Property Description

248-250 Bailey, located in Lawrence, Massachusetts, presents a significant opportunity to acquire a substantial multi-family property constructed in 1910. Spanning 3,082 square feet of interior living area, this building offers an architectural history that provides a solid foundation for those seeking to invest in a versatile residential asset. The residence is structured across three distinct stories, offering a spacious floor plan that encompasses eight bedrooms in total. This generous bedroom count allows for flexible living arrangements and efficient space utilization. Complementing the private quarters, the property includes three full bathrooms, positioned to ensure functionality and convenience throughout the building. The exterior of the property occupies a 5,571-square-foot lot, providing a manageable outdoor footprint. Residents will benefit from the inclusion of two garage spaces, which offer secure, off-street vehicle storage and added utility in all weather conditions.