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