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    91-95 Newbury St

    Lawrence, MA 01841
    • $1,699,900
    • STATUS: Under Agreement
    • MLS #: 72833072
    Pending
    UPDATED: 37 min ago
    $1,699,900
    • 23
      BEDS
    • N/A
      ACRES
    • 9
      BATHS
    • 2
      1/2 BATHS
    • 13,029
      SQFT
    • $130
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    Listing courtesy of Olivares Molina Team of Realty One Group Nest.

    Description

    Absolute gem of an investment! Welcome to this turn key building that was completed gutted to the studs approx. 7 years ago, fully restored and fully tenanted! One of kind building featuring 9 residential units and 2 commercial units! Building went through extensive updating to include new siding, windows, roof, new walls, plumbing, electrical, forced hot air by gas heating units in all residential units, coin operated laundry areas, split units in commercial units, hardwood floors, ceramic tiling as well as granite counters and upgraded cabinetry in all kitchens. Building features long term tenants throughout! Building consist of 6 units of three bedrooms, 2 units of two bedroom and one unit of a 1 bedroom apartment along with 2 commercial units. Building located within distance to downtown Lawrence and close proximity to Campagnone Common Park. The time is now and this building is ready for you to add to your investment portfolio!

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    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. Data last updated 2021-06-14T21:07:14.62.
    www.parrottrealtygroup.com/homes/117318445
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    91-95 Newbury St Lawrence, MA 01841

    • Price: $1,699,900
    • Status: Under Agreement
    • Updated: 37 min ago
    • MLS #: 72833072
    23
    Beds
    9
    Baths
    2
    ½ Baths
    N/A
    Acres
    13,029
    SQFT
    $130
    $/SQFT
    1900
    Built
    Neighborhood:
    North Lawrence
    County:
    Essex
    Area:
    North Lawrence
    Property Description
    Absolute gem of an investment! Welcome to this turn key building that was completed gutted to the studs approx. 7 years ago, fully restored and fully tenanted! One of kind building featuring 9 residential units and 2 commercial units! Building went through extensive updating to include new siding, windows, roof, new walls, plumbing, electrical, forced hot air by gas heating units in all residential units, coin operated laundry areas, split units in commercial units, hardwood floors, ceramic tiling as well as granite counters and upgraded cabinetry in all kitchens. Building features long term tenants throughout! Building consist of 6 units of three bedrooms, 2 units of two bedroom and one unit of a 1 bedroom apartment along with 2 commercial units. Building located within distance to downtown Lawrence and close proximity to Campagnone Common Park. The time is now and this building is ready for you to add to your investment portfolio!
    Exterior Features

    Beachfront No Color Beige Construction Frame Exterior Vinyl Foundation Fieldstone Lot Description CornerPaved Drive Parking Features Off-StreetPaved Driveway Parking Spaces 2 Road Type Public Roof Material Other (See Remarks) Waterfront Flag No

    Interior Features

    Basement Yes Basement Features Interior AccessConcrete FloorUnfinished Basement Bedrooms Unit1 3 Bedrooms Unit2 3 Bedrooms Unit3 3 Bedrooms Unit4 3 Energy Features Insulated WindowsInsulated Doors Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring WoodTile Floors Unit1 2 Floors Unit2 2 Floors Unit3 2 Floors Unit4 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heating Unit1 Forced AirGas Heating Unit2 Central HeatGas Heating Unit3 Forced AirGas Heating Unit4 Forced AirGas Hot Water Natural GasTankTankless Interior Features Unit1 Cable Tv AvailableTile FloorStone/Granite/Solid CountersHardwood FloorsUpgraded CabinetsUpgraded CountertopsRemodeledStone/Ceramic Tile Floor Interior Features Unit2 Cable Tv AvailableTile FloorStone/Granite/Solid CountersHardwood FloorsUpgraded CabinetsUpgraded CountertopsRemodeledStone/Ceramic Tile Floor Interior Features Unit3 Cable Tv AvailableTile FloorStone/Granite/Solid CountersHardwood FloorsUpgraded CabinetsUpgraded CountertopsRemodeledStone/Ceramic Tile Floor Interior Features Unit4 Cable Tv AvailableTile FloorStone/Granite/Solid CountersUpgraded CabinetsUpgraded CountertopsWood FlooringRemodeledStone/Ceramic Tile Floor Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 25 Rooms Description Unit1 Living RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living RoomKitchen Rooms Description Unit4 Living RoomKitchen Rooms Unit1 5 Rooms Unit2 5 Rooms Unit3 5 Rooms Unit4 5

    Property Features

    Amenities Public TransportationShoppingParkMedical FacilityLaundromatHouse Of WorshipPublic School Apod Available No Assessments 828100.00 Contingency Type Pending P&S Disclosure No Disclosures Building Was Gutted To The Studs And Fully Restored Approx. 7 Years Ago. Security Cameras And Coin Operated Laundry included. See Attachments For Rent Roll And Expenses. Electric Features Circuit BreakersIndividually Metered Exclusions Tenant Belongings. Expenses Source EstimatedOwner ProvidedOther (See Remarks) Gross Operating Income 157500 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lender Owned No Multifamily Type 5+ Family - 5+ Units Up/Down Net Operating Income 83100 Rent Description Unit1 Water Rent Description Unit2 Water Rent Description Unit3 Water Rent Description Unit4 Water Rent Unit1 1300 Rent Unit2 1300 Rent Unit3 1550 Rent Unit4 1475 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2021 Taxes 11320.00 Utility Connections Varies Per Unit Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning B2

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Olivares Molina Team of Realty One Group Nest.


    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. Data last updated 2021-06-14T21:07:14.62.
     
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    Listing courtesy of Olivares Molina Team of Realty One Group Nest.