Listed by NorthEast Private Client Group Newton
$2,500,000
Essex Street Apartments
Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 7,175
Tenancy Multi
Year Renovated 2020
Stories 4
Lot Size (SqFt) 2,178
Investment Type Stabilized
Ground Lease No
Mixed Use | 7,175 SqFt
Marketing description
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.
Investment highlights
- 7-Unit; 1 Retail 6-Residential
- All Two Bedroom Layouts
- 2020 Renovation
- Fully Sprinklered
- Tenant Paid Utilities
Listing Contacts
Listed by NorthEast Private Client Group Newton
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