$700,000
PENDING

Estimated payment $4,465/month

Total Views 2,396
12 Beds
3 Baths
5,371 Sq Ft
$130 Price per Sq Ft

Highlights

  • City View
  • Property is near public transit
  • Porch
  • Deck
  • Jogging Path
  • 1-minute walk to Stockton Park

About This Home

INVESTORS TAKE NOTICE! 5 FAMILY INVESTMENT OPPORTUNITY - This property consist of 2 buildings on one lot with over 5000 sq ft of living space. (3, 3 bdrms units, 1, 2 bdrm unit and 1, 1 bdrm unit). Off street parking for 5 cars. New furnaces, hot water tanks and stoves in last 2 years, All tenant occupied and are TAW, rents are currently below market value. Separate utilities. This is your chance to buy an incredible multi family located in South Lawrence, convenient to schools, shopping, public transportation and close to I495 and I 93.

Listing Agent

Mark Beliveau

Lamacchia Realty, Inc. Listed on: 08/03/2021

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,193

Year Built

  • Built in 1920

Lot Details

  • 6,270 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 5,371 Sq Ft Home
  • City Views
  • Washer and Dryer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 5 Heating Zones
  • Heating System Uses Natural Gas
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number M:0079 B:0000 L:0059,4202301

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Net Operating Income $47,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,193

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1920
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Basement: Unfinished
  • Living Area: 5371
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: NB2794
  • LIST PRICE PER Sq Ft: 130.33
  • PRICE PER Sq Ft: 130.33

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Natural Gas, Oil
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0079 B:0000 L:0059,4202301
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6270
  • Lot Size Units: Acres
  • PAGE: 23
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7193
  • Tax Book Number: 10339

Multi Family

  • Gross Income: 47700
  • Net Operating Income: 47700
  • Number Of Units Total: 5
  • Total Actual Rent: 3975
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • 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

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $700,000 -- $130 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72875701

MLS Property Information Network (MLS PIN)

APN: LAWR M:0079 B:0000 L:0059