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

Sewer Public Sewer
Heating Natural Gas,Oil
Utilities for Gas Range
Roof Shingle,Rubber
Zoning Res
Patio/Porch Features Porch,Deck - Wood
Construction Materials Frame
Year Built 1920
Electric Circuit Breakers
View City View(s)
Property SubType 5+ Family - 5+ Units Up/Down
Tax Year 2021
Gross Income 47700
Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Laundromat,Highway Access,Public School
County Essex
Net Operating Income 47700
Property Type Residential Income
Contingency Pending P&S
Garage Y/N No
Total Rooms 25
Status Under Agreement
Directions Route 114 to South Union Street
City Lawrence
View Y/N Yes
Senior Community Y/N No
Total Units 5
MLS Area South Lawrence
Lot Size Square Feet 6270
Waterfront Y/N No
Street Name S Union St
Year Built Details Actual
Tax Annual Amount 7193
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Pending
Year Built Source Public Records
Tax Assessed Value 586200
Total Actual Rent 3975
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Unfinished
Total Stories 9
Heating Y/N Yes
Fireplace Y/N No
Full Baths 3
Laundry Features Washer Hookup,Dryer Hookup
Total Bedrooms 12
Total Baths 3

Exterior Features

Parking Features Off Street
Lot Features Level
Water Source Public
Total Parking 5
Lot Size Area 0.14
Foundation Details Stone
Spa No
Building Area Total 5371
Lot Size Acres 0.14
Lot Size Units Acres
Road Frontage Type 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 $480K
$700K
Taxes
AVG $4,450
$7,193
Visits
AVG 11
123
Data Provided by Inside Real Estate®
Year Built
AVG 1940
1920
Walkscore
AVG 79
85
Data Provided by Walkscore® not using MLS data

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