Unit Information
Fully occupied legal 4-family offering immediate rental income. This well-maintained Lawrence multifamily currently generates $8,400 monthly in gross rental income, plus additional income from coin-operated laundry. Each of the four spacious apartments features 3 bedrooms, offering a total of 12 bedrooms and 4 full baths. Building improvements include a certified fire sprinkler system, replacement windows, vinyl siding, individual gas heating systems, and separately metered gas and electric. Common basement amenities include coin-operated laundry, mechanical space, and tenant storage. Outside, enjoy a fenced yard with garden area and fruit trees, storage shed, one-car garage, and generous off-street parking for 8+ vehicles. All four units are occupied by tenants-at-will, providing established rental income with potential for rental increases. Conveniently located near shopping, transportation, and major commuter routes. An excellent opportunity to acquire an established and clean income-producing property with strong existing revenue and additional upside!
- Additional Details
- Status: Active
- Type: Multi-Family, Quadruplex
- Zip Code: 01841
- Levels: 4
- Parking
- Garage: 1
- Garage Capacity: 1
- Parking: Paved,Off Street
- Parking Spaces: 11
- Rooms and Dimensions
- Total Units: 4
- Total Floors: 4
- Total Rooms: 22
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$1,235,000
- Listing ID: 73555467
- Bedrooms: 12
- Full Baths: 4
- Living Area: 4,678 sqft Convert
- Lot Size: 7,000 sqft Convert
- Acres: 0.16
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |