230 Cumberland Road Lowell, MA 01850
MULTI_FAMILY - Lowell, MA
Property Features for 230 Cumberland Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- TTF
- Bedrooms
- 2
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 1
- Parking
- 8
- Standard status
- Active
- APN
- M:154 B:1595 L:230,3186765
- Size
- 3,880 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6906
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 3
Listing agent Claire Ryan (978) 692-3280
Listing office Keller Williams Realty-Merrimack 3 Lan Drive, Suite 300, Westford, MA (978) 692-3280
Listing date Jul 14, 2026
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Investment Insights
Based on property information with market context.
The property provides ample off-street parking, supporting both residential and commercial access. It is listed as a for-sale opportunity in Lowell, Massachusetts.
With residential and commercial space under one roof, the building offers multiple income streams through the existing unit mix and the updated ground-floor commercial layout.
Key Highlights
- Mixed‑use property at 230 Cumberland Road in Lowell with residential and commercial space under one roof
- Built in 1940
- Two residential units: a studio apartment and a 1‑bedroom apartment
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $135.0k | $34.80 |
| − Vacancy | −$9.2k | −$2.37 |
| EGI | $125.8k | $32.43 |
| − OpEx | −$56.6k | −$14.60 |
| NOI | $69.2k | $17.84 |
