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Remodeled Mixed-Use Property
For Sale
$689,900

230 Cumberland Road, Lowell, MA 01850

Residential Income, Lowell, MA

Property Size3,880 SF
Lot Size0.11 Acres
Price / SF$177.81
Days on Market93

Property Features for 230 Cumberland Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning TTF
Bedrooms 2
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 2
Parking 8
Directions Lakeview Ave to Aiken to Cumberland Road
Subdivision Centralville
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

Amenities

off-street parking

Building Details

Year built 1940
Floors in Building 2
Number of units 3
Listing Agency: Keller Williams Realty-Merrimack
Listed By: Claire Ryan
Added: Jul 14 Changed: Oct 9 Last Checked: Oct 14 at 5:06PM
MLS# 73549697

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property contains 3,880 square feet within a building constructed in 1940. The residential component includes two apartments: a studio and a one-bedroom unit. A remodeled commercial area occupies the first floor, creating a distinct arrangement of residential and business space within the same property. The site also includes off-street parking for occupants and commercial users.

Located at 230 Cumberland Road in Lowell, Massachusetts, the property sits on a 0.11-acre lot and carries TTF zoning. Its combination of apartment units, first-floor commercial space, and parking provides a varied physical configuration for ownership or occupancy.

Key Highlights

  • 3,880‑square‑foot mixed‑use building constructed in 1940
  • Two residential units: one studio and one one‑bedroom apartment
  • Remodeled first‑floor commercial area

Property Analytics

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines a remodeled commercial area with two residential apartments and off-street parking.
Where is this mixed-use property located?
The property is located at 230 Cumberland Road Lowell, MA.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: 3,880‑square‑foot mixed‑use building constructed in 1940; Two residential units: one studio and one one‑bedroom apartment; Remodeled first‑floor commercial area
More about this property
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