About 716 Lawrence St.
INVESTOR'S DREAM - HIGH RENTS - $60,600 ANNUAL GROSS INCOME. This property brings in higher rents that more expensive 2 family properties. UNIT #1: 3 bedrooms, kitchen w/granite counters, livrm w/wood flooring and full bathroom.($2,400/MONTH. MONTH TO MONTH LEASE). UNIT #2 - 4 bedrooms, kitchen w/granite counters, livrm w/wood flooring, full bath and pull down to attic space. There is also a back deck just for this unit ($2,650/MONTH - LEASE TO 2/1/2027). Unit #1 has lead Certificate of Maintained Compliance. This property offers vinyl siding & back yard. New owner can obtain a permit for 1 parking space. Additional parking on street. Unit 1 lease Month to Month Unit #2 lease ends February 1, 2027. Great investment opportunity with ANNUAL GROSS RENTAL INCOME OF $60,600. PHOTOS ARE PREVIOUS TO TENANTS OCCUPANCY *716 Lawrence St is the property with the green & red barrels in front" Put your touches on this multi-family with backyard and make it shine! All separate utilities other than water/sewer. **Street parking**
Features of 716 Lawrence St.
| MLS® # | 73530166 |
|---|---|
| Price | $629,900 |
| Units | 2 |
| Bedrooms | 7 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,585 |
| Acres | 0.06 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 2 Family - 2 Units Up/Down |
| Status | Active |
Community Information
| Address | 716 Lawrence St. |
|---|---|
| City | Lowell |
| County | Middlesex |
| State | MA |
| Zip Code | 01852 |
Amenities
| Utilities | for Gas Range |
|---|---|
| Parking | On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
| Stories | 2 |
Exterior
| Windows | Insulated Windows |
|---|
Additional Information
| Zoning | TMU |
|---|---|
| Gross Income | $60,600 |
| Net Operating Income | $60,600 |
| Total Actual Rent | $5,050 |
| Rent Includes | Unit 1(Water), Unit 2(Water) |
Listing Details
| Agent | Karen J. Dame |
|---|---|
| Office | Century 21 North East |