246-258 Salem St, Lawrence, MA 01843 - MLS#73304583

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Adam Gustafson

adam@todayrealestate.com +1(781) 696-3049

$1,699,900

Est. payment - /mo

19 Beds

9 Baths

8,686 SqFt

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UPDATED:

11/12/2024 08:05 AM

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 8,686 sqft

Price per Sqft $195

MLS Listing ID 73304583

Bedrooms 19

Full Baths 9

Year Built 1918

Annual Tax Amount $9,540

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Description

Exceptional opportunity to own a well maintained, 9-unit investment property in the desirable South Lawrence area. 3 separate buildings on one lot, a 6-family, single family and 2-family. Eight 2-bedrooms and one 3-bedroom unit, all large with many cosmetic updates throughout. With updated heating systems and a well maintained basement, there is little to do here. Most tenants are TAW and many of the rents are well below fair market. Located within walking distance of public transportation and downtown, it also offers convenience for tenants. Don’t miss this opportunity to secure a well-maintained asset in an appreciating neighborhood!

Location

State MA

County Essex

Area South Lawrence

Zoning R Mult Bld

Direction South Lawrence: Take 495 to South Broadway, left onto Salem Street

Rooms

Basement Full, Interior Entry, Concrete

Interior

Interior Features Living Room, Kitchen

Heating Baseboard, Natural Gas

Flooring Tile, Vinyl

Exterior

Exterior Feature Garden

Community Features Public Transportation, Laundromat, Highway Access

Waterfront false

Roof Type Shingle,Rubber

Garage No

Building

Lot Description Other

Story 9

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by J. Borstell Real Estate, Inc.

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Adam Gustafson

+1(781) 696-3049

Broker Manager | License ID: 9565668

Broker Manager License ID: 9565668

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