Building Details

Year built 1940

Listing Agency: Keller Williams Realty-Merrimack Show Phone

Listed By: Claire Ryan Show Phone

Added: May 31 Changed: Sep 3 Last Checked: Sep 4 at 5:06PM

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MLS# 73527327

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Investment Insights

Based on property information with market context.

This mixed-use property combines a first-floor commercial area with two residential apartments: one studio and one one-bedroom unit. The commercial space has been completely remodeled, while the residential layout provides separate living accommodations within the same building. Off-street parking serves the property’s residential and commercial components.

Built in 1940, the property occupies 0.11 acres at 230 Cumberland Road in Lowell, Massachusetts. It is identified as TTF zoning and offers a combination of commercial space and residential units under one roof.

Key Highlights

• Two residential units: one studio and one one‑bedroom apartment
• Completely remodeled first‑floor commercial space
• Off‑street parking for residential and commercial users

Property Analytics

Property Profile

Current Use

Laura's Laundry, Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Skin Care Clinic Big Box & Wholesale Store Accounting Firm Gym & Fitness Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

634

Businesses Nearby

Explore this area Business Placement

Demographics for 01850, MA

16,670

Population

6,028

Households

2.8

Avg Household Size

34

Median Age

18%

College-Educated

83%

High-School Grad

1.4 sq mi

ZIP Area

11,907

Density / Sq Mi

$67,581

Median Household Income

$42,096

Median Earnings

$1,666

Median Rent

$367,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Two residential units complement an updated first-floor business area with off-street parking.

Where is this mixed-use property located?

The property is located at 230 Cumberland Rd Lowell, MA.

What is the asking price?

The asking price for this property is $699,900.

What are key features of this property?

This property features: Two residential units: one studio and one one‑bedroom apartment; Completely remodeled first‑floor commercial space; Off‑street parking for residential and commercial users