Pending

Under Agreement

246-254 Salem St

Lawrence MA, 01843

$1,699,900


$195.71 per sqft

Pending

Under Agreement

19 Beds

9 Baths

8,686 sqft

Multi-family

Built in 1918

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!

73304583

MLS ID

October 21, 2024

Listed

November 22, 2024

Updated

Map

246-254 Salem St
Lawrence MA, 01843

Interior Features

Total Stories

9


Bedrooms

19


Total Bathrooms

9


Full Bathrooms

9


Interior Features

Living Room, Kitchen


Floor Description

Tile, Vinyl


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard, Natural Gas

Exterior/Building Features

Lot Size

0.11 Acres


Exterior Features

Garden


Lot Features

Other


Roof

Shingle, Rubber


Sewer

Public Sewer

Other Property Details

Area Name

South Lawrence


Taxes

$9,540


Tax Frequency

Annually


Days on Market

22


Garage

No


Parking Total

0


View

No


County

Essex


Water Source

Public


Pool

No


Zoning

R Mult Bld

Listing History

Date

Event

Price

11/12/2024

Pending

10/29/2024

Under contract

 

Courtesy of Patrick Hermans, J. Borstell Real Estate, Inc.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

©2024 MLS Property Information Network, Inc. All rights reserved.

Data last updated 8:40 PM UTC, 11/22/2024

Powered byLuxury Presence