49 Lawrence Street Salem, MA 01970
**Attention Investors and Homeowners!** Whether you're seeking an outstanding long-term investment, a 1031 exchange before year-end, or looking to offset your mortgage with rental income, this property offers the perfect opportunity. Rent out all three units and generate over $100k in gross annual income, flip for condos, or live in the beautifully updated first-floor unit. Located just a few blocks from the proposed new commuter rail station. Exceptionally updated three-family home features 3 bedrooms and 1 bathroom in each unit. The units have porches to enjoy summer evenings. Full basement for storage and it walks out to nice size yard. Off street parking for 4-5 cars. Two units are already fully rented to excellent tenants, while the first-floor unit is available for you to rent or occupy as you see fit. Rare to find an all 3 bedroom unit multifamily. Don't miss this incredible chance!

property details
Interior Features
Dishwasher
Microwave
Refrigerator
Freezer
Tile
Wood
Exterior Features
Off Street
Brick/Mortar
Utility & Building Info
Forced Air
Price History
date | event | price | source |
---|---|---|---|
11/05/2024
11/05/2024
|
Sold |
$1,115,000
|
MLSPIN - MLS Property Information Network |
10/22/2024
10/22/2024
|
Pending |
$1,050,000
|
MLSPIN - MLS Property Information Network |
10/10/2024
10/10/2024
|
Contingent |
$1,050,000
|
MLSPIN - MLS Property Information Network |
10/04/2024
10/04/2024
|
Active |
$1,050,000
|
MLSPIN - MLS Property Information Network |
Market Trends
Source: Constellation1
Mortgage Calculator
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