Sold!
$1,150,000
12
Beds
6
Baths
4,620
Living Area
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Property Description
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.
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Highlights
- Heating: Baseboard, Natural Gas
- Property Class: Residential Income
- Total Rooms: 18
- Status: Closed
- Parking Spots: 10
- Property Type: 5-9 Family
- Year Built: 1920
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Additional Details
- Appliances: Range, Microwave, Refrigerator, Freezer
- Construction: Frame
- Foundation: Stone
- Lot Features: Level
- Roof: Rubber
- Year Built Details: Actual
- Zoning: R3
- Basement: Unfinished
- Flooring: Wood, Tile, Vinyl, Varies, Hardwood
- Interior Features: Kitchen, Living RM/Dining RM Combo
- Road Frontage Type: Public
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station
- Parking Features: Off Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $887,900
- Compensation Based On: Net Sale Price
- Tax Year: 2024
- Total Rent: $10,550
- Buyer Agent Compensation: 2.0%
- Rental Fee Includes: Unit 1(Heat, Water), Unit 2(Heat, Water), Unit 3(Heat, Water), Unit 4(Heat, Water)
- Taxes: $8,213
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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 Hancock Realty Group LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
