51-55 Loring Street
51-55 Loring Street
$815,000
7
5
4,643
4,643
$176
Sold 9/27/22
Description
Investors take note! Rare opportunity to own a 5 family conveniently located off of 495 on the Lawrence/North Andover line. 4 units are rented and will be conveyed occupied (TAW) and there's also 1 top floor 2 + br unit was recently refreshed and is ready for a tenant or an onsite landlord/owner! The gas heating systems AND water heaters were all recently replaced in the last few years, are all separated per unit and the electric meters are all on a per unit basis as well! Vinyl siding and roofing...Investors take note! Rare opportunity to own a 5 family conveniently located off of 495 on the Lawrence/North Andover line. 4 units are rented and will be conveyed occupied (TAW) and there's also 1 top floor 2 + br unit was recently refreshed and is ready for a tenant or an onsite landlord/owner! The gas heating systems AND water heaters were all recently replaced in the last few years, are all separated per unit and the electric meters are all on a per unit basis as well! Vinyl siding and roofing replaced in the last few years too! Separate 3 car garage could possibly be used as $$ storage for additional tenant revenue and off street parking for AT LEAST 10 vehicles is just an added bonus at this gem. Yard space galore here too, a rarity! Easy to show, schedule your showing today!
- Listed by Robert Mignogna • Trusted Source Realty Group
Property Details for 51-55 Loring Street
Town
Lawrence
AreaMA-Lawrence
Garage Spaces3
Parking Spaces15.00
Parking Spaces Total18
Location
LISTING UPDATED: 09/27/2022 04:32 PM
Property Details for 51-55 Loring Street
Status | Sold |
---|---|
MLS # | 73015193 |
Days on Market | 23 |
Taxes | $6,862 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5+ Family - 5+ Units Side by Side |
Year Built | 1895 |
County | Essex County |
Location
Building Information for 51-55 Loring Street
Stories9Residences5Year Built1895Building Size-Lot Size0.20 AC / 8,760 SF
Payment Calculator
$5,020 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 51-55 Loring Street
Property History for 51-55 Loring Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 51-55 Loring Street
Taxable ValueLand$135,600Additions$648,200Total$783,800
Tax Record2024$7,250 ($604 / month)
Home Facts
Baths5Total Finished SqFt4,643 SqFtAbove Grade Finished SqFt4,643 SqFtStories3Lot Size8,760 SqFtStyleMulti-Family Res (5+ Units)Year Built1895CountyESSEXAPNLAWR M:0044 B:0000 L:0001
Schools near 51-55 Loring 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 |
---|---|---|
South Lawrence East Elementary School Public1 to 5 | ||
School For Exceptional Studies Public1 to 12 | ||
Spark Academy 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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