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  • $1,115,000

    49 Lawrence St, Salem, MA 01970

    9beds
    3,159sqft
    3 Family
    Built in 1900
    -- sqft lot
    $1,176,700 Zestimate®
    $353/sqft
    $-- HOA

    What's special

    **Attention Investors and Homeowners!** Whether you're seeking an outstanding long-term investment, a 1031 exchange before year-end, or looking to offset your mortgage with rental income, this property offers the perfect opportunity. Rent out all three units and generate over $100k in gross annual income, flip for condos, or live in the beautifully updated first-floor unit. Located just a few blocks from the proposed new commuter rail station. Exceptionally updated three-family home features 3 bedrooms and 1 bathroom in each unit. The units have porches to enjoy summer evenings. Full basement for storage and it walks out to nice size yard. Off street parking for 4-5 cars. Two units are already fully rented to excellent tenants, while the first-floor unit is available for you to rent or occupy as you see fit. Rare to find an all 3 bedroom unit multifamily. Don’t miss this incredible chance!

    Zillow last checked: 7 hours ago

    Listing updated: November 05, 2024 at 08:53am

    Listed by:

    Helen Bolino,

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    Bought with:

    Pax Estate Group

    eXp Realty

    Source: MLS PIN,MLS#: 73298609

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Features
    • Living Room, Kitchen, Laundry Room
    • Flooring: Wood, Tile, Hardwood
    • Basement: Full,Walk-Out Access,Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,159
    • Total interior livable area: 3,159 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Paved Drive, Off Street
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    Lot
    • Size: 6,865 sqft
    Details
    • Parcel number: 2130904
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family
    Materials
    • Frame
    • Foundation: Stone, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Medical Facility, House of Worship, Public School, T-Station
    Location
    • Region: Salem

    HOA & financial

    Other financial information
    • Total actual rent: 8375
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,176,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,176,700