$1,050,000 ($332.38 per sqft)

Est. Mortgage $5,172/mo *

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49 Lawrence Street, Salem, MA, 01970

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15 rooms

9 beds

3 Full baths

1900

3,159 sqft

**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!

Status:

Active

Type:

Multi-family

Units:

Zoning:

Heating:

Forced Air, Natural Gas

Cooling:

None

Basement:

Full, Walk-Out Access, Interior Entry, Unfinished

Levels:

Parking:

5-car, Paved Drive, Off Street

Acreage:

0.16

Est. Taxes:

$7,734

Assessment

$665,600

Construction

Frame

Utilities

for Gas Range

Amenities:

Public Transportation, Shopping, Medical Facility, House of Worship, Public School, T-Station

Appliances:

Range, Dishwasher, Microwave, Refrigerator, Freezer

MLS #:

73298609

Community Info

School Info

Walk Score

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Listing courtesy of Helen Bolino, Berkshire Hathaway HomeServices Commonwealth Real Estate Phone: 781-246-2100

$1,050,000 ($332.38 per sqft)

49 Lawrence Street, Salem, MA, 01970

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