Sold
311-313 S Broadway St, Lawrence, MA
Lawrence · MA 01843
- $577,500
- Price
- 6
- Beds
- 3
- Baths
- 5040
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1925
Units:
3 Units
Lot size:
7,338 Sq.Ft Lot
Price per square foot:
$118 / Sq.Ft
Parking:
5 Off Street Spaces
About this home
Location, Location and Location! This is an $66,000 opportunity -- one of the best combination location: one-stone away from major highway #93/#495, neighbor with TD Bank, brand new Cumberland/Gas station right across street. This three units property consists of two over-size three-bedroom apartments on the 2nd and 3rd floor, a more than 2000 sqft restaurant on the first floor. All utilities are separated, each tenants pay their own. Currently each rental apartment pays $1,500 monthly and tenant-at-will. The first floor restaurant pays $2,500 monthly plus its utilities. At the back of building, there is 4~5 parking space. For this location and size apts,, it is easy to rent . It will be great with for owner-use restaurant while collecting $3,000 monthly rents, or living in one apartment collecting $4,000 monthly rents. Per city land use planner, this property is in the B2 zone, it can be used for many commercial use like liquor store or simply convert to 3-family with variance.
Neighborhood & Transit
311-313 S Broadway 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:
- 2107 days
- Listing Price:
- $595,000
- Price per Sq.Ft:
- $118
- Tax Assessment:
- $432,000 in 2020
- Taxes:
- $675 / Monthly
Home Facts
Interior Features
- Bedrooms
- 6
- Full Bathrooms
- 2
- Half Bathrooms
- 2
- Living Area
- 5,040 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
- 110 Volts, Individually Metered
Exterior Features
- Lot Size
- 7,338 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 5 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
- Mei Zhou
- Listing office
- Coldwell Banker Realty - Andover
- MLS PIN #
- 72719246