Updated 2 family located in the desirable South Lawrence area near the Andover line. The property has a brand new roof recently done over back in 2022, two new gas furnace heaters and two new boilers replaced in 2022. First floor is vacant, has 2 bedrooms but can be converted into a 3 bedroom apartment. The second floor is rented but tenants are at will with no contract. The home is great for owner occupants looking to live in one floor and rent the other or a savy investor looking to increase rents in a hot market. The property has 3 parking spots and a cozy backyard. Property is turn key and requires minimal maintenance, don’t miss out.
Sale Statistics
Sale Overview
Original List Price:$699,000
Final Sale Price:$715,000
Difference:
+$16,000 (+2.3%)
Performance Metrics
102.3%
List to Sale Ratio
Sold above asking price
10
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$280
Sale $/sq ft:$286
This property sold for $286 per square foot
Sale Summary
This property sold for 2.3% above the original asking price, indicating strong buyer demand.
With only 10 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1922
Bedrooms
5
Full Bathrooms
2
Living Area
2,500 sq ft
Total Rooms
10
Stories
2
Levels
2
Interior Features
Flooring
Vinyl, Laminate, Hardwood
Has Fireplace
No
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full
Door Features
Storm Door(s)
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Patio/Porch Features
Enclosed
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.07 acres
Lot Size
3,200 sq ft
Lot Size Area
0.0700
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street
Utilities & Systems
Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service
Community & HOA
Community Features
Public Transportation, Tennis Court(s), Park, Laundromat, Highway Access, House of Worship, Public School
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,852
Tax Year
2024
Tax Assessed Value
$524,500
Parcel Number
4208119
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Seller never lived in the property, buyers/agent should verify information. Property is being sold "as is." 2nd floor washer and dryer included
