76-78 Saratoga Street

Lawrence, MA 01841

$799,950
Price
9
Beds
3
Baths
2,528 Sq. Ft.
$316 / Sq. Ft.
2,528
Sq. Ft.
$316
per Sq. Ft.

Description

Investors take notice! This property has had no vacancy in the last three years! It's high traffic location being close to markets, shops, and restaurants makes it very desirable for tenants. Recent renovations with new entryways, updated kitchens, flooring, fencing, and a paved parking spot have only increased its rental value. Details: Gross Income is $82,800 NOI is $73,824 Cap Rate is 9.23%GRM is 9.66... This property is turn key ready to generate you income! Homes in this area are rare, do not...Investors take notice! This property has had no vacancy in the last three years! It's high traffic location being close to markets, shops, and restaurants makes it very desirable for tenants. Recent renovations with new entryways, updated kitchens, flooring, fencing, and a paved parking spot have only increased its rental value. Details: Gross Income is $82,800 NOI is $73,824 Cap Rate is 9.23%GRM is 9.66... This property is turn key ready to generate you income! Homes in this area are rare, do not miss out on this gem! Please Note Seller is requesting Pre-approvals, or Proof of funds to schedule showings. Seller Disclosers, Lead Certificates Will be provided at showings!
  1. Listed by Carina Kidd • Grande Realty

Property Details for 76-78 Saratoga Street

Town
Lawrence
Area
MA-Lawrence
Garage Spaces
0
Parking Spaces
1.00
Parking Spaces Total
1
LISTING UPDATED: 12/15/2024 03:08 AM

Property Details for 76-78 Saratoga Street

StatusActive
MLS #73319298
Days on Market6
Taxes$5,370 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1895
CountyEssex County

Building Information for 76-78 Saratoga Street

Stories6Residences3Year Built1895Building Size-Lot Size0.06 AC / 2,800 SF

Property Information for 76-78 Saratoga Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 2528.0
  • Color: Tan&Green
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Full, Partially Finished, Concrete Floor
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl, Hardwood
  • Interior Features: Walk-In Closet(s), Kitchen
  • Laundry Features: Washer & Dryer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Frame, Stone
  • Exterior Features: Fenced Yard, Deck - Wood
  • Fencing: Fenced/Enclosed, Fenced
  • Patio And Porch Features: Deck - Wood
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 110 Volts
  • Sewage District: City
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Please see attached files for full disclosures.
Tax Information
  • Tax ID: M:0150 B:0000 L:0070,4207400
  • Assessments: $528,500
  • Book: 15699
  • Tax Year: 2023
  • Zoning: RES
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $82,800.00
  • NOI: $73,824.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,900.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2

Property History for 76-78 Saratoga Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 76-78 Saratoga Street

Taxable ValueLand$99,000Additions$462,400Total$561,400
Tax Record2024$5,193 ($433 / month)
Home Facts
Baths3Total Finished SqFt2,528 SqFtAbove Grade Finished SqFt2,528 SqFtStories3Lot Size2,800 SqFtStyleTriplexYear Built1895CountyESSEXAPNLAWR M:0150 B:0000 L:0070

Schools near 76-78 Saratoga Street

This home is within Lawrence School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - 1 to 5
Public - 5 to 8
Public - 6 to 8
Rating
School
Distance
School For Exceptional Studies
PublicPK to 12

Oliver Elementary School
Public1 to 5

Arlington Middle School
Public5 to 8

Up Academy Oliver Middle School
Public6 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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76-78 Saratoga Street is a multi-family home for sale in Lawrence, MA 01841. This property was listed for sale on December 11, 2024 by Grande Realty, it's currently listed at $799,950. It has been on the market for a total of 6 days and was last sold on July 28, 2020. This listing's school district is Lawrence School District. Nearby schools include School For Exceptional Studies, Oliver Elementary School and Arlington Middle School. 76-78 Saratoga Street is a 9-bed, 3-bath, 2,528 sqft multi-family home built in 1895.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Grande Realty, Carina Kidd

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.