131 Berkeley Street

Lawrence, MA 01841

$759,900
Last Sold Price
10
Beds
6
Baths
4,625 Sq. Ft.
$164 / Sq. Ft.
4,625
Sq. Ft.
$164
per Sq. Ft.

Description

Investors take notice! Cash cow! Fully rented with gross yearly income of $84,600. Six unit brick building with delead certificates in great location on Methuen/ Lawrence line. Four, 2 bedroom units with balconies and Garages. Two huge, 1 bedroom units that have a 4th room to create extra living space. Four garages and 6 off street parking spaces. Coin operated Laundry Facilities in basement and attic storage. All units have wall A/C units. Immaculate condition with many upgrades and renovations....Investors take notice! Cash cow! Fully rented with gross yearly income of $84,600. Six unit brick building with delead certificates in great location on Methuen/ Lawrence line. Four, 2 bedroom units with balconies and Garages. Two huge, 1 bedroom units that have a 4th room to create extra living space. Four garages and 6 off street parking spaces. Coin operated Laundry Facilities in basement and attic storage. All units have wall A/C units. Immaculate condition with many upgrades and renovations. Well maintained and taken care of. Currently 6 condos but can be converted back to multifamily. Close to 93 and 495, shopping and transportation. Broker is related to Seller. Need 24 hours to show.
  1. Listed by Julie Ciaraldi • Julie Ciaraldi

Property Details for 131 Berkeley Street

Town
Lawrence
Area
MA-Lawrence
Garage Spaces
4
Parking Spaces
10.00
Parking Spaces Total
14

Location

Listing Courtesy of Julie Ciaraldi, Julie Ciaraldi

Sold By Twin Pinnacle Realty, Sharon Seabury

Add your commute
LISTING UPDATED: 08/06/2022 06:41 AM

Property Details for 131 Berkeley Street

StatusSold
MLS #72176551
Days on Market5
Taxes$7,157 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1965
CountyEssex County

Location

Listing Courtesy of Julie Ciaraldi, Julie Ciaraldi

Sold By Twin Pinnacle Realty, Sharon Seabury

Add your commute

Building Information for 131 Berkeley Street

Stories9Residences6Year Built1965Building Size-Lot Size2295.68 AC / 99,999,999 SF

Payment Calculator

$4,744 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,147

Property Taxes

$596

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 131 Berkeley Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access
  • Current Financing: Exchange or Trade
  • Living Area: 4625.0
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Unit 3(Range, Unit 4(Range, Gas Water Heater
  • Basement Features: Full
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Unit 1(Lead Certification Available, Bathroom With Tub & Shower), Unit 2(Lead Certification Available), Unit 3(Lead Certification Available), Unit 4(Lead Certification Available), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen, Office/Den), Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Laundry Features: Laundry Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Balcony, Unit 3 Balcony/Deck, Unit 4 Balcony/Deck
  • Exterior Features: Balcony
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 4.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Unit 1(Wall AC), Unit 2(Wall AC), Unit 3(Wall AC), Unit 4(Wall AC)
  • Cooling: Yes
  • Heating: Natural Gas, Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 4737311
  • Assessments: $466,700
  • Book: 11001
  • Tax Year: 2016
  • Zoning: Res
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • GOI: $84,600.00
  • NOI: $70,200.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,050.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 131 Berkeley Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 131 Berkeley Street

This home is within Lawrence School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 1 to 12
Public - 6 to 8
Public - 5 to 8
Rating
School
Distance
Francis M Leahy
Public1 to 5

School For Exceptional Studies
Public1 to 12

Up Academy Leonard Middle School
Public6 to 8

Arlington 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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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Julie Ciaraldi, Julie Ciaraldi

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.