941 Lakeview Ave, Lowell MA 01850

Lowell, MA 01850
$899,900
Est. $5,405/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
4
Baths
4,194
Sq Ft
$215
Price/Sq Ft
0.11
Acres
1930
Year Built
4
Parking
13 hours 12 minutes
Time on Market
For Sale Listed Sep 9, 2026 • MLS# 73568656 Copied! • Updated Sep 9, 2026

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About this home

Set on a corner lot in Lowell's Centralville neighborhood, 941 Lakeview Avenue offers four units with strong rental history. Comprising of two 1 bedroom units and two 2 bedroom units, each unit is individually metered for gas and electric, granite countertops in all units and basement laundry hookups dedicated to every unit. Unit 1R has all new appliances, unit 1F has just been refreshed with fresh paint, a new bathroom vanity, and all-new appliances installed in 2025 and Unit 2F's heating system was replaced 2 years ago. This multi-family home also features open and enclosed porches, with off-street parking for four vehicles on the paved driveway. Two units are currently vacant and ready for move-in, and two remain occupied by tenants at will, giving a new owner the flexibility to occupy a unit, lease up at today's market rents, or keep the current arrangement in place. Three of the four units carry de-lead certificates. Group showings Sat 09/12 and Sun 09/13.

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Property History

Property Timeline

🏠
Listed for Sale
Sep 9, 2026
$899,900
Original listing
Office: eXp Realty LLC - Corporate Office

Tax History

Year Taxes Assessment
2025 $7,850 $683,800

Financial Details

Annual Property Tax
$7,850
Tax Year 2025
Assessed Value
$683,800

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1930
Living Area 4,194 sq ft
Lot Size 0.11 acres
Stories 4
Bedrooms 6
Full Baths 4
Total Rooms 14

Investment Metrics

Units 4
Unit 1 Rent $2,300/mo · N
Unit 2 Rent $1,550/mo · N
Unit 3 Rent $2,300/mo · N
Unit 4 Rent $1,550/mo
Total Monthly Rent $7,700/mo
Gross Income $92,400
Net Operating Income $86,972
Operating Expenses $5,428
Water/Sewer Expense $1,800
Electric Expense $300
Insurance Expense $3,328
Cap Rate 9.66%
Heating Natural Gas
Cooling Window Unit(s)
Flooring Wood, Tile, Vinyl, Varies, Laminate
Appliances Range, Refrigerator
Fireplace None
Basement Unfinished
Laundry Washer Hookup
Features Lead Certification Available, Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Enclosed, Screened
Features Off Street
Total Spaces 4
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other Washer Hookup

Financial

Annual Tax $7,850
Assessed Value $683,800
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Certified Treated
Seller Disclosures Seller Is Related To Listing Agent. 2 Units Vacant, 2 Units Tenants At Will. Washer And Dryer Belong To The Tenants - Will Not Convey. Property Being Sold As-is.
Exclusions Tenants Personal Property, Washers And Dryers.
Possession None
Accepted Financing None
Structure Type []
House Color Yellow
Sq Ft Source Public Record
Documents None
County Middlesex

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1930
Bedrooms
6
Full Bathrooms
4
Living Area
4,194 sq ft
Total Rooms
14
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring: Wood, Tile, Vinyl, Varies, Laminate
Appliances: Range, Refrigerator
Interior Features: Lead Certification Available, Living Room, Kitchen
Windows:
Basement: Unfinished
Laundry: Washer Hookup
Security:

Construction & Materials

Year Built: 1930
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Enclosed, Screened
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $654
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

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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

941 Lakeview Ave, Lowell MA 01850

Lowell, MA 01850

Listing Information

Listing Agent Mary Ribeiro
Listing Office eXp Realty LLC - Corporate Office
Office Phone 888-854-7493
Agent MLS ID CN225919
Office MLS ID AC0342
Listing Data Updated Sep 9, 2026 2:30 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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