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3-Unit Property with Garage
For Sale
$749,900

89 Mammoth Rd, Lowell, MA 01854

Residential Income, Lowell, MA

Property Size3,003 SF
Lot Size0.13 Acres
Price / SF$249.72
Days on Market139

Property Features for 89 Mammoth Rd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning NB
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1
Parking 7
Directions 89 Mammoth rd
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

Amenities

garage
basement
private yard

Building Details

Year built 1930
Floors in Building 3
Number of units 3
Listing Agency: RE/MAX Innovative Properties · RE/MAX International
Listed By: Joshua Naughton
Added: Jun 2 Changed: Oct 15 Last Checked: Oct 18 at 10:06PM
MLS# 73528699

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.

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Investment Insights

Based on property information with market context.

This triplex property at 89 Mammoth Rd in Lowell, Massachusetts, contains 3,003 square feet across two stories and was built in 1930. The layout includes six bedrooms and three full bathrooms, with hardwood flooring in select rooms. Interior features include a G-shaped kitchen with a peninsula, providing defined preparation and storage areas within the living space.

The property also includes a garage, basement, and private yard on a 0.13-acre lot. Located in Middlesex County and identified with NB zoning, the residence offers a three-unit configuration suited to residential income use.

Key Highlights

  • 3,003‑square‑foot triplex built in 1930
  • Six bedrooms and three full bathrooms
  • Two‑story layout with a G‑shaped kitchen and peninsula

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,500
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,190,000 $1.2M
Cap Rate 7%
$850,000 $850.0K
Cap Rate 9%
$661,111 $661.1K
Market Conditions
NOI Build-Up for 3,003 SF
Gross rent
$91.9K $30.60/SF
− Vacancy
−$6.9K −$2.30/SF
EGI
$85.0K $28.31/SF
− OpEx
−$25.5K −$8.49/SF
NOI
$59.5K $19.81/SF
Area
Lowell, MA
Vacancy
7.50%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,190,000
Cap Rate 7%
$850,000
Cap Rate 9%
$661,111

Alternative Uses

Best Use
Multifamily LT 5
$850.0K
$743.8K – $991.7K (±1% cap)
NOI $59,500 @ 7.0% cap · market cap 7.93%
Second Best
Apartment 5plus
$765.3K
$669.6K – $892.8K (±1% cap)
NOI $53,569 @ 7.0% cap · market cap 7.14%
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 authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Spa & Massage Center Skin Care Clinic Accounting Firm

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

883
Businesses Nearby

Demographics for 01854, MA

29,561
Population
10,960
Households
2.7
Avg Household Size
31
Median Age
30%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
7,390
Density / Sq Mi
$70,397
Median Household Income
$39,216
Median Earnings
$1,477
Median Rent
$360,500
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

Frequently Asked Questions

What type of property is this?
Triplex - Two-story residential income property with six bedrooms, three full bathrooms, a basement, and private outdoor space.
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: 3,003‑square‑foot triplex built in 1930; Six bedrooms and three full bathrooms; Two‑story layout with a G‑shaped kitchen and peninsula
More about this property
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