172-174 Park St Lawrence, MA
$1,249,000
Beds 12
Baths 4
Square Feet 5,023
Acres 0.16
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.
Listed by Realty Direct Somerville, Kim Mulligan
Details
MLS 73555467
Status Active
Price $1,249,000
DOM 73 days
Type Multi-Family
Beds 12
Baths 4 full baths
Square Feet 5,023 sqft
Garage Spaces 1
Lot Size 0.16 acres
Year Built 1910
Lot & Building Features
Appliances Microwave, Refrigerator, Range
Heating Steam, Natural Gas
Sewer Public Sewer
Tax Year 2026
Taxes Paid $7,404
Water Public
Foundation Stone, Concrete Perimeter
Exterior Features Fruit Trees, Garden, Sprinkler System
Interior Features Laundry Room
Roof Rubber
Full Baths 4
Parking Paved, Paved Drive, Off Street
Total Rooms 22
Garage Spaces 1
Schools
Elementary School John K. Tarbox School
Junior High School Arlington Middle School
Senior High School Lawrence High School
Multi-Family Home for Sale: 172-174 Park St, Lawrence, MA 01841
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.

