53-57 Woodland St 01841, Lawrence
$1,900,000
8690 SqFt
Size
22
Bedrooms
7
Bathrooms
73556228
Property Id
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.
Address
Residential Income
ResidentialProperty
5-9 Family
Sale
1900
36
22
7
8,690 sqft
21,780 sqft
10
36
22
7
$1,900,000
$1,900,000
$219
$10,505
2026
$875
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