For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Multi-Family Residential Investment Title is generated by Realmo AI

    89 Mammoth Road, Lowell, MA 01854

    View on Map
    Claim this Listing
    For Sale
    $749,900

    Built in 1930, this multi-family residence contains 3,003 square feet with separately metered gas and electric utilities.

    Type:Multi-family
    Property size:
    3,003 SF
    Price / SF:
    $249/SF
    Added:
    May 2, 2026
    Days on Market:
    69
    Last Refresh:
    Jul 9 at 3:04 am

    Property Features for 89 Mammoth Road

    General Information

    Standard status
    Active
    Size
    3,003 SF
    Property subtype
    Multi-family

    Building Details

    Year Built
    1930

    We can help!

    Contact an agent
    Brian McMahon

    Listing office RE/MAX Innovative Properties

    Listing date May 2, 2026

    Source Sarkisboston

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Innovative Properties

    HighLights

    • Multi‑family residence built in 1930
    • 3,003 sq ft of living space
    • Units have separately metered gas and electric utilities

    Overview

    Presenting 89 Mammoth Rd, Lowell, a multi-family residence constructed in 1930. The property offers 3,003 square feet of living space, configured as multiple units with separate gas and electric arrangements, and tenants pay their own utilities.

    Additional details regarding the unit mix and overall configuration are not provided in the available information.

    This is a for-sale opportunity for buyers seeking a residential income property with tenant-paid utilities in place.

    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 $104.5k $34.80
    − Vacancy −$7.1k −$2.37
    EGI $97.4k $32.43
    − OpEx −$43.8k −$14.60
    NOI $53.6k $17.84
    3,003 SF · lease $34.80/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $765.3K
    $669.6K – $892.8K (±1% cap)
    NOI $53,569 @ 7.0% cap · market cap 7.14%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.06M
    $924.8K – $1.23M (±1% cap)
    NOI $73,986 @ 7.0% cap · market cap 9.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Law Firm Dental Office Real Estate Agency Spa & Massage Center Skin Care Clinic Accounting Firm Bakery (Bike/Boat/Book/etc) Store Nail Salon Furniture & Home Goods

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3337003
    Latitude
    42.6516564

    FAQs

    What type of property is this?
    Multifamily property - Built in 1930, this multi-family residence contains 3,003 square feet with separately metered gas and electric utilities.
    Where is this multifamily property located?
    The property is located at 89 Mammoth Road Lowell, MA.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: Multi‑family residence built in 1930; 3,003 sq ft of living space; Units have separately metered gas and electric utilities
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message