About 172-174 Park St
Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5-6 room, 3-bedroom apartments, with the owner’s unit to be delivered vacant at closing—a rare opportunity to move right in or lease at market rent. Extensively updated through 2010, the property features a full building sprinkler system, separately metered gas and electric utilities, replacement windows, and low-maintenance vinyl siding. Additional amenities include coin-operated laundry, dedicated tenant storage, a one-car garage with 8+ more off-street parking spots, storage shed, fenced yard with fruit trees & garden area. Strong in-place rental income with all three tenanted units being TAW. Plenty of flexibility for future occupancy or rental adjustments. This is an excellent opportunity for both owner-occupants and investors seeking a well-maintained income property.
Features of 172-174 Park St
| MLS® # | 73555467 |
|---|---|
| Price | $1,300,000 |
| Bedrooms | 12 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 5,023 |
| Acres | 0.16 |
| Year Built | 1910 |
| Type | Residential Income |
| Sub-Type | 4 Family |
| Status | Active |
Community Information
| Address | 172-174 Park St |
|---|---|
| City | Lawrence |
| County | Essex |
| State | MA |
| Zip Code | 01841-2512 |
Amenities
| Parking Spaces | 11 |
|---|---|
| Parking | Paved Drive, Off Street, Paved |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Laundry Room |
|---|---|
| Appliances | Range, Microwave, Refrigerator |
| Heating | Steam, Natural Gas |
| Fireplace | No |
| # of Stories | 4 |
| Stories | 4 |
Exterior
| Exterior Features | Sprinkler System, Fruit Trees, Garden |
|---|---|
| Lot Description | Level |
| Roof | Rubber |
| Foundation | Concrete Perimeter, Stone |
School Information
| Elementary | John K. Tarbox School |
|---|---|
| Middle | Arlington Middle School |
| High | Lawrence High School |
Additional Information
| Zoning | B1 |
|---|
Listing Details
| Agent | Kim Mulligan |
|---|---|
| Office | Realty Direct Somerville |