Off Market
5 Lawrence Street, Everett, MA
Everett · MA 02149
- $5,200,000
- Price
- 33
- Beds
- 13
- Baths
- 14834
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1920
Units:
13 Units
Lot size:
8,525 Sq.Ft Lot
Price per square foot:
$351 / Sq.Ft
Parking:
No Parking
About this home
This beautiful thirteen (13) unit 3 story blonde brick building boasts an ideal unit-mix to increase rents with eight (8) two-bedrooms, three (3) three-bedrooms and two (2) four-bedrooms. Much of the capital improvements have been completed for the new ownership. The improvements consist of but not limited to ten (10) renovated apartments out of 13 units with new kitchens, bathrooms, electrical and plumbing, recently installed rubber membrane roof, one (1) 75-gallon commercial grade gas fired hot water tank, common area upgrades including flooring, paint, led-lighting, security camera system and fire safety equipment with wireless fire-panels. Seller will be creating a parking lot in the rear of the property which will consist of 6-8 surface parking spots which will generate increased revenue prior to closing. Offering memorandum is attached in documents, see financials on page 13.
Neighborhood & Transit
5 Lawrence Street, Everett · MA 02149
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 1434 days
- Listing Price:
- $5,200,000
- Price per Sq.Ft:
- $351
- Tax Assessment:
- $2,087,000 in 2022
- Taxes:
- $1,802 / Monthly
Home Facts
Interior Features
- Bedrooms
- 33
- Full Bathrooms
- 13
- Half Bathrooms
- 0
- Living Area
- 14,834 Sq.Ft (Includes Basement)
- Broker Disclosure about Living Area
- Public records does not recognize the garden level 2 bedroom
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 8,525 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Sara Pouladian
- Listing office
- North Shore Realty Advisors
- MLS PIN #
- 73052651
- Disclosure
- Utilities based on 2020, taxes based on public records, laundry is estimated per 60/40 contract. Proforma assumes seller creating parking behind building at $135/spotx8 surface spots. Disclaimer in firm remarks.
- Disclosure
- Public records does not recognize the garden level 2 bedroom