245-247 Bailey St

4,344 Sq. Ft.
$131 / Sq. Ft.
4,344
Sq. Ft.
$131
per Sq. Ft.

Description

Great opportunity to own this very large ($1,448 sq feet for each unit) Turn Key fully rented and renovated three family home in the desirable South Lawrence, right on the Andover line. Lead paint compliance certified. Very nice and quiet neighborhood. A park with basketball courts 100 feet away. First floor unit with laundry in unit, second and third laundry in the basement. Fenced back yard for summer cook outs. Each unit has an off - street parking spot. Tenants pay for their own utilities. Tuned...Great opportunity to own this very large ($1,448 sq feet for each unit) Turn Key fully rented and renovated three family home in the desirable South Lawrence, right on the Andover line. Lead paint compliance certified. Very nice and quiet neighborhood. A park with basketball courts 100 feet away. First floor unit with laundry in unit, second and third laundry in the basement. Fenced back yard for summer cook outs. Each unit has an off - street parking spot. Tenants pay for their own utilities. Tuned up heating system, 3 brand new hot water tanks. All electrical was completely upgraded. Clean cemented basement. Convenience to major highways. Nothing to do but collect rent from the best tenants ever! Open House Saturday and Sunday (11am-2pm). Offers due Tuesday (March 17th) by 5pm.

Property Details for 245-247 Bailey Street

Town
Lawrence
MLS Area
South Lawrence
Area
MA-Lawrence-South Lawrence, MA-Lawrence
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 08/06/2022 07:22 AM

Property Details for 245-247 Bailey Street

StatusSold
MLS #72632112
Days on Market20
Taxes$4,812 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountyEssex County

Location

Listing Courtesy of Four Points Real Estate, LLC, Todor Ialamov

Sold By Realty ONE Group Nest, Jose Martinez

Add your commute

Building Information for 245-247 Bailey Street

Stories6Residences3Year Built1900Building Size-Lot Size0.08 AC / 3,600 SF

Payment Calculator

$3,179 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,778

Property Taxes

$401

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 245-247 Bailey Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access
  • Current Financing: FHA
  • Living Area: 4344.0
  • Total Units: 3
  • Property Condition: Unit 3 Remodeled
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Unit 3(Range, Gas Water Heater
  • Basement Features: Full, 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: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Features: Unit 1(Pantry, Lead Certification Available, Bathroom With Tub & Shower), Unit 2(Lead Certification Available, Unit 3(Lead Certification Available), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room
  • Laundry Features: Unit 1 Laundry Room
Exterior Features
  • Exterior Features: Fenced Yard
  • Fencing: Fenced
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • 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(Window AC), Unit 2(Window AC)
  • Cooling: Yes
  • Electric: 110 Volts, 220 Volts, Individually Metered
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Listing agent has interest in this property. It may be for 1031 exchange
Tax Information
  • Tax ID: M:0063 B:0000 L:0074,4201375
  • Assessments: $387,100
  • Book: 15465
  • Tax Year: 2020
  • Zoning: none
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 245-247 Bailey Street

DateEvent & SourcePriceAppreciation
Apr 22, 2020

Sold

MLS PIN #72632112

$570,000—
Mar 31, 2020

Contingent

MLS PIN #72632112

—
Mar 11, 2020

Listed (Active)

MLS PIN #72632112

$575,000—
Apr 30, 2018

Sold (Public Record)

Public Record #621578313

$415,000

+7.6% / yr

Apr 30, 2018

Sold

MLS PIN #72292523

$415,000—
Mar 18, 2018

Under Agreement

MLS PIN #72292523

—
Mar 18, 2018

Contingent

MLS PIN #72292523

—
Mar 12, 2018

Listed (Active)

MLS PIN #72292523

$399,900—
Jun 18, 2013

Sold (Public Record)

Public Record #356706637

$290,000—
Jun 18, 2013

Sold

MLS PIN #71484003

$290,000—
May 2, 2013

Contingent

MLS PIN #71484003

—
Feb 16, 2013

Listed (Active)

MLS PIN #71484003

$298,900—
Nov 16, 2010

Canceled

MLS PIN #71132778

$254,900—
Sep 7, 2010

Listed (Active)

MLS PIN #71132778

$254,900—
Jan 8, 2009

Sold

MLS PIN #70819871

$180,000—
Oct 2, 2008

Under Agreement

MLS PIN #70819871

—
Oct 2, 2008

Contingent

MLS PIN #70819871

—
Sep 12, 2008

Listed (Active)

MLS PIN #70819871

$179,900—
Nov 28, 2005

Sold

MLS PIN #70256228

$400,500—
Oct 13, 2005

Under Agreement

MLS PIN #70256228

—
Oct 13, 2005

Contingent

MLS PIN #70256228

—
Sep 8, 2005

Listed (Active)

MLS PIN #70256228

$387,900—
Sep 5, 2005

Expired

MLS PIN #70187047

$389,900—
May 5, 2005

Listed (Active)

MLS PIN #70187047

$396,900—
DateEvent & SourcePrice
04/22/2020

Sold

MLS PIN #72632112

$570,000
03/31/2020

Contingent

MLS PIN #72632112

—
03/11/2020

Listed (Active)

MLS PIN #72632112

$575,000
04/30/2018

Sold (Public Record)

Public Record #621578313

$415,000

+7.6% / yr

04/30/2018

Sold

MLS PIN #72292523

$415,000
03/18/2018

Under Agreement

MLS PIN #72292523

—
03/18/2018

Contingent

MLS PIN #72292523

—
03/12/2018

Listed (Active)

MLS PIN #72292523

$399,900
06/18/2013

Sold (Public Record)

Public Record #356706637

$290,000
06/18/2013

Sold

MLS PIN #71484003

$290,000
05/02/2013

Contingent

MLS PIN #71484003

—
02/16/2013

Listed (Active)

MLS PIN #71484003

$298,900
11/16/2010

Canceled

MLS PIN #71132778

$254,900
09/07/2010

Listed (Active)

MLS PIN #71132778

$254,900
01/08/2009

Sold

MLS PIN #70819871

$180,000
10/02/2008

Under Agreement

MLS PIN #70819871

—
10/02/2008

Contingent

MLS PIN #70819871

—
09/12/2008

Listed (Active)

MLS PIN #70819871

$179,900
11/28/2005

Sold

MLS PIN #70256228

$400,500
10/13/2005

Under Agreement

MLS PIN #70256228

—
10/13/2005

Contingent

MLS PIN #70256228

—
09/08/2005

Listed (Active)

MLS PIN #70256228

$387,900
09/05/2005

Expired

MLS PIN #70187047

$389,900
05/05/2005

Listed (Active)

MLS PIN #70187047

$396,900

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

Public Records for 245-247 Bailey Street

Taxable ValueLand$100,700Additions$555,400Total$656,100
Tax Record2024$6,069 ($506 / month)
Home Facts
Baths3Total Finished SqFt4,344 SqFtAbove Grade Finished SqFt4,344 SqFtStories3Lot Size3,600 SqFtStyleTriplexYear Built1900CountyESSEXAPNLAWR M:0063 B:0000 L:0074

Schools near 245-247 Bailey Street

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

South Lawrence East Elementary School
Public1 to 5

Spark Academy
Public6 to 8

Rise Academy - Lawrence
Public6 to 12

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Four Points Real Estate, LLC, Todor Ialamov

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.