172-174 Park St, Lawrence, MA 01841

Listing Courtesy of : Kim Mulligan ---- Realty Direct Somerville

$1,249,000
12
BD
4
BA
5,023
SqFt

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List Price
$1,249,000
Price Change
▼ $51,000 1789925929
Status
ACTIVE
MLS#
73555467
Bedrooms
12
Bathrooms
4
Full Baths
4
Living Area
5,023
Lot Size (Acres)
0.16
Year Built
1910

Property Description

Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5room/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 currently tenanted units being Tenants At Will. 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.

Additional Information

Taxes
$7,404
Interior Features
Laundry Room
Exterior Features
Sprinkler System, Fruit Trees, Garden
Parking Description
Paved Drive, Off Street, Paved
Parking Features
Paved Drive, Off Street, Paved
Parking Spaces
11
Water Source
Public
Lot Description
Level
Heat Zones
4
Water
Public
Sewer
Public Sewer
Elementary School
John K. Tarbox School
Middle School
Arlington Middle School
High School
Lawrence High School

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