Sold
233 Jackson St, Lawrence, MA
Lawrence · MA 01841
- $546,000
- Price
- 10
- Beds
- 2.5
- Baths
- 4019
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
10 Units
Lot size:
7,405 Sq.Ft Lot
Price per square foot:
$140 / Sq.Ft
Parking:
No Parking
About this home
-- Motivated Seller -- Attention Investors! Magnolia Manor is a fully licensed 10 unit rooming house, with two major opportunities to add value or 'force equity'. The first is with possible expansion potential in the attic, the large unfinished space has great ceiling height and is quite large. The second is to increase the rents! Current long term tenants provide great cash flow, and there is still room to grow. Rent currently averages over $7,000 per month. This multi unit dwelling still features much of the original charm it was constructed with including: built-in benches, large stained glass windows, a huge front porch and traditional hardwood floors. Magnolia Manor is conveniently located on bus route, near local dining options and the Methuen line. With over 4,000 sq/ft (sans the attic) and a MF zoning code you may have some conversion options to explore here. Take advantage of this tremendous opportunity and add some more passive income to your portfolio.
Neighborhood & Transit
233 Jackson St, 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:
- 2111 days
- Listing Price:
- $564,000
- Price per Sq.Ft:
- $140
- Tax Assessment:
- $631,000 in 2020
- Taxes:
- $654 / Monthly
Home Facts
Interior Features
- Bedrooms
- 10
- Full Bathrooms
- 2
- Half Bathrooms
- 1
- Living Area
- 4,019 Sq.Ft
- 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
- 7,405 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
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
- Good Boston Living Team
- Listing office
- Keller Williams Realty Boston-Metro | Back Bay
- MLS PIN #
- 72627516