Sold
71-73 Elm St, Lawrence, MA
Lawrence · MA 01841
- $1,125,000
- Price
- 12
- Beds
- 6
- Baths
- 6204
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1920
Units:
6 Units
Lot size:
3,566 Sq.Ft Lot
Price per square foot:
$181 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
Great investment opportunity roughly half a mile from Lawrence general and walking distance to Essex Street. Boasting 6 very large, separately metered 2-bedroom units, all with mirroring layouts and lead certs. Some off street parking along the side of the building is available for tenant use. The property has a full walkout and well kept basement with updated systems and a storage/work area for property maintenance. Rents are all well below market for the area and the building's bones and systems are great. This property is set up to be a fantastic cash flowing and low headache addition to any investors portfolio.
Neighborhood & Transit
71-73 Elm 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:
- 909 days
- Listing Price:
- $1,125,000
- Price per Sq.Ft:
- $181
- Tax Assessment:
- $1,091,900 in 2023
- Taxes:
- $864 / Monthly
Home Facts
Interior Features
- Bedrooms
- 12
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 6,204 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 6204
- Flooring
- Unknown
- Lead paint
- None
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 3,566 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 6 Parking Spaces
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 #
- 73234720
- Disclosure
- Lead Paint for and certs attached
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