Sold for $1,150,000

$1,150,000

35-37 Falmouth St, Lawrence, MA 01843

12beds

4,620sqft

5-9 Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$249/sqft

$2,949 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,949/mo

Zestimate^® history

Owner options

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$2,949/mo

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$2,949/mo

Rent Zestimate^®

Refinance and save

$7,121/mo

Est. payment

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$7,121/mo

Est. payment

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What's special

Don't miss this opportunity to purchase 6 units located just over the North Andover line in South Lawrence. This building is comprised of six 2 bed 1 bath units, half of which have been fully renovated. These renovations include, but are not limited to, new kitchens, bathrooms, flooring, paint and windows. All of the units have boasted high rental demand because of the off street parking spaces, impeccable location to I-495 and other forms of public transportation. Additional income can be generated by providing 1 off-street parking space per unit and renting out the rest to local commuters or residents. Other major renovations include new roof, new soffits, freshly poured basement floor, rebuilt front porch and rebuilt side porches for all three levels.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 6
Full bathrooms: 6

Heating

Baseboard, Natural Gas

Cooling

None

Appliances

Included: Range, Microwave, Refrigerator, Freezer

Features

Kitchen, Living RM/Dining RM Combo
Flooring: Wood, Tile, Vinyl, Varies, Hardwood
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 4,620
Total interior livable area: 4,620 sqft

Property

Parking

Total spaces: 10
Parking features: Off Street
Uncovered spaces: 10

Features

Patio & porch: Porch

Lot

Size: 5,460 sqft
Features: Level

Details

Parcel number: M:0079 B:0000 L:0003,4202244
Zoning: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Frame
Foundation: Stone
Roof: Rubber

Condition

Year built: 1920

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station

Location

Region: Lawrence

HOA & financial

Other financial information

Total actual rent: 10550

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
6/14/2024	Sold	$1,150,000-4.2%$249/sqft
Source: MLS PIN #73217929 Report a problem
4/18/2024	Contingent	$1,200,000$260/sqft
Source: MLS PIN #73217929 Report a problem
4/16/2024	Listed for sale	$1,200,000$260/sqft
Source: MLS PIN #73217929 Report a problem
4/12/2024	Contingent	$1,200,000$260/sqft
Source: MLS PIN #73217929 Report a problem
4/1/2024	Listed for sale	$1,200,000$260/sqft
Source: MLS PIN #73217929 Report a problem