Multi-Family Residence Built
89 Mammoth Rd Lowell, MA 01854
89 Mammoth Rd, Lowell, MA, 01854
$749,900
For Sale
$749,900
MULTI_FAMILY - Lowell, MA
Property Size3,003 SF
Lot Size0.13 Acres
Price / SF$249.72
Days on Market47
Property Features for 89 Mammoth Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- NB
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
- Parking
- 7
- Standard status
- Active
- APN
- M:98 B:3815 L:89,3179843
- Size
- 3,003 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 6833
Building Details
- Year built
- 1930
- Floors in Building
- 3
- Number of units
- 3
Listing Agency
RE/MAX Innovative Properties
(978) 452-4432
81 Farmland Road, Londonderry, MA
Listed by
Joshua Naughton · License #57445
(603) 434-4101
Added: Jun 2 Checked: Jul 18 at 4:06 pm
MLS# 73528699
Listing URL
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 multi-family residence at 89 Mammoth Rd was constructed in 1930 and offers 3,003 square feet of refined living space. The property is set up for separate unit occupancy, with gas and electric handled separately for each unit. Tenants pay their own utilities, supporting straightforward operating economics.
The property is located in Lowell, Massachusetts, and is zoned NB. With a compact lot size of 0.13 acres, the building provides a focused residential income opportunity within the established neighborhood context.
For investors or owner-occupants seeking a rental property with tenant-paid utilities, this layout can reduce landlord utility management while preserving independence by unit. The building’s configuration and separate service setup make it a practical fit for buyers looking for manageable, income-oriented residential operations in a clearly identified zoning environment.
The property is located in Lowell, Massachusetts, and is zoned NB. With a compact lot size of 0.13 acres, the building provides a focused residential income opportunity within the established neighborhood context.
For investors or owner-occupants seeking a rental property with tenant-paid utilities, this layout can reduce landlord utility management while preserving independence by unit. The building’s configuration and separate service setup make it a practical fit for buyers looking for manageable, income-oriented residential operations in a clearly identified zoning environment.
Key Highlights
- Multi‑family residence built in 1930
- Approximately 3,003 sq ft of living space
- Multiple bedrooms and 3 bathrooms included across the residence
Local Financial Insights For Multifamily LT 5
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 | $91.9k | $30.60 |
| − Vacancy | −$6.9k | −$2.30 |
| EGI | $85.0k | $28.31 |
| − OpEx | −$25.5k | −$8.49 |
| NOI | $59.5k | $19.81 |
3,003 SF · lease $30.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$850.0K
$743.8K – $991.7K
NOI $59,500 @ 7.0% cap · market cap 7.93%
Second Best
Apartment 5plus
$765.3K
$669.6K – $892.8K
NOI $53,569 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$1.06M
$924.8K – $1.23M
NOI $73,986 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained 1930 multi-family with separately metered gas and electric utilities paid by tenants.
Where is this triplex located?
The property is located at 89 Mammoth Rd 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; Approximately 3,003 sq ft of living space; Multiple bedrooms and 3 bathrooms included across the residence
