Seller's Agent in 2022
Linda Early
Berkshire Hathaway HomeServices Verani Realty Methuen
(978) 375-4344
1 in this area
45 Total Sales
267-269 Merrimack St Lawrence, MA 01843
South Common NeighborhoodEstimated Value: $851,395
4
Beds
2.5
Baths
3,245
Sq Ft
$262/Sq Ft
Est. Value
About This Home
As of August 2022Location, location, location!This is a very rare opportunity to acquire an investment property located in the highly desirable Riverwalk area of Lawrence. This property has been meticulously maintained for many years. Enjoy positive cash flow from the 3 long term tenants. This property is comprised of a first floor commercial space together with 2 apartments each of which have 2 bedrooms. Situated on a nice corner lot with easy access for commuters as well as steps away from the Train Station. Don't miss this opportunity to own a fantastic, cash flowing investment in a thriving, redeveloping area with incredible growth potential.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Verani Realty Methuen Listed on: 06/22/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,836
Year Built
- Built in 1912
Lot Details
- 3,300 Sq Ft Lot
Parking
- 2 Car Parking Spaces
Home Design
- 3,245 Sq Ft Home
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
Listing and Financial Details
- Total Actual Rent $1,975
- Assessor Parcel Number M:0065 B:0000 L:0011,4201443
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $23,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 6, 2001
Sold by
Grzybowski Zenon
Bought by
Chris Far Rt
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$36,946
Interest Rate
7.05%
Mortgage Type
Commercial
Estimated Equity
$820,311
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chris Far Rt | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chris Far Rt | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2022 08/15/22 | Sold | $685,000 | -2.1% | $211 / Sq Ft |
| 06/30/2022 06/30/22 | Pending | -- | -- | -- |
| 06/22/2022 06/22/22 | For Sale | $699,900 | -- | $216 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | -- | $596,900 | $145,600 | $451,300 |
| 2024 | -- | $525,800 | $127,500 | $398,300 |
| 2023 | $0 | $422,100 | $106,100 | $316,000 |
| 2022 | $0 | $335,300 | $96,800 | $238,500 |
| 2021 | $0 | $312,000 | $96,800 | $215,200 |
| 2020 | $0 | $301,600 | $88,400 | $213,200 |
| 2019 | $0 | $272,400 | $91,600 | $180,800 |
| 2018 | $0 | $248,100 | $83,400 | $164,700 |
| 2017 | $0 | $231,600 | $74,000 | $157,600 |
| 2016 | -- | $222,900 | $70,500 | $152,400 |
| 2015 | -- | $222,900 | $70,500 | $152,400 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Early
-
Stephan Coufos
Seller Co-Listing Agent in 2022
Stephan Coufos
Berkshire Hathaway HomeServices Verani Realty
(978) 758-3688
1 in this area
103 Total Sales
-
Jennelle Graziano
J
Buyer's Agent in 2022
Jennelle Graziano
Century 21 North East
(617) 610-0362
3 in this area
35 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73001813
APN: LAWR-000065-000000-000011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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