income $97,740
Net Operating Income $58,729
Operating Expenses $34,124
Cap Rate 7.35%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 3
Has Garage Yes
Features Paved Drive
Total Spaces 7
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,135
Assessed Value $534,400
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 91 days

Property Overview

Property Type
5-9 Family
Listing Type
Sale Pending
Year Built
1930
Bedrooms
6
Full Bathrooms
4
Half Bathrooms
2
Living Area
5,040 sq ft
Total Rooms
12
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1930
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 3
Total Parking Spaces: 7
Parking Features: Paved Drive

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $511
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

120 Lakeview Ave, Lowell MA 01850

Lowell, MA 01850

Listing Information

Listing Agent Ben Davis
Listing Office North Shore Realty Advisors
Office Phone 617-548-7737
Agent MLS ID CN233537
Office MLS ID AN7007
Listing Data Updated Sep 14, 2026 8:48 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
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