Welcome to 230 Cumberland Road in Lowell, a unique mixed use property offering both residential and commercial opportunities under one roof. This versatile building features two residential units, including a studio apartment and a one bedroom apartment, providing excellent income potential for investors or owner occupants.The first floor commercial space has been completely remodeled and is ready for its next chapter. Whether you’re looking to establish your own business, expand an existing operation, or lease the space to a tenant, this updated commercial area offers endless possibilities.With ample off-street parking, the property provides convenience for both residential tenants and commercial customers. Offering multiple income streams and flexible use options, this is a rare opportunity to own a property that combines residential living with commercial potential.Don’t miss your chance to invest in this dynamic mixed use property in Lowell.
Multi-familyProperty Type
1940Year Built
4,792 sq ftLot Size
$180Price/Sq.Ft.
8 spacesParking
Listed by The Espinola Group• Keller Williams Realty-Merrimack
Listed by Kelly Espinola• Keller Williams Realty-Merrimack
Centralville, located between Downtown Lowell and Pawtucketville, is a residential and river-adjacent Lowell neighborhood with triple-decker streetscapes and mill-era brick backdrops. The neighborhood’s character concentrates around the Centralville Shopping Center area on Bridge Street, where small eateries, everyday storefronts, and steady foot traffic set the tempo. Community pillars include Lowell Cemetery’s landscaped grounds, the Lowell Memorial Auditorium’s event calendar, and the Lowell National Historical Park’s Boott Mills Museum nearby. Housing reads as classic New England: porches, bay windows, and compact lots. The Merrimack River and canal system shape the edges with walking routes and long views. A mix of corner stores, schools, and civic buildings keeps daily errands close to home.
Provided by Walk Score and Local Logic
Offer insights
230 Cumberland Rd · $699,900
$701K and above
75% chance or better to win
Why $701K+ is a strong offer
DAYS ON MARKET
48 days
The average home goes pending in 23 days.
SALE-TO-LIST
100.8%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Insulated doors
Insulated windows
10 total rooms
Bathrooms
3 full bathrooms
Heating & cooling
3 heating units
Exterior features
Wood deck
Paved road frontage on a public, publicly maintained road
Paved driveway and off-street paved parking
Home design
3-family property
2 stories
Parking
8 open parking spaces
Construction
Stone foundation
Rubber roof
Built (year per public records)
Utilities
Public water
Public sewer
Electric with circuit breakers
Utilities available for electric range
HOA & community
Nearby public transportation, T-Station, sidewalks, walk/jog trails, park
Shopping, highway access, laundromat, house of worship, university, public school
Electricity and solar
View estimated energy costs and solar savings for this home
Traditional Neighborhood Residential Districts are designed to preserve, promote, and enhance the pedestrian-scale character of Lowell’s historic residential neighborhoods. All three encourage moderately-sized lots and prohibit large-scale developments. The TSF district emphasizes single-family homes, the TTF district also allows two-family homes, while the TMF also allows three-family homes and up to 6-unit multi-family developments by special permit. To encourage neighborhood stability and owner-occupancy, special provisions are provided for single-family developments in the TTF and TMF zones.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Mixed use
Public service
Educational/school
Climate risks
Flood Factor
We're working on getting current and accurate flood risk information for this home.
Fire Factor
We're working on getting current and accurate fire risk information for this home.
5/10 Heat Factor
7 hot days expected this year, 16 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Lowell, MA • 01850
Average low and high temperatures (°F)
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40
69
50
82
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87
66
82
61
76
55
65
44
52
35
38
23
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 230 Cumberland Rd
$684,826
$15K under list price of $700K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $575K to $890K.