Lawrence MA Multi Family for Sale
Open House:
Sunday, 11/10 12:00-2:00PM
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 5
- Lot size:
- 0.07 Acres
- Year built:
- 1922
- Baths:
- 2.00
- MLS#:
- 73310422
ADDITIONAL INFORMATION
Updated 2 family located in the desirable South Lawrence area near the Andover line. The property has a brand new roof recently done over back in 2022, two new gas furnace heaters and two new boilers replaced in 2022. First floor is vacant, has 2 bedrooms but can be converted into a 3 bedroom apartment. The second floor is rented but tenants are at will with no contract. The home is great for owner occupants looking to live in one floor and rent the other or a savy investor looking to increase rents in a hot market. The property has 3 parking spots and a cozy backyard. Property is turn key and requires minimal maintenance, don’t miss out.
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 10
- Year built:
- 1900
- Baths:
- 6.00
- MLS#:
- 73295814
ADDITIONAL INFORMATION
Discover an exceptional investment opportunity with this versatile multi-use property, featuring a blend of new construction and existing residences. Enjoy four beautifully designed residential units, including two newly constructed open-space units with 2 bedrooms, 1 bath, and central AC. Additionally, there are two spacious units offering 3 bedrooms and 1 bath each. Complementing the residential spaces are two prime main-level retail spaces. The interiors are highlighted by upgraded kitchens, durable laminate flooring, and stylish tile accents that seamlessly combine durability with aesthetic appeal. Don’t miss out on this promising addition to your portfolio!
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1880
- Baths:
- 7.00
- MLS#:
- 73201130
ADDITIONAL INFORMATION
Welcome to this unique investment opportunity - a 5-unit multi-family home currently utilized as a 4-unit gem! Situated in a convenient location, this property is a canvas awaiting your transformative touch!! The exterior needs some TLC offering an ideal project for the savvy investor. Inside discover the updated heating systems ensuring comfort and efficiency. The units boast a mix of modernization, with a spacious 3 bedroom, two inviting 2 bedroom apartments, and a cozy 1 bedroom retreat. Each unit offers a comfortable living space embracing a balance of functionality and charm. The outside offers ample parking - a luxury - plus a foundation for another building with garage space below plus a storage shed.This property stands as a promising investment opportunity, combining the appeal of a multi-family home with the potential for value appreciation!! *****24 Hour Notice to show required****
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Lawrence Real Estate
The median home value in Lawrence, MA is $388,200. This is lower than the county median home value of $572,900. The national median home value is $338,100. The average price of homes sold in Lawrence, MA is $388,200. Approximately 27.93% of Lawrence homes are owned, compared to 68.12% rented, while 3.95% are vacant. Lawrence real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lawrence real estate agent to arrange a tour today!
Lawrence, Massachusetts 01843 has a population of 87,798. Lawrence 01843 is less family-centric than the surrounding county with 20.73% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Lawrence, Massachusetts 01843 is $47,542. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Lawrence 01843 is 32.2 years.
Lawrence Weather
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 48.3 inches per year, with 53.7 inches of snow per year.