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Sold for $1,125,000
  • $1,125,000

    71-73 Elm St, Lawrence, MA 01841

    12beds
    6,204sqft
    5-9 Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $181/sqft
    $2,879 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,879/mo

    Zestimate® history
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    What's special

    Great investment opportunity roughly half a mile from Lawrence general and walking distance to Essex Street. Boasting 6 very large, separately metered 2-bedroom units, all with mirroring layouts and lead certs. Some off street parking along the side of the building is available for tenant use. The property has a full walkout and well kept basement with updated systems and a storage/work area for property maintenance. Rents are all well below market for the area and the building's bones and systems are great. This property is set up to be a fantastic cash flowing and low headache addition to any investors portfolio.

    Zillow last checked: 8 hours ago

    Listing updated: August 22, 2024 at 04:25pm

    Listed by:

    Patrick Hermans 254-383-5521,

    J. Borstell Real Estate, Inc. 978-502-8045

    Bought with:

    Israel Reyes

    Hancock Realty Group LLC

    Source: MLS PIN,MLS#: 73234720

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 6,204
    • Total interior livable area: 6,204 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off Street
    • Uncovered spaces: 6
    Lot
    • Size: 3,566 sqft
    • Features: Corner Lot
    Details
    • Zoning: unkwn

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Rubber
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Park, Medical Facility
    Location
    • Region: Lawrence

    HOA & financial

    Other financial information
    • Total actual rent: 8800

    Price history

    DateEventPrice
    7/31/2024Sold$1,125,000$181/sqft
    Source: MLS PIN #73234720 Report a problem
    5/11/2024Contingent$1,125,000$181/sqft
    Source: MLS PIN #73234720 Report a problem
    5/8/2024Listed for sale$1,125,000$181/sqft
    Source: MLS PIN #73234720 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 01841

    Nearby schools

    GreatSchools rating
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