941 Lakeview Ave, Lowell, MA 01850
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$899,900
4 Unit
6 Beds
4 Baths
4194 SQFT
0.11 Acre

Property Description

Set on a corner lot in Lowell's Centralville neighborhood, 941 Lakeview Avenue offers four units with strong rental history. Comprising of two 1 bedroom units and two 2 bedroom units, each unit is individually metered for gas and electric, granite countertops in all units and basement laundry hookups dedicated to every unit. Unit 1R has all new appliances, unit 1F has just been refreshed with fresh paint, a new bathroom vanity, and all-new appliances installed in 2025 and Unit 2F's heating system was replaced 2 years ago. This multi-family home also features open and enclosed porches, with off-street parking for four vehicles on the paved driveway. Two units are currently vacant and ready for move-in, and two remain occupied by tenants at will, giving a new owner the flexibility to occupy a unit, lease up at today's market rents, or keep the current arrangement in place. Three of the four units carry de-lead certificates. Group showings Sat 09/19 2:30pm-3:30pm.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Amenities: House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, University
  • Basement Features: Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Lead Certification Available, Tile Floor
  • Common Appliances: Range, Refrigerator, Washer Hookup
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 92400
  • Gross Expenses: 5428
  • Electric Expenses: 300
  • Water/Sewer: 1800
  • INSC: 3328
  • Net Operating Income: 86972

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1930
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Tile, Vinyl, Wood
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73568656
  • Last Updated: 09/14/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/13/2026Active$899,900$215MLSPIN
09/09/2026New$899,900$215MLSPIN

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Seller's Representative: Mary Ribeiro, eXp Realty LLC - Corporate Office
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-09-14 20:37:00

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