Juan Lopera-Martinez
eXp Realty LLC
(339) 338-4961
85 Total Sales
1 in Tower Hill
$580,000 Price
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
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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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Tower Hill, MA
-
Juan Lopera-Martinez
-
Jose Frias
Jose Frias
Responds QuicklyRealty ONE Group Nest
(351) 215-0157
129 Total Sales
5 in Tower Hill
$251K - $700K Price Range
-
Nick Cuevas
Nick Cuevas
Compass
(781) 776-5198
71 Total Sales
1 in Tower Hill
$485,000 Price
-
Marissa Amin
Marissa Amin
Amo Realty - Boston City Properties
(781) 236-7886
49 Total Sales
1 in Tower Hill
$710,000 Price
-
Matheus Goncalves
Matheus Goncalves
Mega Realty Services Inc
(508) 761-1925
163 Total Sales
1 in Tower Hill
$1,200,000 Price
-
Juan Jaramillo
Juan Jaramillo
(857) 465-4065
62 Total Sales
1 in Tower Hill
$365,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,948 | $542,308 | ||
| 2024 | $12,796 | $527,025 | ||
| 2023 | $12,796 | $511,675 | $0 | $0 |
| 2022 | $7,981 | $496,772 | $0 | $0 |
| 2021 | $8,026 | $482,303 | $0 | $0 |
| 2020 | $7,902 | $475,644 | $0 | $0 |
| 2019 | $7,688 | $458,044 | $0 | $0 |
| 2018 | $7,502 | $449,504 | $0 | $0 |
| 2017 | $6,743 | $440,258 | $0 | $0 |
| 2016 | $6,956 | $431,205 | $0 | $0 |
| 2015 | $6,612 | $428,207 | $0 | $0 |
| 2014 | $6,612 | $424,809 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Erwin Mata
EM
Seller's Agent in 2024
Erwin Mata
Lillian Montalto Signature Properties
(857) 688-3224
1 in this area
5 Total Sales
-
Michelle Fermin
Buyer's Agent in 2024
Michelle Fermin
Century 21 North East
(978) 423-6545
42 in this area
1,104 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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