$870,000
$844,987
3.0%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
5 Baths
4,043 SqFt
SOLD DATE : 04/19/2024
Key Details
Sold Price $870,000
Property Type Multi-Family
Sub Type 4 Family - 4 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 4,043 sqft
Price per Sqft $215
MLS Listing ID 73193428
Sold Date 04/19/24
Bedrooms 7
Full Baths 5
Year Built 1927
Annual Tax Amount $7,031
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 4 Family - 4 Units Up/Down
Property Description
Welcome to this fantastic four unit property in the heart of Lawrence MA, (Tower Hill area), where value add and cash flow opportunities abound! This well maintained multifamily presents an ideal investment opportunity for both owner occupants and passive income seekers. Each of the four units provide ample space for comfortable living. With a convenient location and strong rental demand, this property offers great income potential for investors. The units are well suited for value add improvements and current rents are well below market, allowing owners to enhance the property's appeal and maximize rental income. Bonus space in Attic, see pictures. Buyer and buyer's agent to do their own due diligence.
Location
State MA
County Essex
Area North Lawrence
Zoning R2
Direction Haverhill St to Bellevue St.
Rooms
Basement Full, Unfinished
Interior
Interior Features Floored Attic, Walk-Up Attic, Pantry, Storage, Upgraded Cabinets, Bathroom With Tub, Mudroom, Living Room, Kitchen
Heating Baseboard, Natural Gas
Cooling None, Window Unit(s), Wall Unit(s)
Flooring Tile, Vinyl, Laminate, Hardwood, Wood
Appliance Range, Refrigerator
Laundry Washer & Dryer Hookup
Exterior
Exterior Feature Balcony/Deck, Varies per Unit
Garage Spaces 1.0
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access
Utilities Available Varies per Unit
Total Parking Spaces 4
Garage Yes
Building
Lot Description Level
Story 8
Foundation Concrete Perimeter, Block, Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Fermin Group • Century 21 North East
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "