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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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172-174 Park St , Lawrence, MA 01841
$1,300,000
Est. Payment: $2,888.89/mo
12 Bed
4 Bath
5023 Sqft
Status: Active | Days on site: 52
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AN0535 - BB985699
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5-6 room, 3-bedroom apartments, with the owner’s unit to be delivered vacant at closing—a rare opportunity to move right in or lease at market rent. Extensively updated through 2010, the property features a full building sprinkler system, separately metered gas and electric utilities, replacement windows, and low-maintenance vinyl siding. Additional amenities include coin-operated laundry, dedicated tenant storage, a one-car garage with 8+ more off-street parking spots, storage shed, fenced yard with fruit trees & garden area. Strong in-place rental income with all three tenanted units being TAW. Plenty of flexibility for future occupancy or rental adjustments. This is an excellent opportunity for both owner-occupants and investors seeking a well-maintained income property.
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Highlights

Listed by Kim Mulligan , 508-493-1090 Realty Direct Somerville , 508-493-1090.

Property Type

Multi-Family
Lot/Acreage
0.16

Year Built

1910

County

Essex

Listing ID

73555467

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:12
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:Range, Microwave, Refrigerator
Other:
  • ▪ Additional:Laundry Room
Water:Public

Exterior Features

Lot:Level
Garage Capacity:11
Zoning:B1
Roof:Rubber
Others:
  • ▪ Additional:Sprinkler System, Fruit Trees, Garden
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Paved,Parking Spaces: 11
Principal Interest
$2,889
Taxes
$617

Home Price

$1,300,000

Loan Details

30 yrs
%

Down Payment

20%
$260,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,888.89 $617.00 $0.00 $3,505.89
Yearly $34,666.67 $7,404.00 $0.00 $42,070.67
Total $1,040,000.00 $222,120.00 $0.00 $1,262,120.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lawrence, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.