BEDS22
BATHS7 full
SQUARE FEET8,690
MLS#73556228
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
53-57 Woodland St contains seven (7) total units, spread across two (2) 3-Family structures and a Single Family. Units are comprised of two (2) 4-Bedroom/1-Bathroom units, four (4) 3-Bedroom/1-Bathroom units, and one (1) 2-Bedroom/1-Bathroom unit with 8,690 square feet of gross living area in 14,240 square feet of gross area. The Properties are spread across 0.50-acres of land and feature ten (10) off-street parking spaces, and have been updated with a new roof, electrical, and some recently renovated units. The Propertys multi-building configuration also provides the potential to reposition the asset as two separate properties consisting of three (3) units and four (4) units, respectively. This flexibility creates multiple exit strategies and broadens the pool of prospective buyers, including both investors and owner-occupants. The opportunity exists to acquire a well-located asset with significant upside potential for new ownership. Buyers and buyer's agent to perform own due diligence.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.50 Acres
Roof Type: Shingle, Rubber
Stories: 5.0
Taxes: $10,505
Year Built: 1900
Feature Descriptions
Building Area Total: 8690
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Other
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Dwelling Type: 5-9 Family
Electric: Individually Metered
Lot Features: Other
Open Parking Y/N: Yes
Parcel Number: 4200326
Parking Features: Off Street, Paved
Parking Total: 10
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Rooms Total: 36
Sewer: Public Sewer
Units: 7
Water: Public
Listed By / Shown By
Listed By
Agency Name: Horvath & Tremblay
Agent Name: Spencer Norton
Agency Phone: 781-776-4000
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,658.16 per month $4,228.58 Principal & Interest $875.42 Property Tax $554.17 Homeowner's Insurance
53-57 Woodland St | MLS# 73556228
This multi-family property located at 53-57 Woodland St, Lawrence, MA 01841 is currently listed for sale with an asking price of $1,900,000. Search Lawrence real estate on www.masiellogrouprealestate.com today.