Multi-Family for Sale: 35-37 Falmouth St, Lawrence, MA 01843 SOLD

12 beds
6 full baths
4,620 sqft
$1,150,000
$1,150,000
35-37 Falmouth St, Lawrence, MA 01843 SOLD
12 beds
6 full baths
4,620 sqft
$1,150,000
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Selling Price: $1,150,000
Original List Price: $1,200,000
Sold at 95.8% of list price
Sold Date: 06/14/2024

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Type Multi-Family
Beds 12
Total Baths 6 full baths
Square Feet 4,620 sqft
Lot Size 0.13 acres
Year Built 1920
City Lawrence
County Essex
MLS 73217929
Status Closed
DOM 74 days
Don't miss this opportunity to purchase 6 units located just over the North Andover line in South Lawrence. This building is comprised of six 2 bed 1 bath units, half of which have been fully renovated. These renovations include, but are not limited to, new kitchens, bathrooms, flooring, paint and windows. All of the units have boasted high rental demand because of the off street parking spaces, impeccable location to I-495 and other forms of public transportation. Additional income can be generated by providing 1 off-street parking space per unit and renting out the rest to local commuters or residents. Other major renovations include new roof, new soffits, freshly poured basement floor, rebuilt front porch and rebuilt side porches for all three levels.

Lot & Building Features

Appliances Freezer, Refrigerator, Range, Microwave
Construction Frame
Cooling None
Heating Baseboard, Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $8,213
Water Public
Foundation Stone
Interior Features Kitchen, Living RM/Dining RM Combo
Roof Rubber
Full Baths 6
Parking Off Street
Total Rooms 18
Basement Feature Unfinished
Garage Spaces 0

Price History of 35-37 Falmouth St

Date Name Price Difference
04/01/2024 Listing Price $1,150,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Carmen Iannuccilli
Direct: 508-269-8754
Office
240 Ocean Blvd
Seabrook Beach, NH 03874
603-474-3401
Listed by J. Borstell Real Estate, Inc., Jack Mantville
Sold by Hancock Realty Group LLC, Israel Reyes
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Listing information courtesy of: J. Borstell Real Estate, Inc.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.