$1,699,900
246-254 Salem St
Lawrence, MA, 01843
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!
Property Details
Price:
$1,699,900
MLS #:
73304583
Status:
Pending
Beds:
19
Baths:
9
Address:
246-254 Salem St
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
South Lawrence
City:
Lawrence
Listed Date:
Oct 21, 2024
State:
MA
Finished Sq Ft:
8,686
Total Sq Ft:
8,686
ZIP:
01843
Lot Size:
4,657 sqft / 0.11 acres (approx)
Year Built:
1918
Units:
9
Schools
Interior
Bathrooms
9 Full Bathrooms
Flooring
Tile, Vinyl
Heating
Baseboard, Natural Gas
Exterior
Community Features
Public Transportation, Laundromat, Highway Access
Construction Materials
Frame
Exterior Features
Garden
Roof
Shingle, Rubber
Financial
Tax Year
2024
Taxes
$9,540
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of J. Borstell Real Estate, Inc.. The property listing data and information 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 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 set forth herein.
246-254 Salem St
Lawrence, MA
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