Luxury Residential Group: 350 S Broadway, Lawrence, MA

Property Description

Four-family, built 1880, 21,950 SF lot (approx. 0.5 acre), seven off-street spaces. Public record reflects five units; City of Lawrence reflects four built and occupied - the fifth was never completed. Positioned on South Broadway, one of the city's principal arteries. An additional foundation is in place, ready for expansion, and basement & attic space is unfinished, offering expansion potential subject to municipal approval. Rent roll (per seller): U1 3BR $2,600; U2 2BR $2,350; U3 2BR $1,950; U4 1BR $1,775; gross monthly $8,675, gross annual $104,100. Gas steam, municipal water and sewer. Units occupied, showings by appointment only,

offered at

$1,099,000

Listing ID: 73543368
Bedrooms: 8
Full Baths: 5
Living Area: 4,052 sqft 376 m² Convert
Lot Size: 21,950 sqft 2,039 m² Convert
Acres: 0.5

Additional Details

Type: Multi-Family, Quadruplex

Zip Code: 01843

Levels: 6

Parking

Garage Capacity: 7

Parking: Off Street,Paved

Parking Spaces: 7

Rooms and Dimensions

Total Units: 4

Total Floors: 6

Total Rooms: 22

Has Basement: Yes

LRG Boston

(617) 233-5800

350 S Broadway

Lawrence, MA