Address
356-360 S Union St, Lawrence, MA
Price
$ 700,000
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

Property vs Pending Average in 01843

Price
AVG $580K
$700K
Taxes
AVG $5,391
$7,193
Visits
AVG 14
115
Data Provided by Inside Real Estate®
Year Built
AVG 1948
1920
Walkscore
AVG 66
85
Data Provided by Walkscore® not using MLS data

Areas We Cover