265 Essex St - Apartments FOR SALE


Lawrence, MA 01840- Downtown Lawrence
$2,500,000 USD
857-990-6802
265 Essex St, Lawrence, MA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

265 Essex St
Lawrence, MA 01840
Downtown Lawrence


HIGHLIGHTS

  • 7-Unit; 1 Retail 6-Residential
  • All Two Bedroom Layouts
  • 2020 Renovation
  • Fully Sprinklered
  • Tenant Paid Utilities

OVERVIEW

Northeast Private Client Group is pleased to present 265 Essex Street in Lawrence, Massachusetts. This newly renovated mixed-use property consists of 1 retail unit and 6 residential units spread across 4 floors. Tenants are responsible for their own utilities. This building was gut rehabbed in 2020 with new electrical, plumbing, heating systems, etc. The building is fully sprinklered and has coin op laundry for the tenants. The new owner has a chance to step into a stabilized asset with minimal differed maintenance in a high demand area.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$183 USD /SF

# OF UNITS

1

PRICE/UNIT

$2,500,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

-

APN/PARCEL ID

LAWR-000126-000000-000029

ASK ABOUT THIS PROPERTY

Drew KirklandNortheast Private Client GroupMore Info
857-990-6802

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Drew KirklandNortheast Private Client GroupMore Info
857-990-6802

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.