Seller's Agent in 2022
Rob Mignogna
Trusted Source Realty Group
(781) 686-5431
1 in this area
38 Total Sales
51-55 Loring St Lawrence, MA 01843
South Common Neighborhood
7
Beds
5
Baths
4,643
Sq Ft
8,760
Sq Ft Lot
Highlights
- City View
- Wood Flooring
- Corner Lot
- Property is near public transit
- Sun or Florida Room
- Enclosed Patio or Porch
About This Home
As of September 2022Investors take note! Rare opportunity to own a 5 family conveniently located off of 495 on the Lawrence/North Andover line. 4 units are rented and will be conveyed occupied (TAW) and there's also 1 top floor 2 + br unit was recently refreshed and is ready for a tenant or an onsite landlord/owner! The gas heating systems AND water heaters were all recently replaced in the last few years, are all separated per unit and the electric meters are all on a per unit basis as well! Vinyl siding and roofing replaced in the last few years too! Separate 3 car garage could possibly be used as $$ storage for additional tenant revenue and off street parking for AT LEAST 10 vehicles is just an added bonus at this gem. Yard space galore here too, a rarity! Easy to show, schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,862
Year Built
- Built in 1895
Lot Details
- 8,760 Sq Ft Lot
- Corner Lot
- Level Lot
Parking
- 3 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Roof
Interior Spaces
- 4,643 Sq Ft Home
- Sun or Florida Room
- City Views
- Unfinished Basement
- Interior Basement Entry
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Utilities
- No Cooling
- Heating Available
- Gas Water Heater
Additional Features
- Enclosed Patio or Porch
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $3,500
- Assessor Parcel Number M:0044 B:0000 L:0001,4200003
Community Details
Overview
- 5 Units
- Property has 1 Level
Building Details
- Net Operating Income $57,600
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/27/2022 09/27/22 | Sold | $815,000 | -8.4% | $176 / Sq Ft |
| 08/12/2022 08/12/22 | Pending | -- | -- | -- |
| 08/01/2022 08/01/22 | Price Changed | $889,900 | -1.0% | $192 / Sq Ft |
| 07/20/2022 07/20/22 | For Sale | $899,000 | -- | $194 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Rob Mignogna
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73015193
APN: LAWR M:0044 B:0000 L:0001
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