Sold
246-254 Salem St, Lawrence, MA
Lawrence · MA 01843
- $1,795,000
- Price
- 19
- Beds
- 9
- Baths
- 8686
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1918
Units:
9 Units
Lot size:
4,657 Sq.Ft Lot
Price per square foot:
$196 / Sq.Ft
Parking:
No Parking
About this home
Exceptional opportunity to own a well maintained, 9-unit investment property in the desirable South Lawrence area. 3 separate buildings on one lot, a 6-family, single family and 2-family. Eight 2-bedrooms and one 3-bedroom unit, all large with many cosmetic updates throughout. With updated heating systems and a well maintained basement, there is little to do here. Most tenants are TAW and many of the rents are well below fair market. Located within walking distance of public transportation and downtown, it also offers convenience for tenants. Don?t miss this opportunity to secure a well-maintained asset in an appreciating neighborhood!
Neighborhood & Transit
South Lawrence
246-254 Salem St, Lawrence · MA 01843
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:
- 743 days
- Listing Price:
- $1,699,900
- Price per Sq.Ft:
- $196
- Tax Assessment:
- $1,031,400 in 2024
- Taxes:
- $795 / Monthly
Home Facts
Interior Features
- Bedrooms
- 19
- Full Bathrooms
- 9
- Half Bathrooms
- 0
- Living Area
- 8,686 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 8686
- 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
- 4,657 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Patrick Hermans
- Listing office
- J. Borstell Real Estate, Inc.
- MLS PIN #
- 73304583