Address
130-142 South Union St Lawrence, MA
Price
$ 2,250,000
Property Attributes
  • MLS#72887936
  • TypeMulti-Family
  • CountyESSEX
  • CityLawrence
  • AreaSouth Lawrence
  • Zip01843
  • Style5+ Family - 5+ Units Up/Down
  • Year Built1900
  • Taxes$ 11303
  • Price$ 2,250,000
  • Bedrooms17
  • Full Bathrooms10
  • Half Bathrooms5
  • Sqr Footage16602
  • Lot Size7,841 SqFt
Listing Provided Courtesy Of:
Joseph Lilly with Sky Realty, LLC.
Data Source:
Massachusetts MLS Property Info Network (MLSPIN) - 3 - MA
Property Description

Huge South Lawrence, mixed use building, 15 total units. 10 residential apartments and five retail stores. Residential apartments consists of 8 two bedrooms, 1 one bedroom & 1 studio. Six of the ten units have been updated. Individual hot water tanks are approximately two years old and high efficiency. Units are rented significantly below market. High traffic location is great for retail. Large corner retail store has excellent visibility. Are you a buyer which keeps getting their offer refused because they want to sell their property and 1031 the proceeds into another property? The seller will purchase a buyer's present building to make the exchange a seamless transaction. Property has frontage on Bailey and South Union Streets. Rent roll and expenses attached. Please do not disturb retail tenants.

Price History
8/30/2021 Listed $2,250,000

General Features

Construction Material Frame
Full Baths 10
Half Baths 5
Heat Zones 6
Heated Units 1
Lead Paint Unknown
Levels 5
Parking Features Off-Street
Parking Spaces 2
Roof Rubber
Sewer City/Town Sewer
Square Feet 16602.00
State Massachusetts
Unit 1 Rent 1395
Unit 2 Rent 1350

Interior Features

Bedrooms (1) 2
Bedrooms (2) 2
Bedrooms (3) 2
Bedrooms (4) 2
Hot Water Natural Gas
Total Bedrooms 17
Total Number of Units 15

Exterior Features

Exterior Vinyl
Foundation Fieldstone
House Color Beige
Lot Description Corner

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 01843

Price
AVG $880K
$2.25M
Taxes
AVG $6,783
$11,303
Visits
AVG 11
54
Year Built
AVG 1910
1900

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