49 Lawrence Street Salem, MA 01970
9 bed / 3 bath / 3,159 Sq. Ft. / 6,970 Sq. Ft., 0.16 acres lot size / Triplex
Status: Sold
Listing Courtesy of: Helen Bolino - Berkshire Hathaway HomeServices Commonwealth Real Estate +1 (617) 797-2222
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**Attention Investors and Homeowners!** Whether you're seeking an outstanding long-term investment, a 1031 exchange before year-end, or looking to offset your mortgage with rental income, this property offers the perfect opportunity. Rent out all three units and generate over $100k in gross annual income, flip for condos, or live in the beautifully updated first-floor unit. Located just a few blocks from the proposed new commuter rail station. Exceptionally updated three-family home features 3 bedrooms and 1 bathroom in each unit. The units have porches to enjoy summer evenings. Full basement for storage and it walks out to nice size yard. Off street parking for 4-5 cars. Two units are already fully rented to excellent tenants, while the first-floor unit is available for you to rent or occupy as you see fit. Rare to find an all 3 bedroom unit multifamily. Don't miss this incredible chance!
property details
Type
Triplex
Status
Closed
County
Essex
Year Built
1900
Sq. Ft.
3,159
Lot Size
6,970 Sq. Ft., 0.2 acres
Listing Id
73298609
Courtesy Of
Helen Bolino - Berkshire Hathaway HomeServices Commonwealth Real Estate +1 (617) 797-2222
List Office Phone
+1 (781) 246-2100
Interior Features
Beds
9
Full Baths
3
Living Area Units
Sq. Ft.
Flooring
Hardwood
Tile
Wood
Tile
Wood
Appliances
Range
Dishwasher
Microwave
Refrigerator
Freezer
Dishwasher
Microwave
Refrigerator
Freezer
Bathrooms Total
3
Exterior Features
Parking
Paved
Off Street
Off Street
Stories
3
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Gas Heat
Forced Air
Forced Air
Building Area Total
3,159 Sq. Ft.
Architectural Style
3+ Story
Price History
| date | event | price | source |
|---|---|---|---|
|
11/05/2024
11/05/2024
|
Sold |
$1,115,000
|
MLSPIN - MLS Property Information Network |
|
10/22/2024
10/22/2024
|
Pending |
$1,050,000
|
MLSPIN - MLS Property Information Network |
|
10/10/2024
10/10/2024
|
Contingent |
$1,050,000
|
MLSPIN - MLS Property Information Network |
|
10/04/2024
10/04/2024
|
Active |
$1,050,000
|
MLSPIN - MLS Property Information Network |
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Market Trends
Source: Constellation1
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