Salem, MA 01970,49 Lawrence Street
Salem, MA 01970,49 Lawrence Street
Salem, MA 01970,49 Lawrence Street
30
$1,115,000
$1,050,000
6.2%
Est.Price: ?

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9 BD
3 BA
3,159 SqFt

49 Lawrence Street Salem, MA 01970

Est. payment /mo
SOLD DATE : 11/05/2024

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Key Details

Sold Price $1,115,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,159 sqft

Price per Sqft $352

MLS Listing ID 73298609

Bedrooms 9

Full Baths 3

Year Built 1900

Annual Tax Amount $7,734

Tax Year 2024

Lot Size 6,969 Sqft

Property Description

**Attention Investors and Homeowners!** Whether you're seeking an outstanding long-term investment, a 1031 exchange before year-end, or looking to offset your mortgage with rental income, this property offers the perfect opportunity. Rent out all three units and generate over $100k in gross annual income, flip for condos, or live in the beautifully updated first-floor unit. Located just a few blocks from the proposed new commuter rail station. Exceptionally updated three-family home features 3 bedrooms and 1 bathroom in each unit. The units have porches to enjoy summer evenings. Full basement for storage and it walks out to nice size yard. Off street parking for 4-5 cars. Two units are already fully rented to excellent tenants, while the first-floor unit is available for you to rent or occupy as you see fit. Rare to find an all 3 bedroom unit multifamily. Don’t miss this incredible chance!

Location

State MA

County Essex

Zoning R2

Interior

Heating Forced Air, Natural Gas

Cooling None

Flooring Wood, Tile, Hardwood

Exterior

Community Features Public Transportation, Shopping, Medical Facility, House of Worship, Public School, T-Station

Utilities Available for Gas Range

Waterfront false

Roof Type Shingle

Building

Story 6

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

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Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Bought with Pax Estate Group • eXp Realty

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Jillian J. Davis

Agent | License ID: 9583416

+1(617) 777-0933

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