Lowell Triplex with Vacant
930 Lakeview Avenue, Lowell, MA 01850
Three-family property in Lowell with high rents and stable tenants.
Type:Multi-family / 3 Family
Property size:
3,467 SFPrice / SF:
$223/SF- Added:
- Mar 15, 2026
- Days on Market:
- 80
- Last Refresh:
- Mar 18 at 8:32 am
Property Features for 930 Lakeview Avenue
General Information
- Standard status
- Active
- Size
- 3,467 SF
- Property subtype
- Multi-family / 3 Family
Building Details
- Year Built
- 1900
Listing agent Paul Mulroy License #9519902 (978) 985-8706
Listing office Manchester Property Management (978) 985-8706
Listing date Mar 15, 2026
Source Compass
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 Manchester Property Management
HighLights
- Excellent investment opportunity with existing high rents and stable tenants.
- 3‑bedroom unit will be delivered vacant, ideal for owner‑occupancy.
- Three units: one 1‑bedroom, one 3‑bedroom, and one 4‑bedroom.
- Off‑street parking at the rear of the property for at least 3 cars.
- Side‑by‑side 3‑family property.
- Full, unfinished basement with interior access.
Overview
Located on Lakeview Avenue in Lowell, this property is a three-family residential building. The layout features a side-by-side configuration. One side of the property includes a one-bedroom unit and a three-bedroom unit, while the other side contains a four-bedroom unit. Off-street parking is available at the rear of the property, accommodating at least three cars. The property offers an investment opportunity with existing high rents and stable tenants. The three-bedroom unit will be delivered vacant, presenting an option for an owner-occupant. The property size is 3,467 square feet.
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 | $106.1k | $30.60 |
| − Vacancy | −$8.0k | −$2.30 |
| EGI | $98.1k | $28.31 |
| − OpEx | −$29.4k | −$8.49 |
| NOI | $68.7k | $19.81 |
3,467 SF · lease $30.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$981.3K
$858.7K – $1.14M
NOI $68,693 @ 7.0% cap · market cap 8.88%
Second Best
Apartment 5plus
$883.5K
$773.1K – $1.03M
NOI $61,846 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,418 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3171344
- Latitude
- 42.6607243
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-family property in Lowell with high rents and stable tenants.
Where is this triplex located?
The property is located at 930 Lakeview Avenue Lowell, MA.
What is the asking price?
The asking price for this property is $774,000.
What are key features of this property?
This property features: Excellent investment opportunity with existing high rents and stable tenants.; 3‑bedroom unit will be delivered vacant, ideal for owner‑occupancy.; Three units: one 1‑bedroom, one 3‑bedroom, and one 4‑bedroom.
