81-85 South Broadway
81-85 South Broadway
$550,000
12
4
1
4,371
4,371
$126
Sold 11/9/16
Description
South Lawrence! Mixed use five unit building. One large retail store with great corner exposure right on route 28. Plenty of off street parking. Owner is just finishing total renovation of four apartments on second and third floors. Building is fully sprinklered. 5 new forced hot water gas heating systems and hot water tanks. Two (2) bedroom and two (4) bedroom apartments. Projected gross rent is $75,360.00 per year. No capital improvements to make for many years. Newly paved parking lot. Apartments...South Lawrence! Mixed use five unit building. One large retail store with great corner exposure right on route 28. Plenty of off street parking. Owner is just finishing total renovation of four apartments on second and third floors. Building is fully sprinklered. 5 new forced hot water gas heating systems and hot water tanks. Two (2) bedroom and two (4) bedroom apartments. Projected gross rent is $75,360.00 per year. No capital improvements to make for many years. Newly paved parking lot. Apartments are presently vacant and easy to show. We have a waiting list of potential tenants. Tenants pay for their own utilities. Seller can deliver the property fully occupied with last month rent and security deposit for each tenant. Retail space is currently under market rented for $1,500.00 lease ends November 30, 2016. Large unfinished basement. Room for coin-op laundry. All new kitchens and baths. Seller may take smaller or larger property in trade.
- Listed by Joseph Lilly • Sky Realty, LLC
Property Details for 81-85 South Broadway
Town
Lawrence
MLS AreaSouth Lawrence
AreaMA-Lawrence-South Lawrence, MA-Lawrence
Garage Spaces0
Parking Spaces8.00
Parking Spaces Total8
Location
LISTING UPDATED: 08/06/2022 06:31 AM
Property Details for 81-85 South Broadway
Status | Sold |
---|---|
MLS # | 72054060 |
Days on Market | 53 |
Taxes | $3,563 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5-9 Family |
Year Built | 1900 |
County | Essex County |
Location
Building Information for 81-85 South Broadway
Stories11Residences5Year Built1900Building Size-Lot Size0.11 AC / 5,000 SF
Payment Calculator
$3,298 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 81-85 South Broadway
Property History for 81-85 South Broadway
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 81-85 South Broadway
Taxable ValueLand$171,200Additions$473,700Total$644,900
Home Facts
Baths2Total Finished SqFt4,371 SqFtAbove Grade Finished SqFt4,371 SqFtStories3Lot Size5,000 SqFtStyleOffice BuildingYear Built1900CountyESSEXAPNLAWR M:0121 B:0000 L:0027
Schools near 81-85 South Broadway
This home is within Lawrence School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 1 to 12 | |||
Public - | 5 to 8 | |||
Public - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Emily G Wetherbee PublicK to 8 | ||
School For Exceptional Studies Public1 to 12 | ||
Parthum Middle School Public5 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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