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265 Essex St 1 Unit Apartment Building $3,431,200 CAD ($3,431,200 CAD/Unit) Lawrence, MA 01840
Investment Highlights
- 7-Unit; 1 Retail 6-Residential
- 2020 Renovation
- Tenant Paid Utilities
- All Two Bedroom Layouts
- Fully Sprinklered
Executive Summary
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.
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.
Data Room Click Here to Access
Property Facts
| Price | $3,431,200 CAD | Building Class | C |
| Price Per Unit | $3,431,200 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 7,175 SF |
| No. Units | 1 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise |
| Price | $3,431,200 CAD |
| Price Per Unit | $3,431,200 CAD |
| Sale Type | Investment |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 7,175 SF |
| No. Stories | 4 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
1 1
Exceptionally walkable
100/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | LAWR-000126-000000-000029 | Improvements Assessment | $982,696 CAD |
| Land Assessment | $204,225 CAD | Total Assessment | $1,186,921 CAD |
Property Taxes
Parcel Number
LAWR-000126-000000-000029
Land Assessment
$204,225 CAD
Improvements Assessment
$982,696 CAD
Total Assessment
$1,186,921 CAD
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265 Essex St
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