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Adam Dow

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

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53-57 Woodland St , Lawrence, MA 01841
$1,900,000
Est. Payment: $4,222.22/mo
22 Bed
7 Bath
8690 Sqft
Status: Under Agreement | Days on site: 14
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AN2723 - CN230412
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House Description

53-57 Woodland St contains seven (7) total units, spread across two (2) 3-Family structures and a Single Family. Units are comprised of two (2) 4-Bedroom/1-Bathroom units, four (4) 3-Bedroom/1-Bathroom units, and one (1) 2-Bedroom/1-Bathroom unit with 8,690 square feet of gross living area in 14,240 square feet of gross area. The Properties are spread across 0.50-acres of land and feature ten (10) off-street parking spaces, and have been updated with a new roof, electrical, and some recently renovated units. The Property’s multi-building configuration also provides the potential to reposition the asset as two separate properties consisting of three (3) units and four (4) units, respectively. This flexibility creates multiple exit strategies and broadens the pool of prospective buyers, including both investors and owner-occupants. The opportunity exists to acquire a well-located asset with significant upside potential for new ownership. Buyers and buyer's agent to perform own due diligence.

Highlights

Listed by Spencer Norton , 781-776-4524 Horvath & Tremblay , 781-776-4000.

Property Type

Multi-Family

Lot/Acreage
0.5

Year Built

1900

County

Essex

Listing ID

73556228

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:22
  • Bathrooms:7
  • Full Bathrooms:7
Water:Public

Exterior Features

Garage Capacity:10
Zoning:R-2
Roof:Shingle,Rubber
Sewer:Public Sewer
Parking Features:Off Street,Paved,Parking Spaces: 10
Principal Interest
$4,222
Taxes
$875

Home Price

$1,900,000

Loan Details

30 yrs
%

Down Payment

20%
$380,000
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Monthly Price:
$4,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,222.22 $875.42 $0.00 $5,097.64
Yearly $50,666.67 $10,505.00 $0.00 $61,171.67
Total $1,520,000.00 $315,150.00 $0.00 $1,835,150.00

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.