42 Mammoth Rd

5,740 Sq. Ft.
$224 / Sq. Ft.
5,740
Sq. Ft.
$224
per Sq. Ft.

Description

Location, location, location! Rare opportunity to own a turnkey mixed use investment in downtown Lowell. Situated on a main street with high visibility, which is perfect for commercial spaces. Located next to TD bank and McDonald’s, Domino’s, gas station, church and near elementary school and LGH hospital. Less than a 6 minute drive or 20 minute walk to Umass Lowell. Near Lowell MBTA commuter rail and highway. Potential to put your own business in one of the 4 commercial spaces and own the whole...Location, location, location! Rare opportunity to own a turnkey mixed use investment in downtown Lowell. Situated on a main street with high visibility, which is perfect for commercial spaces. Located next to TD bank and McDonald’s, Domino’s, gas station, church and near elementary school and LGH hospital. Less than a 6 minute drive or 20 minute walk to Umass Lowell. Near Lowell MBTA commuter rail and highway. Potential to put your own business in one of the 4 commercial spaces and own the whole building. Or just collect rent from the 4 two bedroom units and 4 (used as 3) retail store fronts generating over 120K a year gross with room to increase rents and generate a cap rate of over 7.6%. The building features vinyl siding. Recent upgrades included brand new 2022 roof, back deck security cameras, and more. The interior was gutted in 1992. At the time all plumbing, electrical, insulation and drywall were replaced. All residential units have washer/dryers in unit.
  1. Listed by Lynda Le • Thread Real Estate, LLC
  2. Listed by Vinh Le • Thread Real Estate, LLC

Property Details for 42 Mammoth Road

Town
Lowell
Area
MA-Lowell
Garage Spaces
0
Open Parking Spaces
5.00
Parking Spaces Total
5
LISTING CLOSED: 04/19/2024 12:00 AM

Property Details for 42 Mammoth Road

StatusSold
MLS #73207318
Days on Market7
Taxes$5,549 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1880
CountyMiddlesex County

Location

Listing Courtesy of Thread Real Estate, LLC, Lynda Le; Thread Real Estate, LLC, Vinh Le

Sold By Thread Real Estate, LLC, Hamza Abbas

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Building Information for 42 Mammoth Road

Stories10Residences8Year Built1880Building Size-Lot Size0.09 AC / 4,053 SF

Payment Calculator

$6,994 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,531

Property Taxes

$462

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 42 Mammoth Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Other
  • Living Area: 5740.0
  • SqFt with Basement: No
  • Total Units: 8
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 8.0
  • Num of Full Baths: 8
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 8.00
  • Bathrooms Total Integer: 8
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Seller provided listing info. Buyer and buyer’s agent must verify all information and perform their own due diligence.
Tax Information
  • Tax ID: M:98 B:3815 L:42,3179865
  • Assessments: $446,800
  • Book: 36962
  • Tax Year: 2023
  • Zoning: NB
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 10
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $80,340.00
  • NOI: $80,340.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $10,049.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 0

Property History for 42 Mammoth Road

DateEvent & SourcePriceAppreciation
Apr 19, 2024

Sold

MLS PIN #73207318

$1,285,000
Mar 8, 2024

Under Agreement

MLS PIN #73207318

Mar 8, 2024

Contingent

MLS PIN #73207318

DateEvent & SourcePrice
04/19/2024

Sold

MLS PIN #73207318

$1,285,000
03/08/2024

Under Agreement

MLS PIN #73207318

03/08/2024

Contingent

MLS PIN #73207318

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 42 Mammoth Road

Taxable ValueLand$133,800Additions$421,500Total$555,300
Tax Record2025$6,375 ($531 / month)
Home Facts
Baths4Total Finished SqFt5,740 SqFtAbove Grade Finished SqFt5,740 SqFtUnfinished Basement SqFt1,856 SqFtStories3Lot Size3,920 SqFtStyleMulti-Family Res (5+ Units)Year Built1880ZoningNBCountyMIDDLESEXAPNLOWE M:98 B:3815 L:42

Schools near 42 Mammoth Road

This home is within Lowell School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 4
Public - PK to 4
Public - PK to 4
Rating
School
Distance
Moody Elementary School
PublicPK to 4

Abraham Lincoln Elementary School
PublicPK to 4

C.W. Morey Elementary School
PublicPK to 4

Dr. Gertrude Bailey Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
$120,000
2
2,074
1,742
3
1
2,790
2,178
$380,000
3
3,998
$580,750
4
2,015
1,742
$110,000
3
1,285
3,839

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Thread Real Estate, LLC, Lynda Le; Thread Real Estate, LLC, Vinh Le

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.