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About the Listing AN8612 - CN232232
This 41-unit mixed-use building consists of (3) commercial units and (38) SRO (single room occupancy) units. The property sits on 0.16 acres with 17,706 SF of living area in 24,502 gross square feet. This asset is well-maintained, featuring a new roof, a new heating system, and a state-of-the-art security system. All upgrades to the building have been completed in the past 3 years. The property is well-positioned on the south side of Lawrence and provides direct access to Boston via Interstates 93 and 495, MA Route 28, and The Lawrence Train Station with service on the MBTA’s Haverhill Line (0.6 miles). The property is walkable to local retail establishments, eateries, grocery stores, and parks. The cap rate upon acquisition is 9.30%. Seller will consider other property in trade to help accommodate a 1031 exchange.
Listing Highlights
Status
Active
Days on Site
95
Property Type
Multi-Family
MLS ®
73454121
Year Built
1900
Total Square Footage
17,706
Lot/Acreage
0.16
County
Essex
Interior Details
- Bedrooms: 38
- Bathrooms: 7 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: B2
- Roof: Rubber
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $26,240
- Taxes w/Assessments: $2,342,400
- Tax/Property ID: 4205642
- Tax Year: 2025
Payment Calculator
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Questions About..
82 S Broadway Lawrence, MA 01843
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