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128 Marston Street, Lawrence, MA

Lawrence · MA 01841

$1,050,000
Price
11
Beds
6
Baths
6384
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1987
Units: 6 Units
Lot size: 0.29 Acre Lot
Price per square foot: $155 / Sq.Ft
Parking: 12 Off Street Spaces

About this home

MULTIPLE OFFERS BEING REVIEWED - INVESTOR ALERT! Rare opportunity to own a 6 UNIT residential apartment building built in 1987 with plenty of off street parking for all units. Fully rented with leases in place through October 2021. The building has 3 levels of six 850 sq foot residential apartments in addition to a walkup attic for potential secure tenant storage. There is also a coin-op laundry room for tenant use. The apartments consist of 5 four room, 2 bedroom and 1 bath units and 1 three room, 1 bedroom and 1 bath unit. The roof, siding and boiler are less than 10 years old and the hot water heater is less then 3 years old. Vinyl replacement windows. Heat and hot water are included in the rent. Separately metered electric and built in wall AC's in each unit. Projected rent is $1700 per 2 bedroom unit and $1500 for the 1 bedroom unit.

Neighborhood & Transit

128 Marston Street, Lawrence · MA 01841

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:
1651 days
Listing Price:
$989,900
Price per Sq.Ft:
$155
Tax Assessment:
$608,800 in 2021
Taxes:
$623 / Monthly

Home Facts

Interior Features

Bedrooms
11
Full Bathrooms
6
Half Bathrooms
0
Living Area
6,384 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
Approximate building sq ft to be verified by the buyer. Foundation Size X 3 floors used.
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
Circuit Breakers, Individually Metered

Exterior Features

Lot Size
12,632 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
12 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Mark Bishop
Listing office
RE/MAX Insight
MLS PIN #
72859479
Disclosure
Approximate building sq ft to be verified by the buyer. Foundation Size X 3 floors used.