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106 E Haverhill 01841, Lawrence

$619,000

For Sale

4500 SqFt

Size

7

Bedrooms

4

Bathrooms

73520168

Property Id

Property image 1
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Description

Unlock the potential of this expansive mixed-use property in a prime Lawrence location. Currently configured with three tenant-at-will residential units, this property offers immediate income and significant upside. The second floor units were fully renovated in 2022, featuring updated electrical systems and modern finishes, also a permitted addition creating a bonus room for abundant space. The ground floor presents a versatile commercial space, awaiting complete transformation. Approved by the building department for conversion into a fourth residential unit, architectural plans are already in place, offering a clear path to increasing rental income and property value. Alternatively, renovate the commercial space to cater to local business needs, tapping into a different market segment. This property boasts a large footprint, and deck providing an additional exit for the upper units. Don't miss this opportunity to capitalize on such flexible options and substantial growth capability!

Address

Address106 E Haverhill 01841 Lawrence, MA
CountryUS
Property Type

Residential Income

Property Class

ResidentialProperty

Style

3 Family

Transaction Type

Sale

Year Built

1915

Total Rooms

8

Bedrooms

7

Bathrooms (Full)

4

Square Feet

4,500 sqft

Lot Size

8,862 sqft

Heating

Natural Gas, Electric

Total Rooms

8

Bedrooms

7

Full Bathrooms

4

Heating

Natural Gas, Electric

Basement

Partial, Interior Entry, Unfinished

List Price

$619,000

Original Price

$619,000

Price per Sqft

$138

Annual Property Taxes

$5,467

Tax Assessment Year

2026

Monthly Tax Estimate

$456

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