5 Lawrence Street

Everett, MA, 02149

$5,200,000

$350 per ft²
$5,200,000
$350 per ft²
Active
Active
 - For Sale
beds
33 Beds
baths
13 Baths
carpenters-square
14,834 ft²
property_type
Multi-family
calendar
Built 1920
This beautiful thirteen (13) unit 3 story blonde brick building boasts an ideal unit-mix to increase rents with eight (8) two-bedrooms, three (3) three-bedrooms and two (2) four-bedrooms. Much of the capital improvements have been completed for the new ownership. The improvements consist of but not limited to ten (10) renovated apartments out of 13 units with new kitchens, bathrooms, electrical and plumbing, recently installed rubber membrane roof, one (1) 75-gallon commercial grade gas fired hot water tank, common area upgrades including flooring, paint, led-lighting, security camera system and fire safety equipment with wireless fire-panels. Seller will be creating a parking lot in the rear of the property which will consist of 6-8 surface parking spots which will generate increased revenue prior to closing. Offering memorandum is attached in documents, see financials on page 13.
MLS® ID:
73052651
Listed:
10/26/22
Updated:
11/27/22
Coldwell Banker Global Luxury
Todd Glaskin Resl Estate

Interior Features

Total Bedrooms
33
Full Bathrooms
13
Interior Features
Living Room, Kitchen

Exterior/Building Features

Lot Size
8,525 ft² lot
Lot Details
Corner Lot
Sewer
Public Sewer

Other Property Details

Taxes
$21621
Tax Frequency
per YEAR
HOA Amenities
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station
Garage
No
Parking
N
View
N
County
Middlesex
Water Source
Public
Pool
No
Total Stories
4
Zoning
DD

 

Courtesy of Sara Pouladian, North Shore Realty Advisors

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Data last updated 2:56 PM UTC, 11/27/22

Coldwell Banker Global Luxury
Todd Glaskin Resl Estate
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