Broadway and Bradford Lodging Multi-Family FOR SALE


Lawrence, MA - North Common
$1,950,000 USD
203-692-2420
, Lawrence, MA for Sale
$1,950,000 USD
Multi-Family - FOR SALE
1/9
null | 10.36% Cap Rate

Broadway and Bradford Lodging
Lawrence, MA
North Common


HIGHLIGHTS

  • 28 Rooms and Studios
  • 8.5 Total Bathrooms
  • Recent Mechanical and Exterior Upgrades
  • Renovated Unit Interiors
  • In-Place Management

OVERVIEW

Northeast Private Client Group is pleased to present the Bradford and Broadway Lodging portfolio consisting of 28 rooms and studios across two properties. 53 Bradford Street has 15 rooms and 2 studio apartments. The studio apartments have private bathrooms with 2.5 shared baths for the rooms. The property features coin-op laundry and 13 of the 17 units have been renovated. It also has a new roof and heating system. 257 Broadway has (1) one-bedroom apartment and 10 rooms. The apartment has a private bathroom with 3 shared baths for rooms. 10 of the 11 units have been renovated and the property features a new roof, insulation, boilers, and electrical. Both properties have in-place management that can remain for a new owner at the advertised property management fee.

ASK ABOUT THIS PROPERTY

Edward JordanNortheast Private Client GroupMore Info
203-692-2420

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Edward JordanNortheast Private Client GroupMore Info
203-692-2420

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