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267-269 Merrimack St

Lawrence, MA 01843
  • $699,900
  • STATUS: Active
  • MLS #: 72998234
UPDATED: 68 min ago
$699,900
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial-Lease
Built:
1912
County:
Area:

School Ratings & Info

Listing courtesy of Linda Early of Coco, Early & Associates.

Description

Location, location, location!This is a very rare opportunity to acquire an investment property located in the highly desirable Riverwalk area of Lawrence. This property has been meticulously maintained for many years. Enjoy positive cash flow from the 3 long term tenants. This property is comprised of a first floor commercial space together with 2 apartments each of which have 2 bedrooms. Situated on a nice corner lot with easy access for commuters as well as steps away from the Train Station. Don't miss this opportunity to own a fantastic, cash flowing investment in a thriving, redeveloping area with incredible growth potential.

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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 2022-06-27T08:09:46.927.
www.coastalnewenglandproperties.com/homes/129873445
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267-269 Merrimack St Lawrence, MA 01843

  • Price: $699,900
  • Status: Active
  • On Site: Days
  • Updated: 68 min ago
  • MLS #: 72998234
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1912
Built
Neighborhood:
Other
County:
Essex
Area:
Other
Property Description
Location, location, location!This is a very rare opportunity to acquire an investment property located in the highly desirable Riverwalk area of Lawrence. This property has been meticulously maintained for many years. Enjoy positive cash flow from the 3 long term tenants. This property is comprised of a first floor commercial space together with 2 apartments each of which have 2 bedrooms. Situated on a nice corner lot with easy access for commuters as well as steps away from the Train Station. Don't miss this opportunity to own a fantastic, cash flowing investment in a thriving, redeveloping area with incredible growth potential.
Exterior Features

Parking Features AssignedStreet Parking Spaces 2 Stories 3

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 1693.00 Rsf Building Sq Ft 2064.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 238500.00 Assessed Value Land 96800.00 Assessed Value Total 335300.00 Commercial Industrial Type Mixed Use Disclosure Yes Exchange No Gross Annual Expense 16303.00 Gross Annual Income 56025.00 Lease Yes Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 1 Rsu Units 2 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2022 Taxes 3835.83 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning I2

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Linda Early of Coco, Early & Associates.


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 2022-06-27T08:09:46.927.
 
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Kinlin Grover Compass
45 Court Street
Plymouth MA, 02360
Listing courtesy of Linda Early of Coco, Early & Associates.