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716 Lawrence St

Lowell MA 01852

7
2
2585 sq. ft.
2814 sq. ft.
Other
Currently for sale - view listing

Overview

INVESTOR'S DREAM - HIGH RENTS - $60,600 ANNUAL GROSS INCOME. This property brings in higher rents that more expensive 2 family units. UNIT #1: 3 bedrooms, kitchen w/granite counters, livrm w/wood flooring and full bathroom.($2,400/MONTH). UNIT #2 - 4 bedrooms, kitchen w/granite counters, livrm w/wood flooring, full bath and pull down to attic space. There is also a back deck just for this unit ($2,650/MONTH. Unit #1 has lead Certificate of Maintained Compliance. Apartment Compliance Certs for both units from Lowell Inspectional Svs. This property offers vinyl siding, back yard and new owner can obtain a permit for 1 parking space. Additional parking on street. **Tenants would like to remain. Unit 1 lease ends October, 2026. Unit #2 lease ends February, 2027. Walk-out dirt basement great for storage. Great investment opportunity with ANNUAL GROSS RENTAL INCOME OF $60,600. Tenants would like to remain PHOTOS ARE PREVIOUS TO TENANTS OCCUPANCY *716 Lawrence St is the property with the green & red barrels in front" Put your touches on this multi-family with backyard and make it shine! All separate utilities other than water/sewer.

Features

7 bedrooms
2 bathrooms
2585 sq. ft. floor area
2814 sq. ft. lot size
Other

Property history for 716 Lawrence St

2023
Sold
$600,000
07 Dec 2023 by Chris Doherty, of Doherty Properties
2021
Sold
$425,000
15 Jul 2021 by Fermin Group, of Century 21 North East
2004
Sold
$231,000
22 Dec 2004 by Patrick Larkin, of Turnpike Commercial R. E., Inc

Happy sellers in Lowell

94%
94% of sellers in Lowell reported that their sale price either exceeded or met their price expectations.

Lowell stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Lowell over the last 12 months.

Local market activity for 7 bedroom other properties in Lowell

In the last 12 months, 1 seven-bedroom other similar to 716 Lawrence St, have been sold.

This represents a 50% increase in seven-bedroom other properties sales when compared to the previous 12 months.

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(619) 566-0008
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