106 E Haverhill, Lawrence, MA, MA 01841

Listing Courtesy of : Fermin Group ---- Century 21 North East

Selling Office:

$680,000
7
BD
4
BA
3,040
SqFt

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Sold Price
$680,000
List Price
$619,000
Status
SOLD
MLS#
73520168
Bedrooms
7
Bathrooms
4
Full Baths
4
Living Area
3,040
Year Built
1915

Property 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 an 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!

Additional Information

Taxes
$5,467
Parking Description
Other
Parking Features
Other
Basement
Partial, Interior Entry, Unfinished
Water Source
Public
Lot Description
Other
Water
Public
Sewer
Public Sewer

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