172-174 Park St, Lawrence, MA 01841

$1,300,000
12
BD
4
BA
5,023
SqFt

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Listing courtesy of Listing Agent: Kim Mulligan from Listing Office: Realty Direct Somerville.

List Price
$1,300,000
Status
ACTIVE
Days on Market
9
MLS#
73555467
Subtype
Residential Income
Year Built
1910
Bedrooms
12
Bathrooms
4
Full Baths
4
Living Area
5,023
Lot Size
7,000
Acres
0.16

Property 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, replacement windows, low-maintenance vinyl siding, and separately metered gas and electric utilities. Additional amenities include coin-operated laundry, dedicated tenant storage, a one-car garage and off street parking for 8+ more vehicles, storage shed, fenced yard with fruit trees & garden area. Strong in-place rental income. All three tenanted units are TAW, providing 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

Interior Features
Laundry Room
Exterior Features
Sprinkler System, Fruit Trees, Garden
Taxes
$7,404
Zoning
B1
Appliances
Range, Microwave, Refrigerator
Heating
Steam, Natural Gas
Stories
4
Levels
4
Foundation
Concrete Perimeter, Stone
Parking Features
Paved Drive, Off Street, Paved
Garage Spaces
1
Elementary School
John K. Tarbox School
Middle School
Arlington Middle School
High School
Lawrence High School

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