$659,900
Total Beds: 12 Total Baths: 4
Total Units: 4 SQFT: 5224
LOT size: 0.14 Acres
136- 142 Bailey St
Lawrence, MA 01843

Property Description

Great time for all looking for a rare investment opportunity to make extra income with this well kept property in South Lawrence. Features New windows and Siding. Has plenty of room in each of the units, with all units being used as a Four bedroom. Excellent income potential, current rents are slightly below market value. All units have letters of Lead Compliance. Four car garage in the back of the property. Don't miss this Opportunity. Only Showings Start AT O/H Monday 7/6, accompanied and by appointment only. *** UPDATE*** All offers due 7/7 by 6PM.

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Levels: 2
  • Total Rooms: 28
  • RMS: 26
  • Total Bedrooms: 12
  • Total Full Baths: 4
  • Amenities: Park, Public School, Public Transportation, T-Station
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 62400
  • Net Operating Income: 62400

Utilities

  • Hot Water: Natural Gas
  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Rent: 1700
  • Under Lease: Yes
  • Rooms: 7
  • Floors: 1
  • Bedrooms: 3
  • Full Baths: 1
  • Levels: 1

Unit 2 Description

  • Rent: 1300
  • Under Lease: No
  • Rooms: 7
  • Floors: 2
  • Bedrooms: 3
  • Full Baths: 1
  • Levels: 1

Unit 3 Description

  • Rent: 1300
  • Under Lease: No
  • Rooms: 7
  • Floors: 3
  • Bedrooms: 3
  • Full Baths: 1

Unit 4 Description

  • Rent: 1300
  • Under Lease: No
  • Rooms: 7
  • Floors: 4
  • Bedrooms: 3
  • Full Baths: 1

Construction

  • Year Built: 1900
  • Type: 4 Family - 4 Units Side by Side
  • Construction Type: Other (See Remarks)
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Vinyl / VTC, Wall to Wall Carpet, Wood
  • Lead Paint: Certified Treated, Unknown

Other Information

  • MLS ID# 72684494
  • Last Updated: 08/11/20

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