
Property Attributes
- MLS#72875701
- TypePending
- CountyESSEX
- CityLawrence
- AreaSouth Lawrence
- Zip01843
- Style5+ Family - 5+ Units Up/Down
- Year Built1920
- Taxes$ 7193
- Price$ 700,000
- Bedrooms12
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage5371
- Lot Size6,098 SqFt
Data Source:
MLSPIN Pending - For Use With DASHCMA Only
Property Description
INVESTORS TAKE NOTICE! 5 FAMILY INVESTMENT OPPORTUNITY - This property consist of 2 buildings on one lot with over 5000 sq ft of living space. (3, 3 bdrms units, 1, 2 bdrm unit and 1, 1 bdrm unit). Off street parking for 5 cars. New furnaces, hot water tanks and stoves in last 2 years, All tenant occupied and are TAW, rents are currently below market value. Separate utilities. This is your chance to buy an incredible multi family located in South Lawrence, convenient to schools, shopping, public transportation and close to I495 and I 93.
Price History | |
---|---|
8/13/2021 | Listed $700,000 |
General Features
Appliances | Utility Connections for Gas Range |
---|---|
Building Area Units | Square Feet |
City | Lawrence |
Community Features | Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, Public School |
Compensation Based On | Net Sale Price |
Construction Materials | Frame |
Contingency | Pending P&S |
County | Essex |
Directions | Route 114 to South Union Street |
Electric | Circuit Breakers |
Exterior Features | Porch, Deck - Wood |
Garage Y/N | No |
Gross Income | 47700 |
Heating | Unit 1(Gas), Unit 2(Gas), Unit 3(Oil), Unit 4(Gas) |
Home Warranty Y/N | No |
Lot Size Square Feet | 6270 |
MLS Area | South Lawrence |
Net Operating Income | 47700 |
Patio/Porch Features | Porch, Deck - Wood |
Property SubType | 5+ Family - 5+ Units Up/Down |
Property Type | Residential Income |
Roof | Shingle, Rubber |
Senior Community Y/N | No |
Sewer | Public Sewer |
Standard Status | Pending |
Status | Under Agreement |
Street Name | S Union St |
Sub-Agency Relationship Offered | No |
Tax Annual Amount | 7193 |
Tax Assessed Value | 586200 |
Tax Year | 2021 |
Total Actual Rent | 3975 |
Total Rooms | 25 |
Total Units | 5 |
Utilities | for Gas Range |
View | City View(s) |
View Y/N | Yes |
Waterfront Y/N | No |
Year Built | 1920 |
Year Built Details | Actual |
Year Built Source | Public Records |
Zoning | Res |
Interior Features
Basement | Unfinished |
---|---|
Fireplace Y/N | No |
Full Baths | 3 |
Heating Y/N | Yes |
Laundry Features | Unit 1(Washer Hookup) |
Total Baths | 3 |
Total Bedrooms | 12 |
Total Stories | 9 |
Exterior Features
Facilitator Compensation | 1 |
---|---|
Living Area | 5371 |
Building Area Total | 5371 |
Foundation Details | Stone |
Lot Features | Level |
Lot Size Acres | 0.14 |
Lot Size Area | 0.14 |
Lot Size Units | Acres |
Parking Features | Off Street |
Road Frontage Type | Public |
Spa | No |
Total Parking | 5 |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool