64 Manchester Street

    Lawrence, MA 01841
    • $895,000
    • STATUS: Active
    • MLS #: 72373161
    $895,000
    • 18
      BEDS
    • 0.21
      ACRES
    • 10
      BATHS
    • 0
      1/2 BATHS
    • 8,000
      SQFT
    • $112
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Joseph Lilly of Sky Realty, Llc.

    Description

    Ten unit brick building with plenty of parking. All separate utilities including ten individual water meters billed directly by the city. The unit mix is two 3 bedroom duplex apartments. Four 2 bedroom apartments. Four 1 bedroom apartments. Unit 1 which is a 1 bedroom was just rented for $850.00. All other units are far below market rent. Two new heating systems installed in the last few months. Seller may take a Buyer's larger or smaller property in trade. The other five units are as follows: Unit #6 1 bed rented for $675. Unit #7 2 bed rented for $725. Unit #8 2 bed rented for $775. Unit #9 3 bed duplex rented for $1,225. Unit #10 3 bed duplex rented for $1,000. Current gross rent is $8,175 per month. Potential gross is $10,000 per month see attached rent roll with market rates.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2018-10-21T23:46:46.51.
    www.trustrealtyone.com/homes/86234543

    64 Manchester Street Lawrence, MA 01841

    • Price: $895,000
    • Status: Active
    • MLS #: 72373161
    18
    Beds
    10
    Baths
    0
    ½ Baths
    0.21
    Acres
    8,000
    SQFT
    $112
    $/SQFT
    1940
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    Ten unit brick building with plenty of parking. All separate utilities including ten individual water meters billed directly by the city. The unit mix is two 3 bedroom duplex apartments. Four 2 bedroom apartments. Four 1 bedroom apartments. Unit 1 which is a 1 bedroom was just rented for $850.00. All other units are far below market rent. Two new heating systems installed in the last few months. Seller may take a Buyer's larger or smaller property in trade. The other five units are as follows: Unit #6 1 bed rented for $675. Unit #7 2 bed rented for $725. Unit #8 2 bed rented for $775. Unit #9 3 bed duplex rented for $1,225. Unit #10 3 bed duplex rented for $1,000. Current gross rent is $8,175 per month. Potential gross is $10,000 per month see attached rent roll with market rates.
    Exterior Features

    Beachfront No Construction Brick Exterior Brick Exterior Features PorchDeck Foundation Other (See Remarks) Garage Spaces 0 Lot Description Paved DriveLevel Parking Features Off-StreetPaved Driveway Parking Spaces 14 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

    Interior Features

    Appliances Unit1 RangeRefrigerator Appliances Unit2 RangeRefrigerator Appliances Unit3 RangeRefrigerator Appliances Unit4 RangeRefrigerator Basement Yes Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 2 Bedrooms Unit4 2 Cooling Unit1 None Cooling Unit2 None Cooling Unit3 None Cooling Unit4 None Cooling Units 0 Cooling Zones 0 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring Laminate Floors Unit1 1 Floors Unit2 1 Floors Unit3 1 Floors Unit4 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 1 Heat Zones 10 Heating Unit1 Hot Water BaseboardGasIndividualUnit Control Heating Unit2 Hot Water BaseboardGas Heating Unit3 Hot Water BaseboardGas Heating Unit4 Hot Water BaseboardGas Hot Water Natural Gas Interior Features Unit1 Balcony/DeckBathroom With TubSlider Interior Features Unit2 Bathroom With Tub Interior Features Unit3 Bathroom With Tub Interior Features Unit4 Bathroom With Tub Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 17 Rooms Description Unit1 Living RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living RoomKitchen Rooms Description Unit4 Living RoomKitchen Rooms Unit1 3 Rooms Unit2 3 Rooms Unit3 4 Rooms Unit4 4

    Property Features

    Adult Community No Apod Available No Assessments 435000.00 Disclosure No Disclosures La is Related To Seller. Property Was Totally Renovated in The 80'S And Should Not Have Lead. Seller Has One Lead Certificate Which is Attached. Property is Currently Assessed As 10 Condos. It Will Be Deeded As A Building. The Assessment is in The Process Of Being Updated To Reflect This. Gross Operating Income 98100 Lead Paint Unknown Lease Unit1 Y Lease Unit2 N Lease Unit3 N Lease Unit4 N Lender Owned No Multifamily Type 5+ Family - 5+ Units Up/Down Net Operating Income 0 Rent Description Unit1 Water Rent Description Unit2 Water Rent Description Unit3 Water Rent Description Unit4 Water Rent Unit1 850 Rent Unit2 650 Rent Unit3 700 Rent Unit4 825 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Gross Building Area Sq Ft Source Owner Tax Year 2018 Taxes 6230.62 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning Multi

    Listing information © 2018 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Joseph Lilly of Sky Realty, Llc.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2018-10-21T23:46:46.51.
     
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    Listing courtesy of Joseph Lilly of Sky Realty, Llc.