Sold!
$1,020,000
6
Beds
4
Baths
4,394
Living Area
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Property Description
Cash Buyer Opportunity or renovation loan – Exceptional income-producing four-unit asset with strong upside potential. Two units have been fully renovated and are currently leased, offering immediate, stable income. A third unit features a long-term tenant and presents a clear value-add opportunity, with the potential to be easily converted from a one-bedroom into a two-bedroom. 4TH UNIT REQUIRES A FULL RENO AND IS UNINHABITABLE SO PLEASE CHECK WITH YOUR LENDER ON FINANCING. A compelling opportunity for investors seeking both cash flow and future appreciation. This property sits right off of Canal street with plenty of commercial and restaurants within short distance and a future train station and other public transit close by. Great sized parking lot in rear. 48 hours notice for all showings. Do not walk on premises without the agent.
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Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1930
- Parking Spots: 4
- Property Type: 4 Family
- Total Rooms: 18
- Status: Closed
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Additional Details
- Basement: Interior Entry, Concrete
- Flooring: Vinyl, Laminate
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: B4
- Construction: Frame
- Foundation: Stone
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Parking Features: Paved Drive, Leased
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $974,500
- Taxes: $11,051
- Tax Year: 2025
- Total Rent: $7,100
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Coldwell Banker Realty - Marblehead.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
