Seller's Agent in 2024
Erwin Mata
Lillian Montalto Signature Properties
(857) 688-3224
1 in this area
2 Total Sales
53 -53A Bellevue St Lawrence, MA 01841
Tower Hill Neighborhood
7
Beds
5
Baths
4,043
Sq Ft
6,262
Sq Ft Lot
Highlights
- Property is near public transit
- Attic
- Jogging Path
- Wood Flooring
- Mud Room
- Balcony
About This Home
As of April 2024Welcome to this fantastic four unit property in the heart of Lawrence MA, (Tower Hill area), where value add and cash flow opportunities abound! This well maintained multifamily presents an ideal investment opportunity for both owner occupants and passive income seekers. Each of the four units provide ample space for comfortable living. With a convenient location and strong rental demand, this property offers great income potential for investors. The units are well suited for value add improvements and current rents are well below market, allowing owners to enhance the property's appeal and maximize rental income. Bonus space in Attic, see pictures. Buyer and buyer's agent to do their own due diligence.
Last Agent to Sell the Property
Lillian Montalto Signature Properties Listed on: 01/14/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,031
Year Built
- Built in 1927
Lot Details
- 6,262 Sq Ft Lot
- Level Lot
Parking
- 1 Car Garage
- Common or Shared Parking
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Quadruplex
- Block Foundation
- Stone Foundation
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 4,043 Sq Ft Home
- Mud Room
- Living Room
- Storage
- Washer and Dryer Hookup
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Range
- Attic
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
- Bathtub
Outdoor Features
- Balcony
- Shed
- Porch
Location
- Property is near public transit
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
Listing and Financial Details
- Total Actual Rent $6,800
- Rent includes unit 1(none), unit 2(none), unit 3(none), unit 4(none)
- Assessor Parcel Number M:0210 B:0000 L:0008
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Park
- Jogging Path
Building Details
- Insurance Expense $2,600
- Operating Expense $17,844
- Net Operating Income $60,156
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2024 04/19/24 | Sold | $870,000 | +3.0% | $215 / Sq Ft |
| 01/26/2024 01/26/24 | Pending | -- | -- | -- |
| 01/14/2024 01/14/24 | For Sale | $844,987 | -- | $209 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Michelle Fermin
Century 21 North East
(978) 423-6545
51 in this area
1,133 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73193428
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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