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). 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. Unit #1 has lead Certificate of Maintained Compliance. Apartment Compliance Certs for both units from Lowell Inspectional Svs. This property offers vinyl siding, back yard and new owner can obtain a permit for 1 parking space. Additional parking on street. **Tenants would like to remain. Unit 1 lease ends October, 2026. Unit #2 lease ends February, 2027. Walk-out dirt basement great for storage. Great investment opportunity with ANNUAL GROSS RENTAL INCOME OF $60,600. Tenants would like to remain 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.
Features of 716 Lawrence St.
| MLS® # | 73530166 |
|---|---|
| Price | $629,900 |
| 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
| Interior Features | Lead Certification Available, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Kitchen |
|---|---|
| Appliances | Range, Microwave, Refrigerator |
| Heating | Central, Electric |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
Exterior
| Exterior Features | Balcony/Deck, Rain Gutters |
|---|---|
| Lot Description | Cleared, Gentle Sloping |
| Windows | Insulated Windows |
| Roof | Shingle |
| Foundation | Stone |
Additional Information
| Zoning | TMU |
|---|
Listing Details
| Agent | Karen J. Dame |
|---|---|
| Office | Century 21 North East |