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$799,000

120 Lakeview Ave, Lowell MA 01850
Lowell, MA 01850
Listed by Ben Davis
Bedrooms
6
Bathrooms
4.2
Living area
5,040 sqft
Year built
1930

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.

Property details

MLS #
73488963
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
154
On market date
March 19, 2026
Stories
3
Garage spaces
3
Lot size
0.12 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Greenhalge
0.53 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
465
Student:teacher ratio
12.2:1
District
Lowell
Middle
Henry J Robinson Middle
0.66 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
635
Student:teacher ratio
13.2:1
District
Lowell
High
Lowell High
0.31 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
3,056
Student:teacher ratio
14.0:1
District
Lowell

Mortgage calculator

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Est. monthly payment
$4,962/mo
$159,800 down
$639,200 loan
Principal & interest$4,146
Property tax (est.)$666
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.