$1,025,000
PENDING

Estimated payment $6,321/month

Total Views 2,485
6 Beds
5 Baths
2,664 Sq Ft
$385 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • Tandem Parking
  • Property is near public transit
  • Porch
  • 5-minute walk to GEAA Field

About This Home

This oversized 3-family consists of two (2) 2 bedrooms/2 bathroom units and one (1) 2 bedroom/1 bathroom unit with separately metered utilities. 15 Morris Street is located on a quiet tree-lined street and is situated on a DOUBLE LOT with potential opportunity of building an ADU unit in the back of the property by using the curb cut from Court Street, currently fenced with a door. The units are great layouts, and 2 units have renovated kitchens and bathrooms. There is a large back deck overlooking the backyard with 6 parking spots in the driveway. The common area has new flooring installed as well as freshly painted walls, railings, and stairs. Laundry in the basement. This property is not to be missed.

Listing Agent

Sara Pouladian

North Shore Realty Advisors Listed on: 07/23/2025

Co-Listing Agent

Dan Pouladian

North Shore Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,922

Year Built

  • Built in 1925

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,664 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • 3 Heating Zones

Additional Features

  • 6,782 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:020 B:281 L:006,1993690

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $345
  • Insurance Expense $4,591
  • Water Sewer Expense $2,536
  • Operating Expense $17,994
  • Net Operating Income $73,764

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,922

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1925
  • Levels: 3
  • Buyer Agency: 1
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: OpenHouse
  • Stories: 3

Interior Features

  • Flooring: Wood, Vinyl
  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full
  • Above Grade Finished Sq Ft: 2664
  • Living Area: 2664
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN7007
  • LIST PRICE PER Sq Ft: 384.76
  • PRICE PER Sq Ft: 384.76

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Composite
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2536

Lot Info

  • Parcel Number: M:020 B:281 L:006,1993690
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6782
  • Lot Size Units: Acres
  • PAGE: 282

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7922
  • Tax Book Number: 42527

Multi Family

  • Electric Expense: 345
  • Gross Income: 94593
  • Insurance Expense: 4591
  • Net Operating Income: 73764
  • Number Of Units Total: 3
  • Operating Expense: 17994
  • Total Actual Rent: 7883
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 2
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,922 $764,700 $215,200 $549,500
2024 $7,805 $741,200 $197,700 $543,500
2023 $7,379 $661,800 $176,100 $485,700
2022 $7,460 $600,200 $165,500 $434,700
2021 $6,909 $530,200 $136,600 $393,600
2020 $6,378 $476,000 $114,000 $362,000
2019 $6,088 $425,700 $97,900 $327,800
2018 $5,840 $385,500 $107,100 $278,400
2017 $5,613 $359,800 $94,700 $265,100
2016 $5,283 $326,500 $89,700 $236,800
2015 $4,491 $268,100 $77,200 $190,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Pending -- -- --
07/23/2025 07/23/25 For Sale $1,025,000 +192.9% $385 / Sq Ft
05/06/2015 05/06/15 Sold $350,000 0.0% $131 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $350,000 -- $131 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Not Resolvable $350,000 --
Deed -- --
Deed $134,000 --
Deed $134,000 --
Foreclosure Deed $293,484 --
Foreclosure Deed $293,484 --
Deed $49,000 --
Deed $49,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $539,000 Stand Alone Refi Refinance Of Original Loan
Closed $441,086 FHA
Closed $343,660 FHA
Previous Owner $328,800 No Value Available
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73408255

MLS Property Information Network (MLS PIN)

APN: LYNN-000020-000281-000006