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Fully Occupied 4-Family with Delivered Vacant Owner's Unit. Utilities are separately metered. Tenants pay for their own usage. Existing, active central fire sprinkler system fully operational throughout the structure. The 1998 Deleading History on File provides an excellent baseline for compliance. Total Bedrooms: 12, Total Bathrooms: 4, Living Area: 5473 Sq Ft, Lot Size: 7230 Sq Ft Off-street parking for 8+ vehicles with one garage space, storage shed and garden area on lot as well. All current occupants are Tenants at Will. Lawrence's multi-family market continues to outperform on rental demand and owner-occupant interest, making this property a strong candidate for both short-term repositioning and long-term cash flow. Located near public transportation, major highways, parks, shops, and dining. All offers must be accompanied by a proof of funding. Current Gross Income: $6,150/mo from 3 occupied units (all Tenants-at-Will). Delivered with Unit 4 (Owner's Unit) VACANT upon conveyance. Fair market rental income will easily bring total monthly up $8800.
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Listing provided by Kim Mulligan, Realty Direct Somerville
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