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230 Cumberland Rd, Lowell, MA, 01850

2beds
3baths
3,880sqft
$699,900
$180price/sqft
$5,922/moest. monthly cost
$236,880/yrincome needed

About This Home

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.

Getting Around

82
WalkingVery Walkable
35
TransitSome Transit
50
BikeBikeable

Schools

4/10
4/10
4/10
Lowell High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Stone
  • Roof: Rubber

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Door features: Insulated Doors
  • Window features: Insulated Windows
  • Finished area above ground: 3,880

Interior Area

  • Total structure area: 3,880
  • Total interior livable area: 3,880 sqft

Property

Details

  • Parcel number: M:154 B:1595 L:230,3186765
  • Zoning: TTF

Features

  • Patio & porch: Deck - Wood

Lot

  • Lot size: 4,792 sqft

Parking

  • Total spaces: 8
  • Parking features: Paved Drive,Off Street,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,539$42,468
Home Insurance *$269$3,228
Property Taxes $1,349$16,188
Electricity $765$9,181
Total$5,922$71,064
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$203,040/yr
40% on housing$177,660/yr
45% on housing$157,920/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$180This listing

vs Other Active Listings

Avg $/sqft

ZIP 01850$246
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 01850$308
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Price change$699,900
2026-07-15Listed for sale$779,900
2024-12-01Listing removed$529,900
2024-10-09Price change$529,900
2024-09-30Price change$539,900
2024-09-13Listed for sale$549,900
2024-05-24Contingent$549,900
2024-05-10Listed for sale$549,900
2020-08-18Sold$285,000
2017-03-28Sold$226,500
2016-11-04Price change$254,950
2016-10-18Listed for sale$264,950
2013-11-21Listing removed$289,900
2013-07-15Price change$289,900
2013-05-30Listed for sale$299,900
2007-06-01Sold$183,000
2005-01-31Sold$200,000
1989-04-19Sold$50,000

For Sale by Agent

AgentThe Espinola Group
BrokerageKeller Williams Realty-Merrimack

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