$1,125,000
$1,125,000
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71-73 Elm St Lawrence, MA 01841
12 Beds
6 Baths
6,204 SqFt
Key Details
Sold Price $1,125,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,204 sqft
Price per Sqft $181
MLS Listing ID 73234720
Sold Date 07/31/24
Bedrooms 12
Full Baths 6
Year Built 1920
Annual Tax Amount $10,372
Tax Year 2023
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type 5-9 Family
Property Description
Great investment opportunity roughly half a mile from Lawrence general and walking distance to Essex Street. Boasting 6 very large, separately metered 2-bedroom units, all with mirroring layouts and lead certs. Some off street parking along the side of the building is available for tenant use. The property has a full walkout and well kept basement with updated systems and a storage/work area for property maintenance. Rents are all well below market for the area and the building's bones and systems are great. This property is set up to be a fantastic cash flowing and low headache addition to any investors portfolio.
Location
State MA
County Essex
Zoning unkwn
Direction Take Marston st to E Haverhill St, then onto Elm
Rooms
Basement Full
Exterior
Community Features Public Transportation, Park, Medical Facility
Roof Type Rubber
Total Parking Spaces 6
Garage No
Building
Lot Description Corner Lot
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Israel Reyes • Hancock Realty Group LLC