Sold!
$870,000
11
Beds
4/2
Baths
4,930
Living Area
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Property Description
** Multiple Offer Notification -- Offer deadline: Tuesday, November 21st at 12pm. Please allow 24 hours for responses. ** Don't miss this rare opportunity to own a 4-unit rental property in South Lawrence! This fully tenanted, lead compliant, multi-family offers a lot of square footage and spacious, well-maintained units that is perfect for a new or seasoned investor. The 1st floor units are 2 bed / 1 bath garden style units with washer / dryer hookups. The 2nd floor units are townhouse style 3 and 4 bed units with 1.5 baths and laundry hook-ups in-unit with access to private front and rear decks. All heating systems and hot water tanks were replaced in 2018. The current monthly gross cash flow on this property is $6,050/month and $72,600/year!
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Highlights
- Area: South Lawrence
- Heating: Unit 1(Forced Air), Unit 2(Hot Water Baseboard), Unit 3(Forced Air), Unit 4(Hot Water Baseboard)
- Property Type: 4 Family
- Year Built: 1900
- Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
- Property Class: Residential Income
- Total Rooms: 27
- Status: Closed
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Additional Details
- Appliances: Unit 1(Range, Dishwasher, Refrigerator, Vent Hood), Unit 2(Range, Refrigerator, Vent Hood), Unit 3(Range, Refrigerator, Vent Hood), Unit 4(Range, Refrigerator, Vent Hood)
- Construction: Frame
- Flooring: Unit 2(Hardwood Floors)
- Interior Features: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available, Bathroom With Tub & Shower), Unit 3(Lead Certification Available), Unit 4(Lead Certification Available), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen), Unit 4 Rooms(Living Room, Dining Room, Kitchen)
- Road Frontage Type: Public
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Full, Interior Entry, Concrete, Unfinished
- Exterior Features: Deck - Wood
- Foundation: Stone
- Lot Features: Corner Lot
- Roof: Shingle, Rubber
- Year Built Details: Actual
- Zoning: R3
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Utilities
- Electric: 100 Amp Service, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $676,100
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $6,050
- Buyer Agent Compensation: 2%
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $6,869
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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 Citylight Homes LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
