Off Market

28 Melrose St, Lawrence, MA

Lawrence · MA 01841

$850,000
Price
8
Beds
3
Baths
2976
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 2,100 Sq.Ft Lot
Price per square foot: $286 / Sq.Ft
Parking: 9 Off Street Spaces

About this home

This investment property at 28 Melrose St. presents an exceptional opportunity for those seeking a lucrative venture. With 3 units and a potential for higher rents, this property offers a solid foundation for consistent returns on investment. Boasting an 8 bed, 4 bath Flat style multifamily, each unit is designed for functionality. With the additional 7+ parking lot, that rents $100 per month per space (3 spaces rented currently) This property is Strategically located in Lawrence, MA, a vibrant area known for its rental demand, Investors or homeowners will appreciate the proximity to Schools, Local Markets and the Highways that contribute to what makes 28 Melrose Street, the property you have been waiting to hit the market, don't miss our open house!

Neighborhood & Transit

28 Melrose 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:
1064 days
Listing Price:
$850,000
Price per Sq.Ft:
$286
Tax Assessment:
$521,300 in 2023
Taxes:
$441 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,976 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2976
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
100 Amps

Exterior Features

Lot Size
2,100 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
9 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
The Steve Bremis Team
Listing office
Steve Bremis Realty Group
MLS PIN #
73185194
Disclosure
Rents are under-market, The parking lot has 3 rented spaces for $100 each per month, The tenants are all at will but would like to stay.