Multi-Family Residence Built
89 Mammoth Rd, Lowell, MA 01854
New
MULTI_FAMILY - Lowell, MA
Property size:
3,003 SFLot size:
0.13 AcresPrice / SF:
$249/SF- Added:
- Jun 2, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 3 at 9:06 am
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, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 5, Bathroom 1
- 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 agent Joshua Naughton License #57445 (603) 434-4101
Listing office RE/MAX Innovative Properties 81 Farmland Road, Londonderry, MA (978) 452-4432
Listing date Jun 2, 2026
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.
HighLights
- Multi‑family residence built in 1930 in Lowell, MA
- About 3,003 sq ft of total living space
- 5 bedrooms and 3 bathrooms (Bedroom 1–5; Bathroom 1–3)
- Units have separate gas and electric utilities, and tenants pay their own utilities
Overview
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.
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 Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.333703
- Latitude
- 42.651636
Nearby Similar for Sale
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 in Lowell, MA; About 3,003 sq ft of total living space; 5 bedrooms and 3 bathrooms (Bedroom 1–5; Bathroom 1–3)
