172-174 Park St, Lawrence, MA

$1,249,000

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12

Beds

4

Baths

5,023

Square feet

0.16

Acres

About 172-174 Park St

Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5room/3-bedroom apartments, with the owner’s unit to be delivered vacant at closing—a rare opportunity to move right in or lease at market rent. Extensively updated through 2010, the property features a full building sprinkler system, separately metered gas and electric utilities, replacement windows, and low-maintenance vinyl siding. Additional amenities include coin-operated laundry, dedicated tenant storage, a one-car garage with 8+ more off-street parking spots, storage shed, fenced yard with fruit trees & garden area. Strong in-place rental income with all three currently tenanted units being Tenants At Will. Plenty of flexibility for future occupancy or rental adjustments. This is an excellent opportunity for both owner-occupants and investors seeking a well-maintained income property.

Features of 172-174 Park St

MLS® # 73555467
Price $1,249,000
Bedrooms 12
Bathrooms 4.00
Full Baths 4
Square Footage 5,023
Acres 0.16
Year Built 1910
Type Residential Income
Sub-Type 4 Family
Status Active

Community Information

Address 172-174 Park St
City Lawrence
County Essex
State MA
Zip Code 01841-2512

Amenities

Parking Spaces 11
Parking Paved Drive, Off Street, Paved
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 4
Stories 4

School Information

Elementary John K. Tarbox School
Middle Arlington Middle School
High Lawrence High School

Additional Information

Zoning B1

Listing Details

Agent Kim Mulligan
Office Realty Direct Somerville

Listing Map

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