INVESTORS TAKE NOTICE! 5 FAMILY INVESTMENT OPPORTUNITY - This property consist of 2 buildings on one lot with over 5000 sq ft of living space. (3, 3 bdrms units, 1, 2 bdrm unit and 1, 1 bdrm unit). Off street parking for 5 cars. New furnaces, hot water tanks and stoves in last 2 years, All tenant occupied and are TAW, rents are currently below market value. Separate utilities. This is your chance to buy an incredible multi family located in South Lawrence, convenient to schools, shopping, public transportation and close to I495 and I 93.
This listing has been viewed 21 times in the past 210 days
Last Updated: May 6th, 2024 at 11:55pm
Walk/jog Trails
Highway Access
Public School
Shopping
Park
Laundromat
Public Transportation
General Information for 356-360 S Union St, Lawrence, Massachusetts 01843
Property TypeResidential Income
Property Sub TypeMulti Family
Price$700,000
Price per sqft$130.33
MLS #72875701
Handicap Access / FeaturesNo
List Date2021-07-28
Special Listing Conditions
StateMassachusetts
Street NameS Union St
CityLawrence
Zip Code01843
CountyEssex
MLS Status
Covered Parking Spaces0
Heating Y/NYes
Heating System
Heat Zones5
Sold Date27/09/2021
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total5371
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress356-360 S Union St, Lawrence MA 01843
Zoning
Interior Features for 356-360 S Union St, Lawrence, Massachusetts 01843
* Approx. Living Area Total5,371 sq ft
Living Area Includes Basement
Bedrooms12
* # Fireplaces0
Bathrooms (Total)3
Full Baths3
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
0
Electric
Living Area Disclosure
Living Area Includes Basement
Door Features
ElectricYes
Electric$0
MLS Area (Major)South Lawrence
MLSPIN_BEDRMS_12
MLSPIN_BEDRMS_21
MLSPIN_BEDRMS_33
MLSPIN_BEDRMS_43
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_41
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_40
OffMarketDate13/08/2021
Exterior Features for 356-360 S Union St, Lawrence, Massachusetts 01843
* Approximate Lot Size0.14 acres
Covered Parking Spaces0
Lot FeaturesLevel
* Parking Spaces5
* Sewer Utilities
* Water Utilities
* Year Built1920
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsStone
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)6,270 Sqft
Disclosures for 356-360 S Union St, Lawrence, Massachusetts 01843
Buyer Agent Compensation2
ContingencyPending P&S
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintYes,Unknown
Living Area Disclosure
Living Area Includes Basement
Facilitator Compensation1
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 356-360 S Union St, Lawrence, Massachusetts 01843
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$47,700
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_41
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT1800
MLSPIN_RENT2675
MLSPIN_RENT3850
MLSPIN_RENT4800
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$47,700
OperatingExpense$0
OriginalListPrice$700,000
RENT_FEE_INCLUDES
TOTAL_RENT3975
WaterSewerExpense$0
Lifestyle Information for 356-360 S Union St, Lawrence, Massachusetts 01843
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 356-360 S Union St, Lawrence, Massachusetts 01843
Elementary School
Middle School
High School
NumberOfUnitsTotal5
Marketing History for 356-360 S Union St, Lawrence, Massachusetts 01843
MLSPIN_MARKET_TIME_BROKER16
MLSPIN_MARKET_TIME_PROPERTY16
PurchaseContractDate2021-08-08
Agent Information for 356-360 S Union St, Lawrence, Massachusetts 01843