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!
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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.
South Lawrence
246-254 Salem St, Lawrence MA 01843
Lawrence, MA 01843
| 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 |
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