71-77 Florence Ave

Lawrence, MA 01841 View Map $915,000 Ask a Question
Beds8
Baths4
Sq.Ft.4,376
Year1900
71-77 Florence Ave Lawrence, MA 01841 | MLS 73165136 Photo 1
71-77 Florence Ave Lawrence, MA 01841 | MLS 73165136 Map

Five Market Realty Group LLC

(978) 539-7335

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Status: Sold
Property Type:4 Family
MLS #:73165136
Sq. Feet:4,376
Date Sold:11/3/2023
Lot Size:0.1 Acres
County:Essex
Turnkey condition describes this 4 unit deleaded investment property on quiet side street. This property features newer roof, vinyl siding, boilers (4), hot water heaters (4) and Andersen windows. The electric is separate with house meter as well (circuit breakers). Full basement with locked storage/work room for owner with additional storage space for tenants. Each unit includes an outside deck (4), washer/dryer hook-ups, as well as kitchen and pantry, living room, dining room plus 2 bedrooms and full bath. Fabulous overall condition. All parking on street. No landscaping or plowing needed. Excellent opportunity to own an extremely well maintained investment property owned for 30+ years by current owner.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
11/3/2023$899,900$915,0001.7%

Community Information

Address:71-77 Florence Ave, Lawrence, MA 01841
County:Essex
City:Lawrence
Zip Code:01841

School Information

High School:Lhs
Middle School:Local
Elementary School:Local

Architecture

Bedrooms: 8
Bathrooms: 4
Year Built:1900
Stories:6
Building Area: 4376
Roof: Shingle
Foundation: Stone
Basement: Full, Concrete
Parking Features: On Street

Features / Amenities

Interior Features: Unit 1(Ceiling Fans, Pantry, Lead Certification Available), Unit 2(Ceiling Fans, Pantry, Lead Certification Available), Unit 3(Ceiling Fans, Pantry, Lead Certification Available), Unit 4(Ceiling Fans, Pantry, Lead Certification Available), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen), Unit 4 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
Flooring: Wood, Tile, Carpet
Exterior Features: Porch, Screens
Patio And Porch: Porch
Door Features: Storm Door(s)
Window: Insulated Windows, Screens
Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
Heating: Unit 1(Central Heat, Hot Water Baseboard, Gas, Individual, Unit Control), Unit 2(Central Heat, Hot Water Baseboard, Gas, Individual, Unit Control), Unit 3(Central Heat, Hot Water Baseboard, Gas, Individual, Unit Control), Unit 4(Central Heat, Hot Water Baseboard, Gas, Individual, Unit Control)
Total Rooms:28

Property Features

Lot Size: 0.1 Acres
Utilities: for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer
Sewer: Public Sewer
Water: Public
Electric: 220 Volts, Circuit Breakers, 60 Amps/Less
Road Frontage: Public
Road Surface: Paved
Zoning:RES
Directions:Haverhill St to Florence Ave

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $6,473
Current Financing: Conv. Fixed
Contingency: Pending P&S
Gross Income: $51,900
Net Operating Income: $51,900
Total Actual Rent: $4,325
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Buyer Agency Compensation: 2%%
Transaction Broker Compensation:
Disclosures: Sale is part of a 1031 exchange.

Listing Agent/Office

Listing provided courtesy of The Carroll Group, Re/Max Partners.

Schools

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Listing Information Last Updated 5/26/2024