25-27 Montgomery St, Lawrence, Massachusetts 01841

$649,999
9
BD
3
BA
3,993
SqFt

Listing Courtesy of : Patrick Brusil ---- Keller Williams Realty Boston-Metro | Back Bay 5420012

List Price
$649,999
Status
ACTIVE
MLS#
73019290
Bedrooms
9
Bathrooms
3
Full Baths
3
Living Area
3,993
Lot Size (Acres)
0.09
Year Built
1900

Property Description

Look at the comparable sales and you'll find this property is PRICED TO SELL. In fact, we are going to go so far as to say it is clearly worth more than the asking price. We are THAT crazy. C'mon, when have you seen a 3-family of this size in Lawrence that featured central A/C in 2 units AND comes with a certificate of deleading compliance? I'd wait but we would be here forever. The first floor is vacant and has been freshly painted with the floors refinished so you have very little to do but find the next tenant OR move in and owner occupy! The property is vinyl siding for low maintenance and has off-street parking in the rear. The second and third floors have had the front porches converted to living space . . . it's possible the new owner could get a certificate of occupancy from the city for 4-bedroom units and collect even more rent!! Market rate rents are in the $2100 - $2,400 range depending on how one positions the property.

Additional Information

Taxes
$6,604
Water
City/Town Water
Sewer
City/Town Sewer
Elementary School
Francis Leahy
Middle School
Academy Oliver
High School
Lawrence High

Mortgage Calculator

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Calculator source: Real Geeks