142-144 Chester St new Save Request In-Person Tour Request Virtual Tour
Lawrence,MA 01843
Key Details
Property Type Multi-Family
Sub Type 4 Family - 4 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,524 sqft
Price per Sqft $396
MLS Listing ID 73328522
Bedrooms 6
Full Baths 4
Year Built 1923
Annual Tax Amount $5,126
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Turn-key investment opportunity at 142-144 Chester St, Lawrence! This 4-unit multi-family property features 6 bedrooms, 4 bathrooms, and 4 additional income-generating spaces, bringing in over $13,200 in monthly rents. Completely equipped for steady cash flow, this property includes 8 parking spaces, solar panels to reduce electricity costs ($90/month lease), and recent upgrades to electrical systems and plumbing. The unfinished attic provides potential for an additional unit. Long-term tenants (10+ years) ensure stability, and the property's prime location is close to major roadways, schools, shopping, and amenities. With separately metered gas, and low monthly maintenance, this property is an ideal investment for seasoned investors or owner-occupants looking to maximize ROI. Don't miss your chance to own a high-performing income-generating property in a desirable location. Open House: Friday 5-6:30 PM and Saturday 12-2 PM. Offers due by Monday 27 at 5:00pm.
Location
State MA
County Essex
Zoning Res
Direction Broadway to Chester
Rooms
Basement Full,Partially Finished,Interior Entry
Exterior
Garage Spaces 2.0
Fence Fenced/Enclosed
Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Laundromat,Highway Access,House of Worship,Private School,Public School
Total Parking Spaces 8
Garage Yes
Building
Lot Description Level
Story 6
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false