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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Owner options
Explore your selling options
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
| Date | Event | Price |
|---|---|---|
| 7/31/2024 | Sold | $1,125,000$181/sqft |
Source: MLS PIN #73234720 Report a problem | ||
| 5/11/2024 | Contingent | $1,125,000$181/sqft |
Source: MLS PIN #73234720 Report a problem | ||
| 5/8/2024 | Listed 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
- NALawlor Early Childhood CenterGrades: KDistance: 0.5 mi
- 3/10Up Academy Leonard Middle SchoolGrades: 6-8Distance: 0.3 mi
- 2/10Lawrence High SchoolGrades: 9-12Distance: 1.7 mi

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