53-57 Woodland St, Lawrence, MA 01841

$1,900,000
22
BD
7
BA
8,690
SqFt

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List Price
$1,900,000
Status
NEW
MLS#
73556228
Year Built
1900
Levels
5
Bedrooms
22
Bathrooms
7
Acres
0.50
Living Area
8,690

Property Description

53-57 Woodland St contains seven (7) total units, spread across two (2) 3-Family structures and a Single Family. Units are comprised of two (2) 4-Bedroom/1-Bathroom units, four (4) 3-Bedroom/1-Bathroom units, and one (1) 2-Bedroom/1-Bathroom unit with 8,690 square feet of gross living area in 14,240 square feet of gross area. The Properties are spread across 0.50-acres of land and feature ten (10) off-street parking spaces, and have been updated with a new roof, electrical, and some recently renovated units. The Property’s multi-building configuration also provides the potential to reposition the asset as two separate properties consisting of three (3) units and four (4) units, respectively. This flexibility creates multiple exit strategies and broadens the pool of prospective buyers, including both investors and owner-occupants. The opportunity exists to acquire a well-located asset with significant upside potential for new ownership. Buyers and buyer's agent to perform own due diligence.

Additional Information

Taxes
$10,505
Lot Desc
Other
Lot Size
21,780
Sewer
Public Sewer
Water Source
Public
Parking Spaces
10

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Spencer Norton from Listing Office: Horvath & Tremblay.

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