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37-39 Brookfield St, Lawrence, MA

Lawrence · MA 01843

$505,000
Price
7
Beds
5
Baths
4548
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 5 Units
Lot size: 5,000 Sq.Ft Lot
Price per square foot: $110 / Sq.Ft
Parking: 2 Garage Spaces · 5 Off Street Spaces

About this home

Spacious 5 unit building with over 4500 sq feet of living area located in the Mount Vernon neighborhood of South Lawrence. Features include 1 big 3-bedroom unit on the first floor and 4 large 1-bedroom units. This property has several important updates including all new gas heating systems and hot water tanks, all new stainless steel gas stoves, new insulation throughout the entire building and updated bathrooms/kitchens. The electrical, windows and roof have also been updated. Other great features include a large/dry unfinished basement, long driveway with 2 car garage plus a nice backyard. 4 of the 5 units are occupied and all paid up to date on rent. There is 1 vacant 1-bedroom unit. This is a great property and investment opportunity! Rents are currently below market value and the $1,200/month rent for the vacant unit 3rd floor front is estimated based on market comparables.

Neighborhood & Transit

South Lawrence

37-39 Brookfield 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:
2111 days
Listing Price:
$499,900
Price per Sq.Ft:
$110
Tax Assessment:
$363,300 in 2020
Taxes:
$376 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
5
Half Bathrooms
0
Living Area
4,548 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
Circuit Breakers

Exterior Features

Lot Size
5,000 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 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
Paul Nartiff
Listing office
LAER Realty Partners
MLS PIN #
72642643