**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!
Sold
$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
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
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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