Price Reduction - Waterfront
Address
5 Exchange St, Lawrence, MA
Price
$ 649,900
Property Attributes
- MLS#73210708
- TypeMulti-Family
- CountyESSEX
- CityLawrence
- AreaNorth Lawrence
- Zip01841
- Style3 Family
- Year Built1890
- Taxes$ 4352
- Price$ 649,900
- Bedrooms8
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2938
- Lot Size7,405 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Welcome to your next investment opportunity! 3-family house, settled on a dead-end street, is perfect for both owner occupants and savvy investors alike. The second-floor unit awaits its new occupants has undergone a recent remodel, featuring reset lighting and a refreshed ambiance. This space has been transformed into a cozy retreat for its future occupants.The first-floor unit, is owner occupied boasting a resilient remodel with a contemporary open-concept design; reset lighting, in need of minor touches to embrace its new occupants.The third-floor unit is occupied, presents an exciting opportunity for those with a creative vision. An open canvas awaits, beckoning you to unleash your imagination and personalize this space to your heart's desire.Don't miss out on the chance to own this versatile property, where possibilities abound. Whether you're looking to be owner occupant or seeking an investment with endless potential! Seller is motivativated offering credit of $10k
| Price History | |
|---|---|
| 3/11/2024 | Listed $699,900 |
| 5/1/2024 | 8% - $649,900 |
General Features
| Interior Features | Kitchen,Living RM/Dining RM Combo |
|---|---|
| Sewer | Public Sewer |
| Heating | Ductless |
| Cooling | Ductless |
| Utilities | for Electric Range |
| Roof | Shingle |
| Appliances | Range,Refrigerator |
| Zoning | R3 |
| Patio/Porch Features | Porch |
| Construction Materials | Frame |
| Year Built | 1890 |
| Property SubType | 3 Family |
| Tax Year | 2024 |
| Waterfront Features | Waterfront,Canal |
| Community Features | Public Transportation,Shopping,Park,Medical Facility,Laundromat,House of Worship,Public School |
| County | Essex |
| Property Type | Residential Income |
| Garage Y/N | No |
| Total Rooms | 14 |
| Status | Price Changed |
| Directions | Hampshire Street to Myrtle Street then to the beginning of Exchange Street |
| City | Lawrence |
| Disclosures | Subject to sellers finding suitable housing. Sold AS-IS Home Inspection for informational Purpose Only. Possible Flood zone,Will Not Qualify for FHASeller is Motivated and Offering Buyer credit of $1 |
| Senior Community Y/N | No |
| Total Units | 3 |
| MLS Area | North Lawrence |
| Lot Size Square Feet | 7200 |
| Waterfront Y/N | Yes |
| Street Name | Exchange St |
| Year Built Details | Approximate |
| Tax Annual Amount | 4352 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 470500 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Interior Entry,Unfinished |
|---|---|
| Flooring | Plywood,Laminate |
| Total Stories | 6 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 3 |
| Total Bedrooms | 8 |
| Total Baths | 3 |
Exterior Features
| Parking Features | Paved Drive,Off Street,Paved |
|---|---|
| Lot Features | Corner Lot |
| Water Source | Public |
| Total Parking | 5 |
| Lot Size Area | 0.17 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 2938 |
| Lot Size Acres | 0.17 |
| Lot Size Units | Acres |
| Road Frontage Type | Dead End |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 01841
Price
Taxes
Visits
Year Built
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