Under Agreement
35-37 Falmouth St
Lawrence MA, 01843
$1,200,000
$259.74 per sqft
Under Agreement
12 Beds
6 Baths
4,620 sqft
Multi-family
Built in 1920
Don't miss this opportunity to purchase 6 units located just over the North Andover line in South Lawrence. This building is comprised of six 2 bed 1 bath units, half of which have been fully renovated. These renovations include, but are not limited to, new kitchens, bathrooms, flooring, paint and windows. All of the units have boasted high rental demand because of the off street parking spaces, impeccable location to I-495 and other forms of public transportation. Additional income can be generated by providing 1 off-street parking space per unit and renting out the rest to local commuters or residents. Other major renovations include new roof, new soffits, freshly poured basement floor, rebuilt front porch and rebuilt side porches for all three levels.
73217929
MLSⓇ ID
April 1, 2024
Listed
May 9, 2024
Updated
Map
35-37 Falmouth St
Lawrence MA, 01843
Interior Features
Total Stories
9
Bedrooms
12
Total Bathrooms
6
Full Bathrooms
6
Interior Features
Kitchen, Living RM/Dining RM Combo
Appliances
Range, Microwave, Refrigerator, Freezer
Floor Description
Wood, Tile, Vinyl, Varies, Hardwood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard, Natural Gas
Exterior/Building Features
Lot Size
0.13 Acres
Lot Features
Level
Roof
Rubber
Sewer
Public Sewer
Other Property Details
Taxes
$8,213
Tax Frequency
Annually
Days on Market
31
Garage
No
Parking
Off Street
Parking Total
10
View
No
County
Essex
Water Source
Public
Pool
No
Zoning
R3
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
5/2/2024 | Pending | — |
4/18/2024 | Under Contract | — |
4/16/2024 | Active | — |
4/12/2024 | Under Contract | — |
Courtesy of Jack Mantville, 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 3:59 AM UTC, 5/9/2024
