Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    930 Lakeview Lowell, MA 01850

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $774,000

    Three-unit property in Lowell, MA with high rents.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    15
    Last Refresh:
    Apr 24 at 5:39 pm

    Property Features for 930 Lakeview

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Paul Mulroy

    Listing agent Paul Mulroy License #9519902

    Listing office Manchester Property Management

    Listing date Apr 24, 2026

    Source Elliman

    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.
    • Walker's Paradise (walkScore: 98).
    • 3‑bedroom unit will be delivered vacant, ideal for owner‑occupancy.
    • Side‑by‑side 3‑family property.
    • Off‑street parking for at least 3 cars.
    • Good Transit (transitScore: 60).

    Overview

    Lowell Triplex with Vacant Unit

    Located on Lakeview Avenue in Lowell, Massachusetts, this property is a three-family residential building. The layout features a side-by-side configuration, with one side containing a one-bedroom unit and a three-bedroom unit, and the other side containing a four-bedroom unit. Off-street parking is available at the rear of the property, accommodating at least three cars. The property is presented as an investment opportunity, noting existing high rents and stable tenants. The three-bedroom unit will be delivered vacant, offering an option for an owner-occupant. The location has a walk score of 98, indicating it is a walker's paradise, a transit score of 60, indicating good transit options, and a bike score of 49, indicating it is somewhat bikeable.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3171344
    Latitude
    42.6607243

    Nearby Similar for Sale

    • $649,900
      2,406 SF

      Lowell Multi-Family Investment Opportunity

      Multi-family property with two 3-bedroom units near UMass Lowell.
      492 Fletcher St, Lowell, MA 01854
      View Details
    • $675,000
      3,064 SF

      Spacious Two-Family Home in Lowell

      Two-family home near shopping, T-station, and Lowell Connector.
      27 Shaw St, Lowell, MA 01851
      View Details
    • $849,900
      3,200 SF

      South Lowell Multi-Family Investment

      Well-maintained three-unit property in a convenient Lowell location.
      339 Lincoln St, Lowell, MA 01852
      View Details
    • $750,000
      3,774 SF

      Mixed-Use Property in Lowell, MA

      Mixed-use property with commercial space and residential unit.
      525 Chelmsford St, Lowell, MA 01851
      View Details
    • $549,900
      1,632 SF

      Well-Maintained Two-Family Lowell Property

      Two-family property in Lowell with strong income potential.
      18 Pleasant St, Lowell, MA 01852
      View Details
    • $749,900
      3,003 SF

      Spacious Lowell Triplex with Garage

      Three-family residence in Lowell, ready for occupancy.
      89 Mammoth Rd, Lowell, MA 01854
      View Details
    • $924,999
      3,450 SF

      Multifamily Property with Parking

      Multifamily property in Lowell with strong rental potential and parking.
      6-8 Dalton St, Lowell, MA 01850
      View Details
    • $649,900
      1,764 SF

      Lowell Duplex with Vacant Units

      Well-maintained duplex in Lowell, ideal for owner-occupants or investors.
      286 Pleasant St, Lowell, MA 01852
      View Details
    • $625,000
      1,872 SF

      Well-Maintained Two-Family Home

      Two-family home in Lowell, MA, ideal for rental income.
      9 Baltimore Ave, Lowell, MA 01851
      View Details
    • $1,300,000
      7,178 SF

      Mixed-Use Building Near UMASS Lowell

      Five-unit mixed-use building with retail space and residential units.
      169-171 Salem St, Lowell, MA 01854
      View Details
    • $400,000

      Commercial Building and Auto Repair

      Commercial building with auto repair business for sale.
      72 First St, Lowell, MA 01850
      View Details
    • $394,900

      Dutton Building Mixed-Use Loft

      Loft-style mixed-use space in historic Dutton Building.
      491 Dutton St #209, Lowell, MA 01854
      View Details

    FAQs

    What type of property is this?
    Triplex - Three-unit property in Lowell, MA with high rents.
    Where is this triplex located?
    The property is located at 930 Lakeview 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.; Walker's Paradise (walkScore: 98).; **3‑bedroom unit will be delivered vacant, ideal for owner‑occupancy.**
    (978) 985-8706
    We can help!
    Listing Contact
    Paul Mulroy
    Real Estate License ID: 9519902
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    930 Lakeview, Lowell, MA 01850
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!