246-258 Salem Street
$1,699,900
19
9
8,686
8,686
$196
Description
Exceptional opportunity to own a well maintained, 9-unit investment property in the desirable South Lawrence area. 3 separate buildings on one lot, a 6-family, single family and 2-family. Eight 2-bedrooms and one 3-bedroom unit, all large with many cosmetic updates throughout. With updated heating systems and a well maintained basement, there is little to do here. Most tenants are TAW and many of the rents are well below fair market. Located within walking distance of public transportation and downtown,...Exceptional opportunity to own a well maintained, 9-unit investment property in the desirable South Lawrence area. 3 separate buildings on one lot, a 6-family, single family and 2-family. Eight 2-bedrooms and one 3-bedroom unit, all large with many cosmetic updates throughout. With updated heating systems and a well maintained basement, there is little to do here. Most tenants are TAW and many of the rents are well below fair market. Located within walking distance of public transportation and downtown, it also offers convenience for tenants. Don’t miss this opportunity to secure a well-maintained asset in an appreciating neighborhood!
- Listed by Patrick Hermans • J. Borstell Real Estate, Inc.
Property Details for 246-258 Salem Street
Town
Lawrence
MLS AreaSouth Lawrence
AreaMA-Lawrence-South Lawrence, MA-Lawrence
StyleGarden
Garage Spaces0
Parking Spaces.00
LISTING UPDATED: 10/21/2024 12:36 PM
Property Details for 246-258 Salem Street
Status | New |
---|---|
MLS # | 73304583 |
Days on Market | 2 |
Taxes | $9,540 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5-9 Family |
Year Built | 1918 |
County | Essex County |
Building Information for 246-258 Salem Street
Stories9Residences9Year Built1918Building Size-Lot Size0.11 AC / 4,657 SF
Property Information for 246-258 Salem Street
Property History for 246-258 Salem Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 246-258 Salem Street
This home is within Lawrence School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 12 | |||
Public - | K to 8 | |||
Public - | 5 to 8 | |||
Public - | 5 to 8 |
Rating | School | Distance |
---|---|---|
School For Exceptional Studies PublicPK to 12 | ||
Emily G Wetherbee PublicK to 8 | ||
Guilmette Middle School Public5 to 8 | ||
Frost Middle School Public5 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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