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Sherry Stallings

sherry@profoundhometeam.com +1(978) 660-3039

$1,199,000

Est. payment - /mo

7 Beds

6 Baths

4,583 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,583 sqft

Price per Sqft $261

MLS Listing ID 73492347

Bedrooms 7

Full Baths 6

Year Built 1910

Annual Tax Amount $5,845

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type 5-9 Family

Property Description

This 6-unit multi-family residence property consists of (4) one-bedroom units, (1) three- bedroom unit, and (1) Studio. Having all separate utilities provides a lower cost of ownership for an investor that is looking for cash flow and income growth potential. The property encompasses 4583 square feet of living area, situated upon a generous 7520 square foot lot. This 6-unit property has a mansard roof that is in good condition, separate gas heating systems, separate electrical electrical panels and meters,vinyl replacement windows, and a recently updated Fire Alarm Panel. Three dedicated garage spaces, with remote openers, offering convenient vehicle accommodations and the potential for additional income. Great commuter location just 1.2 miles from the commuter rail. Close to local shops and downtown restaurants. A short drive to Route 114, Route 495, Route 93, Route 28, the Methuen Loop shopping center, and tax-free shopping in Salem, NH.

Location

State MA

County Essex

Area North Lawrence

Zoning B23

Direction Berkely Street to Jackson Street

Rooms

Basement Full

Interior

Flooring Wood, Tile

Fireplaces Number 1

Exterior

Garage Spaces 3.0

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks

Utilities Available for Gas Range, for Gas Oven

Roof Type Shingle

Total Parking Spaces 10

Garage Yes

Building

Story 6

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by eXp Realty

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Sherry Stallings

+1(978) 660-3039

Broker Associate | License ID: 9572159

Broker Associate License ID: 9572159

229 Jackson St Lawrence, MA 01841

Sherry Stallings

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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