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    311-313 S Broadway St

    Lawrence, MA 01843
    • $595,000
    • STATUS: Active
    • MLS #: 72719246
    UPDATED: 161 min ago
    $595,000
    • 6
      BEDS
    • 0.17
      ACRES
    • 2
      BATHS
    • 2
      1/2 BATHS
    • 5,040
      SQFT
    • $118
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Mei Zhou of Coldwell Banker Realty - Andover.

    Description

    Location, Location and Location! This is an $66,000 opportunity -- one of the best combination location: one-stone away from major highway #93/#495, neighbor with TD Bank, brand new Cumberland/Gas station right across street. This three units property consists of two over-size three-bedroom apartments on the 2nd and 3rd floor, a more than 2000 sqft restaurant on the first floor. All utilities are separated, each tenants pay their own. Currently each rental apartment pays $1,500 monthly and tenant-at-will. The first floor restaurant pays $2,500 monthly plus its utilities. At the back of building, there is 4~5 parking space. For this location and size apts,, it is easy to rent . It will be great with for owner-use restaurant while collecting $3,000 monthly rents, or living in one apartment collecting $4,000 monthly rents. Per city land use planner, this property is in the B2 zone, it can be used for many commercial use like liquor store or simply convert to 3-family with variance.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-10-20T23:18:27.703.
    www.seybothteamhomes.com/homes/109606102
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    311-313 S Broadway St Lawrence, MA 01843

    • Price: $595,000
    • Status: Active
    • Updated: 161 min ago
    • MLS #: 72719246
    6
    Beds
    2
    Baths
    2
    ½ Baths
    0.17
    Acres
    5,040
    SQFT
    $118
    $/SQFT
    1925
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    Location, Location and Location! This is an $66,000 opportunity -- one of the best combination location: one-stone away from major highway #93/#495, neighbor with TD Bank, brand new Cumberland/Gas station right across street. This three units property consists of two over-size three-bedroom apartments on the 2nd and 3rd floor, a more than 2000 sqft restaurant on the first floor. All utilities are separated, each tenants pay their own. Currently each rental apartment pays $1,500 monthly and tenant-at-will. The first floor restaurant pays $2,500 monthly plus its utilities. At the back of building, there is 4~5 parking space. For this location and size apts,, it is easy to rent . It will be great with for owner-use restaurant while collecting $3,000 monthly rents, or living in one apartment collecting $4,000 monthly rents. Per city land use planner, this property is in the B2 zone, it can be used for many commercial use like liquor store or simply convert to 3-family with variance.
    Exterior Features

    Beachfront No Exterior VinylBrick Foundation Fieldstone Lot Description Paved DriveFenced/EnclosedLevel Parking Features Off-Street Parking Spaces 5 Road Type PublicPavedPublicly Maint. Roof Material Asphalt/Fiberglass ShinglesRubber Waterfront Flag No Waterview Flag No

    Interior Features

    Appliances Unit1 RangeRefrigerator Appliances Unit2 RangeRefrigerator Basement Yes Basement Features FullPartially FinishedInterior Access Bedrooms Unit1 3 Bedrooms Unit2 3 Bedrooms Unit3 0 Cooling Unit3 Central Air Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring WoodTileVaries Per Unit Floors Unit1 2 Floors Unit2 3 Floors Unit3 1 Full Baths Unit1 1 Full Baths Unit2 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 2 Heat Units 3 Heat Zones 3 Heating Unit1 Hot Water RadiatorsGasIndividualUnit Control Heating Unit2 Hot Water BaseboardGas Heating Unit3 Central Heat Hot Water Natural GasTank Interior Features Unit1 Hardwood FloorsBathroom With Tub Interior Features Unit2 Hardwood FloorsBathroom With Tub Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 13 Rooms Description Unit1 Living RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Unit1 6 Rooms Unit2 6 Rooms Unit3 1

    Property Features

    Apod Available No Assessments 432000.00 Disclosure No Electric Features 110 VoltsIndividually Metered Gross Operating Income 66000 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 Y Lender Owned No Multifamily Type 3 Family Net Operating Income 66000 Rent Description Unit1 Water Rent Description Unit2 Water Rent Description Unit3 Water Rent Unit1 1500 Rent Unit2 1500 Rent Unit3 2500 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2020 Taxes 8100.00 Water City/Town Water Year Built Description Actual Year Built Source Public Record Year Round Yes Zoning Naa

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Mei Zhou of Coldwell Banker Realty - Andover.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-10-20T23:18:27.703.
     
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    Listing courtesy of Mei Zhou of Coldwell Banker Realty - Andover.