Multi-Family for Sale: 49 Lawrence Street, Salem, MA 01970 SOLD

9 beds
3 full baths
3,159 sqft
$1,115,000
$1,115,000
49 Lawrence Street, Salem, MA 01970 SOLD
9 beds
3 full baths
3,159 sqft
$1,115,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Selling Price: $1,115,000
Original List Price: $1,050,000
Sold at 106.2% of list price
Sold Date: 11/05/2024

Type Multi-Family
Beds 9
Total Baths 3 full baths
Square Feet 3,159 sqft
Lot Size 0.16 acres
Year Built 1900

City Salem
County Essex

MLS 73298609
Status Closed
DOM 32 days
**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!

Lot & Building Features

Appliances Dishwasher, Refrigerator, Range, Microwave, Freezer
Construction Frame
Cooling None
Heating Forced Air, Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $7,734
Water Public
Foundation Brick/Mortar, Stone
Interior Features Kitchen, Living Room, Laundry Room
Roof Shingle
Full Baths 3
Parking Off Street, Paved Drive
Total Rooms 15
Basement Feature Full, Walk-Out Access, Unfinished, Interior Entry
Garage Spaces 0

Price History of 49 Lawrence Street

Date Name Price Difference
10/04/2024 Listing Price $1,115,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 49 Lawrence Street, Salem, MA

Location Map Street View
Photo of Jacqui Coons
Direct: 603-490-2511
Office
240 Ocean Blvd
Seabrook Beach, NH 03874
603-474-3401
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate, Helen Bolino
Sold by eXp Realty, Pax Estate Group
$
20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Berkshire Hathaway HomeServices Commonwealth Real Estate

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.