35-37 Falmouth St, Lawrence MA 01843
About this home
Don't miss this opportunity to purchase 6 units located just over the North Andover line in South Lawrence. This building is comprised of six 2 bed 1 bath units, half of which have been fully renovated. These renovations include, but are not limited to, new kitchens, bathrooms, flooring, paint and windows. All of the units have boasted high rental demand because of the off street parking spaces, impeccable location to I-495 and other forms of public transportation. Additional income can be generated by providing 1 off-street parking space per unit and renting out the rest to local commuters or residents. Other major renovations include new roof, new soffits, freshly poured basement floor, rebuilt front porch and rebuilt side porches for all three levels.
Sale Statistics
This property sold for 4.2% below the original asking price.
With only 29 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
35-37 Falmouth St, Lawrence MA 01843
Lawrence, MA 01843
Walkability
Schools
School information not available
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Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Jun 14, 2024Listed for Sale
Apr 1, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/14/2024 | ✓ Sold | $1,150,000 | - | - | Property sold |
| 04/01/2024 | 🏠 Listed for Sale | $1,200,000 | - | - | Original listing |