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INVESTORS TAKE NOTICE! 5 FAMILY INVESTMENT OPPORTUNITY - This property consist of 2 buildings on one lot with over 5000 sq ft of living space. (3, 3 bdrms units, 1, 2 bdrm unit and 1, 1 bdrm unit). Off street parking for 5 cars. New furnaces, hot water tanks and stoves in last 2 years, All tenant occupied and are TAW, rents are currently below market value. Separate utilities. This is your chance to buy an incredible multi family located in South Lawrence, convenient to schools, shopping, public transportation and close to I495 and I 93.

More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $47,700
  • Lot Features Level
  • Mls StatusUnder Agreement
  • Parcel Number M:0079 B:0000 L:0059,4202301

Tax Information

  • Tax Assessed Value $586,200
  • Tax Year 2021
  • Taxes$7,193

Parking

  • Parking Features Off Street
  • Parking Spaces5

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms12
  • Full Bath3

Basic Information

  • List Price$700,000
  • MLS Number72875701
  • Modification Date09/03/2025
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date08/08/2021

Location

  • Address356-360 S Union Street
  • Building Number356-360
  • CountyEssex
  • NeighborhoodSouth Lawrence
  • StateMA
  • StreetS Union Street
  • SubdivisionSouth Lawrence
  • TownLawrence
  • Zip01843

Building

  • BasementUnfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 4
  • Patio And Porch Features Porch, Deck - Wood
  • Rooms25
  • Stories4
  • Units5
  • Utilities For Gas Range
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.14

Exterior

  • RoofShingle, Rubber

Utilities

  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Natural Gas, Oil
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,371
  • Lot Size Square Feet 6,270
  • Lot Size Units Acres
  • Square Feet5,371
  • View YN Yes

Amenities

  • Amenities
    • Highway Access
    • Laundromat
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Other AmenitiesBasement

Legal

  • ZoningRes

Other

  • Buyer Agency Compensation2
  • Date Listed08/03/2021
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count54

Map Location

Driving Directions

Listed by Mark Beliveau of Merrimack Realty Group

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