$1,149,000
7
Beds
6
Baths
4,583
Living Area
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Property Description
This 6-unit multi-family residence property consists of (4) one-bedroom units, (1) three- bedroom unit, and (1) Studio. Having all separate utilities provides a lower cost of ownership for an investor that is looking for cash flow and income growth potential. The property encompasses 4583 square feet of living area, situated upon a generous 7520 square foot lot. This 6-unit property has a mansard roof that is in good condition, separate gas heating systems, separate electrical electrical panels and meters,vinyl replacement windows, and a recently updated Fire Alarm Panel. Three dedicated garage spaces, with remote openers, offering convenient vehicle accommodations and the potential for additional income. Great commuter location just 1.2 miles from the commuter rail. Close to local shops and downtown restaurants. A short drive to Route 114, Route 495, Route 93, Route 28, the Methuen Loop shopping center, and tax-free shopping in Salem, NH.
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Highlights
- Area: North Lawrence
- Parking Spots: 7
- Property Type: 5-9 Family
- Total Rooms: 17
- Status: Active
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1910
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Additional Details
- Basement: Full
- Fireplaces: 1
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 6
- Year Built Source: Public Records
- Construction: Frame
- Flooring: Wood, Tile
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: B23
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
- Parking Features: Paved Drive, Off Street
- Covered Parking Spaces: 3
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Utilities
- Electric: 60 Amps/Less
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $664,200
- Taxes: $5,845
- Tax Year: 2025
- Total Rent: $6,550
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