38 – 40 Sanborn St. Lawrence MA 01843 MLS #73277355

38 – 40 Sanborn St.
Lawrence, MA, 01843
$706,000
4 Beds
2 Baths
2,434 SqFt
0.09 Acres
$706,000
38 – 40 Sanborn St.
Lawrence, MA, 01843
Motivated Sellers!! Selling this spacious multi-family property as-is, offers two units, each with 2 bedrooms (with 3rd bedroom added in each unit) and 1 bath, ideal for rental income or owner-occupancy. The first floor has been partially renovated, and the sale includes some finishing supplies, allowing you to add your personal touch. The property features hardwood floors, a fenced yard, an enclosed porch, and vinyl siding. Located in South Lawrence, it’s close to public transportation, shopping, parks, and major highways.Additionally, the owner is selling a single-family home at 17 Bicknell Terrace, MLS #: 73277310 which can be included as a package deal. This single-family property offers great potential for Airbnb income, making it a lucrative investment opportunity. Both properties provide a unique chance to expand your portfolio with immediate income potential and room for value-added improvements. Ask me about the Exclusive Seller incentives!

Property Details

Price:
$706,000
MLS #:
73277355
Status:
Pending
Beds:
4
Baths:
2
Address:
38 – 40 Sanborn St.
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Neighborhood:
South Lawrence
City:
Lawrence
Listed Date:
Aug 13, 2024
State:
MA
Finished Sq Ft:
2,434
Total Sq Ft:
2,434
ZIP:
01843
Lot Size:
3,870 sqft / 0.09 acres (approx)
Year Built:
1915
Units:
2

Schools

Elementary School:
John Breen
Middle School:
Emily Wetherbee
High School:
Exceptional Hs

Interior

Appliances
Range, Refrigerator, Freezer, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Tile, Hardwood, Wood
Heating
Forced Air, Natural Gas
Laundry Features
Washer Hookup, Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Sidewalks
Construction Materials
Frame, Stone
Exterior Features
Balcony/ Deck
Parking Features
Paved Drive
Parking Spots
2
Roof
Wood

Financial

Net Operating Income
$28,000
Tax Year
2024
Taxes
$5,254
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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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38 – 40 Sanborn St.
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