263-265 Water Street

Lawrence, MA 01841

$969,000
Price
10
Beds
3
Baths
3,720 Sq. Ft.
$260 / Sq. Ft.
3,720
Sq. Ft.
$260
per Sq. Ft.

Description

Back on the market Investors take note! Introducing a remarkable opportunity in the real estate market! This newly listed property is a spacious three-family home with the added potential for constructing a two-family unit, making it a versatile and lucrative investment. The existing residence boasts ample space for three separate households, providing both comfort and privacy. What sets this property apart is the included plans for the POTENTIAL construction of a two-family unit, allowing for additional...Back on the market Investors take note! Introducing a remarkable opportunity in the real estate market! This newly listed property is a spacious three-family home with the added potential for constructing a two-family unit, making it a versatile and lucrative investment. The existing residence boasts ample space for three separate households, providing both comfort and privacy. What sets this property apart is the included plans for the POTENTIAL construction of a two-family unit, allowing for additional income potential or extended family living. With plans already in hand, this property is ready for future development, presenting an ideal prospect for those seeking a strategic real estate investment. Don't miss the chance to own a property with both current functionality and future growth possibilities! Open house sunday april 7th 12-2pm
  1. Listed by Gina Pearson • Diamond Key Real Estate

Property Details for 263-265 Water Street

Town
Lawrence
Area
MA-Lawrence
Garage Spaces
0
Parking Spaces
10.00
Parking Spaces Total
10

Location

Listing Courtesy of Diamond Key Real Estate, Gina Pearson
Add your commute
LISTING UPDATED: 04/29/2024 09:35 AM

Property Details for 263-265 Water Street

StatusUnder Agreement
MLS #73198692
Days on Market59
Taxes$5,778 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1900
CountyEssex County

Location

Listing Courtesy of Diamond Key Real Estate, Gina Pearson
Add your commute

Building Information for 263-265 Water Street

Stories3Residences3Year Built1900Building Size-Lot Size0.08 AC / 3,360 SF

Payment Calculator

$5,770 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,288

Property Taxes

$482

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 263-265 Water Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, Public School, T-Station
  • Living Area: 3720.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Public
  • High School: Public
  • Middle School: Public
Features
Interior Features
  • 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
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Lot Description: Cleared, Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Unpaved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Unpaved Driveway
  • Parking Features: Off-Street, Unpaved Driveway
Utilities
  • Electric: 100 Amp Service
  • 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
  • Disclosures: BUYER & OR BUYERS AGENT TO DO THEIR OWN DUE DILIGENCE/BUYER RESPONSIBLE FOR PURCHASE/INSTALL & PAYMENT OF SMOKES & CERT/FLOOD INS REQUIRED/SOLAR PANELS CONTRACT MAY BE TRANSFERRED TO NEW OWNER,PROPERTY BEING SOLD "AS IS"
Tax Information
  • Tax ID: M:0184 B:0000 L:0030,4209755
  • Assessments: $624,600
  • Book: 0000
  • Lot: 0030
  • Map: 0184
  • Tax Year: 2024
  • Zoning: res
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Other
  • Foundation Area: 0.0
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: N
  • Levels U2: 1
Unit 3 Description
  • Lease U3: N
  • 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 263-265 Water 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 263-265 Water Street

Taxable ValueLand$103,800Additions$520,800Total$624,600
Tax Record2024$5,778 ($482 / month)
Home Facts
Baths3Total Finished SqFt3,720 SqFtAbove Grade Finished SqFt3,720 SqFtStories3Lot Size3,360 SqFtStyleTriplexYear Built1900CountyESSEXAPNLAWR M:0184 B:0000 L:0030

Schools near 263-265 Water Street

This home is within Lawrence School District.
Rating
School
Type
Grades
Distance
Public - 1 to 4
Public - 1 to 12
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Gerard A. Guilmette
Public1 to 4

School For Exceptional Studies
Public1 to 12

Parthum Middle School
Public5 to 8

Lawrence High School
Public9 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 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 Diamond Key Real Estate, Gina Pearson

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.