941 Lakeview Ave Lowell — Photo 1 of 39
$899,900
Investment Analysis — 941 Lakeview Ave
Lowell, MA 01850
Based on rent reported on the MLS listing, a 4-unit multi-family in 01850 carries $7,700/mo in gross rent — about a 6.93% cap rate and $62,374/yr in estimated NOI at the $899,900 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
4
SqFt
4,194
Style
4 Family
Built
1930
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 09/12 and Sun 09/13.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • House of Worship
Geography
Listing Agent: Mary Ribeiro
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73568656
