$950,000
SOLD DEC 20, 2024

63-69 Florence Ave Lawrence, MA 01841

Tower Hill Neighborhood
11 Beds
4 Baths
4,748 Sq Ft
3,900 Sq Ft Lot

Recently Sold

$200 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Deck
  • Living Room
  • Tile Flooring
  • Porch
  • Storage
  • Central Heating

About This Home

As of December 2024

Turnkey condition describes this 4 unit deleaded investment property on quiet side street. This property features newer roof, vinyl siding, boilers (4), hot water heaters (4) and vinyl windows. The electric is separate. Full basement with locked storage/work room for owner with additional storage space for tenants. Each unit includes an outside deck (4), washer/dryer hook-ups, as well as kitchen and pantry, living room, dining room plus 2 bedrooms and full bath. Three units use living room as a bedroom. Fabulous overall condition. All parking on street. No landscaping or plowing needed. Excellent opportunity to own an extremely well maintained investment property owned for 30+ years by current owner.

Last Agent to Sell the Property

The Carroll Team

RE/MAX Partners

RE/MAX Partners

Last Buyer's Agent

Nick Daher

Broad Sound Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,306

Year Built

  • Built in 1900

Lot Details

  • 3,900 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,748 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Living Room
  • Storage
  • Gas Dryer Hookup
  • Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Full Bathrooms

Basement

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

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Local Elementary And Middle School
  • LHS High School

Utilities

  • No Cooling
  • Central Heating
  • 4 Heating Zones
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating
  • 220 Volts
  • 60 Amp Service

Listing and Financial Details

  • Total Actual Rent $5,450
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Tax Lot 248
  • Assessor Parcel Number M:0241 B:0000 L:0048,4212526

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $65,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,306

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Tile, Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), Pantry, Lead Certification Available, Storage, Living Room, Kitchen, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 11
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Basement: Full, Interior Entry
  • Living Area: 4748
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows, Screens
  • MAIN LO: G62134
  • LIST PRICE PER Sq Ft: 195.85
  • PRICE PER Sq Ft: 200.08
  • MAIN SO: AN3502

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer
  • Cooling: None
  • Heating: Central, Baseboard, Natural Gas, Individual, Unit Control
  • Cooling Y N: No
  • Electric: 220 Volts, 60 Amps/Less
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

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: M:0241 B:0000 L:0048,4212526
  • Zoning: R-2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3900
  • Lot Size Units: Acres
  • PAGE: 65
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7306
  • Tax Block: 0000
  • Tax Book Number: 2370
  • Tax Lot: 248
  • Tax Map Number: 241

Multi Family

  • Gross Income: 65400
  • Net Operating Income: 65400
  • Number Of Units Total: 4
  • Total Actual Rent: 5450
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • 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

MLS Schools

  • High School: Lhs
  • Elementary School: Local
  • Middle Or Junior School: Local

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
12/20/2024 12/20/24 Sold $950,000 +2.2% $200 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $929,900 -- $196 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73313022

MLS Property Information Network (MLS PIN)

Massachusetts Essex County Lawrence 01841 Tower Hill

63-69 Florence Ave, Lawrence, MA

Homes for Sale in Lawrence, MA

This home is located at 63-69 Florence Ave, Lawrence, MA 01841 and is currently priced at $950,000, approximately $200 per square foot. This property was built in 1900. 63-69 Florence Ave is a home located in Essex County with nearby schools including Gerard A. Guilmette School, School For Exceptional Studies, and Lawrence Family Development Charter School.

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