350 South Broadway Lawrence MA 01843 MLS #73201130

350 South Broadway
Lawrence, MA, 01843
$1,200,000
8 Beds
6 Baths
4,052 SqFt
0 Acres
$1,200,000
350 South Broadway
Lawrence, MA, 01843
Welcome to this unique investment opportunity – a 5-unit multi-family home currently utilized as a 4-unit gem! Situated in a convenient location, this property is a canvas awaiting your transformative touch!! The exterior needs some TLC offering an ideal project for the savvy investor. Inside discover the updated heating systems ensuring comfort and efficiency. The units boast a mix of modernization, with a spacious 3 bedroom, two inviting 2 bedroom apartments, and a cozy 1 bedroom retreat. Each unit offers a comfortable living space embracing a balance of functionality and charm. The outside offers ample parking – a luxury – plus a foundation for another building with garage space below plus a storage shed.This property stands as a promising investment opportunity, combining the appeal of a multi-family home with the potential for value appreciation!! *****24 Hour Notice to show required****

Property Details

Price:
$1,200,000
MLS #:
73201130
Status:
Active
Beds:
8
Baths:
6
Address:
350 South Broadway
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
Neighborhood:
South Lawrence
City:
Lawrence
Listed Date:
Feb 9, 2024
State:
MA
Finished Sq Ft:
4,052
Total Sq Ft:
4,052
ZIP:
01843
Year Built:
1880
Units:
4

Schools

Elementary School:
Lawrence
Middle School:
Lawrence
High School:
Lawrence

Interior

Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Bathrooms
5 Full Bathrooms, 2 Half Bathrooms
Fireplaces Total
1
Flooring
Wood, Tile, Varies, Hardwood, Carpet
Heating
Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Park, Highway Access
Construction Materials
Frame
Other Structures
Shed(s)
Parking Features
Paved Drive, Off Street
Parking Spots
2
Roof
Shingle

Financial

Net Operating Income
$26,047
Tax Year
2023
Taxes
$4,900
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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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