246-254 Salem St, Lawrence, MA 01843 – 73304583

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2025

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Eric Coury

eric@thecouryteam.com +1(401) 996-7660

$ 1,699,900

Est. payment -/mo

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Pending

246-254 Salem St Lawrence, MA 01843

19 Beds

9 Baths

8,686 SqFt

UPDATED:

11/21/2024 08:40 PM

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 8,686 sqft

Price per Sqft $195

MLS Listing ID 73304583

Bedrooms 19

Full Baths 9

Year Built 1918

Annual Tax Amount $9,540

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Description

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!

Location

State MA

County Essex

Area South Lawrence

Zoning R Mult Bld

Direction South Lawrence: Take 495 to South Broadway, left onto Salem Street

Rooms

Basement Full, Interior Entry, Concrete

Interior

Interior Features Living Room, Kitchen

Heating Baseboard, Natural Gas

Flooring Tile, Vinyl

Exterior

Exterior Feature Garden

Community Features Public Transportation, Laundromat, Highway Access

Roof Type Shingle,Rubber

Garage No

Building

Lot Description Other

Story 9

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by J. Borstell Real Estate, Inc.

Our Team

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Eric Coury

Realtor - Team Manager

+1(401) 996-7660

eric@thecouryteam.com

View Profile

Tricia Coury

Listing Specialist - Client Service Manager

+1(508) 838-6956

tricia@triciacoury.com

Eric & Tricia Coury

The Coury Team Realtors | License ID: TM347714, 48097

+1(508) 838-6956

Eric Coury

246-254 Salem St Lawrence, MA 01843

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Our Team

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246-254 Salem St