NOT LISTED FOR SALE

279 S Broadway Lawrence, MA 01843

South West Neighborhood
7 Beds
6 Baths
4,452 Sq Ft
6,098 Sq Ft Lot

Last Sold March 08, 2021

Last sale price $755,000 $170 Per Sq Ft

32 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Corner Lot
  • Medical Services
  • Property is near public transit
  • Balcony

About This Home

As of March 2021

Mt. Vernon Area 6 UNIT Multi-family For Sale with an incredible rate of return. This 6-UNIT has been well maintained by the same owner for almost 20 years. Great corner location on South Broadway and Easton St. located right at the bus stop. Five of Six units have freshly painted interiors, fresh paint throughout common areas, furnace and two hot water tanks only one-year-old, new insulation in the basement ceiling, all units have new electric stoves, new electric service 100 amps. Fenced in yard, gravel parking lot for six vehicles. Contact list agent for showings and Property Operating Data along with rents and lease info.

Last Agent to Sell the Property

Team Lillian Montalto

Lillian Montalto Signature Properties Listed on: 11/18/2020

Last Buyer's Agent

Susan Sells

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,554

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Garden

Home Design

  • 4,452 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Stone Driveway
  • Unpaved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Bulkhead
  • Balcony
  • Deck
  • Outdoor Storage
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,392
  • Rent includes unit 1(heat gas water hot water), unit 2(heat electric gas water hot water), unit 3(heat gas water hot water), unit 4(heat gas water hot water)
  • Tax Lot 0099
  • Assessor Parcel Number 4205379

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park

Building Details

  • Net Operating Income $52,104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,554

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 7

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 7
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Walk-Out Access, Bulkhead, Concrete, Unfinished
  • Living Area: 4452
  • Stories Total: 7
  • MAIN LO: G62122
  • LIST PRICE PER Sq Ft: 174.08
  • PRICE PER Sq Ft: 169.59
  • MAIN SO: G95022

Exterior Features

  • Exterior Features: Balcony, Rain Gutters, Storage, Garden
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Stone/Gravel, Unpaved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard), Unit 3(Hot Water Baseboard), Unit 4(Hot Water Baseboard)
  • Cooling Y N: No
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Heat,Gas,Water,Hot Water), Unit 2(Heat,Electric,Gas,Water,Hot Water), Unit 3(Heat,Gas,Water,Hot Water), Unit 4(Heat,Gas,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4205379
  • Zoning: 00
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.4
  • Lot Size Units: Acres
  • LOT SIZE: 6000
  • PAGE: 309

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5553.84
  • Tax Block: 0000
  • Tax Book Number: 5176
  • Tax Lot: 0099
  • Tax Map Number: 0018

Multi Family

  • Gross Income: 52104
  • Net Operating Income: 52104
  • Number Of Units Total: 6
  • Total Actual Rent: 3392
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $755,000 -2.6% $170 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $775,000 -- $174 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Team Lillian Montalto

    Seller's Agent in 2021

    Team Lillian Montalto

    Lillian Montalto Signature Properties

    (978) 815-6301

    2 in this area

    1,000 Total Sales

    Team Lillian Montalto
    Section Image
  • Susan Sells

    Buyer's Agent in 2021

    Susan Sells

    Keller Williams Realty

    (978) 902-1231

    1 in this area

    119 Total Sales

    Susan Sells
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72758585

MLS Property Information Network (MLS PIN)

Massachusetts Essex County Lawrence 01843 South West

279 S Broadway, Lawrence, MA

This home is located at 279 S Broadway, Lawrence, MA 01843 since 18 November 2020. This property was built in 1900. 279 S Broadway is a home located in Essex County with nearby schools including John Breen School, School For Exceptional Studies, and Robert Frost Middle School.

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.

MLS Property Information Network (MLS PIN) 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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