246-254 Salem St, Lawrence MA 01843
About this home
Exceptional opportunity to own a well maintained, 9-unit investment property in the desirable South Lawrence area. 3 separate buildings on one lot, a 6-family, single family and 2-family. Eight 2-bedrooms and one 3-bedroom unit, all large with many cosmetic updates throughout. With updated heating systems and a well maintained basement, there is little to do here. Most tenants are TAW and many of the rents are well below fair market. Located within walking distance of public transportation and downtown, it also offers convenience for tenants. Don’t miss this opportunity to secure a well-maintained asset in an appreciating neighborhood!
Sale Statistics
This property sold for 5.6% above the original asking price, indicating strong buyer demand.
With only 20 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
South Lawrence
246-254 Salem St, Lawrence MA 01843
Lawrence, MA 01843
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Dec 13, 2024Listed for Sale
Oct 21, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 12/13/2024 | ✓ Sold | $1,795,000 | - | - | Property sold |
| 10/21/2024 | 🏠 Listed for Sale | $1,699,900 | - | - | Original listing |