NOT LISTED FOR SALE

44 Chester St Lawrence, MA 01843

South West Neighborhood
11 Beds
6 Baths
4,930 Sq Ft
3,485 Sq Ft Lot

Last Sold January 03, 2024

Last sale price $870,000 $176 Per Sq Ft

6 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Heating Available
  • Corner Lot

About This Home

As of January 2024

** Multiple Offer Notification -- Offer deadline: Tuesday, November 21st at 12pm. Please allow 24 hours for responses. ** Don't miss this rare opportunity to own a 4-unit rental property in South Lawrence! This fully tenanted, lead compliant, multi-family offers a lot of square footage and spacious, well-maintained units that is perfect for a new or seasoned investor. The 1st floor units are 2 bed / 1 bath garden style units with washer / dryer hookups. The 2nd floor units are townhouse style 3 and 4 bed units with 1.5 baths and laundry hook-ups in-unit with access to private front and rear decks. All heating systems and hot water tanks were replaced in 2018. The current monthly gross cash flow on this property is $6,050/month and $72,600/year!

Last Agent to Sell the Property

Jessica Tomlinson

Coldwell Banker Realty - Haverhill Listed on: 11/14/2023

Coldwell Banker Realty - Haverhill

Last Buyer's Agent

Vanessa Palmieri

Kearns Nardone Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,869

Year Built

  • Built in 1900

Lot Details

  • 3,484 Sq Ft Lot
  • Corner Lot

Parking

  • Open Parking

Home Design

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

Interior Spaces

  • 4,930 Sq Ft Home
  • Insulated Windows
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • 4 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $6,050
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Tax Block 76
  • Assessor Parcel Number 4205503

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $72,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,869

Year Built

Built in 1900

Lot Details

3,484 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available,Bathroom With Tub & Shower), Unit 3(Lead Certification Available), Unit 4(Lead Certification Available), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen), Unit 4 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator,Vent Hood), Unit 2(Range,Refrigerator,Vent Hood), Unit 3(Range,Refrigerator,Vent Hood), Unit 4(Range,Refrigerator,Vent Hood)
  • Total Bedrooms: 11
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 4 Laundry Room
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 4930
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: AN6617

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Forced Air), Unit 2(Hot Water Baseboard), Unit 3(Forced Air), Unit 4(Hot Water Baseboard)
  • Cooling Y N: No
  • Electric: 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4205503
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6869
  • Tax Block: 76
  • Tax Lot: 0

Multi Family

  • Net Operating Income: 72600
  • Number Of Units Total: 4
  • Total Actual Rent: 6050
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1
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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 List to Sale Price per Sq Ft
01/03/2024 01/03/24 Sold $870,000 +8.9% $176 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $799,000 -- $162 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Agents Affiliated with this Home

  • Jessica Tomlinson

    Seller's Agent in 2024

    Jessica Tomlinson

    Coldwell Banker Realty - Haverhill

    (978) 509-3137

    2 in this area

    101 Total Sales

    Jessica Tomlinson
    Section Image

  • V

    Buyer's Agent in 2024

    Vanessa Palmieri

    Kearns Nardone Realty LLC

    1 in this area

    27 Total Sales

    Vanessa Palmieri
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73180332

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Lawrence 01843 South West

44 Chester St, Lawrence, MA

Not Listed for Sale

MultiFamily

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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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