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71-73 Elm St Lawrence, MA 01841
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Key Details
Sold Price $1,125,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,204 sqft
Price per Sqft $181
MLS Listing ID 73234720
Bedrooms 12
Full Baths 6
Year Built 1920
Annual Tax Amount $10,372
Tax Year 2023
Lot Size 3,484 Sqft
Property Sub-Type 5-9 Family
Property Description
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.
Location
State MA
County Essex
Zoning unkwn
Exterior
Community Features Public Transportation, Park, Medical Facility
Roof Type Rubber
Building
Lot Description Corner Lot
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Read Less
Bought with Israel Reyes • Hancock Realty Group LLC
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