49 Lawrence Street Pending Save Request In-Person Tour Request Virtual Tour
Salem,MA 01970
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,159 sqft
Price per Sqft $332
MLS Listing ID 73298609
Bedrooms 9
Full Baths 3
Year Built 1900
Annual Tax Amount $7,734
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Description
**Attention Investors and Homeowners!** Whether you're seeking an outstanding long-term investment, a 1031 exchange before year-end, or looking to offset your mortgage with rental income, this property offers the perfect opportunity. Rent out all three units and generate over $100k in gross annual income, flip for condos, or live in the beautifully updated first-floor unit. Located just a few blocks from the proposed new commuter rail station. Exceptionally updated three-family home features 3 bedrooms and 1 bathroom in each unit. The units have porches to enjoy summer evenings. Full basement for storage and it walks out to nice size yard. Off street parking for 4-5 cars. Two units are already fully rented to excellent tenants, while the first-floor unit is available for you to rent or occupy as you see fit. Rare to find an all 3 bedroom unit multifamily. Don’t miss this incredible chance!
Location
State MA
County Essex
Zoning R2
Direction Jefferson to Lawrence Street
Rooms
Basement Full,Walk-Out Access,Interior Entry,Unfinished
Interior
Interior Features Living Room,Kitchen,Laundry Room
Heating Forced Air,Natural Gas
Cooling None
Flooring Wood,Tile,Hardwood
Appliance Range,Dishwasher,Microwave,Refrigerator,Freezer
Exterior
Community Features Public Transportation,Shopping,Medical Facility,House of Worship,Public School,T-Station
Utilities Available for Gas Range
Waterfront false
Roof Type Shingle
Parking Type Paved Drive,Off Street
Total Parking Spaces 5
Garage No
Building
Story 6
Foundation Stone,Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false