85B Newbury Street, Lawrence MA
85B Newbury St
$499,000
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$499,000

Est. Mortgage: $2,374 / mo  (Mortgage)

85B Newbury St Lawrence, MA 01840

  • Status: For Sale
  • 8 full Bathrooms
  • Multi-Family Home
  • Built in 1920
  • 40 Days on Trulia

Home Details for 85B Newbury St


40 Days on Trulia
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85B Newbury St 8 unit building. All tenants recently evicted and entire building being cleaned to proceed with acquiring new quality tenants. All units will be rent ready to meet section 8 standards. Currently five units rented with four rents of $1,069 and one $884. Six units are remodeled. with the other two currently being worked on. We are proceeding with getting all units ready for occupancy Once all units are completed and rented, income should be $8.264 a month or $99,168/year. Delead certificates for all 8 units. Gas heat and hot water, vinyl sided. updated electric and plumbing, 5 yr old rubb...er roof, brand new rear porches. Separate Utilities paid by tenants. Tile and vinyl flooring, 5 off street parking spaces. Plenty of on street parking. SELLER IS FLEXIBLE ON PRICE WHILE UNITS ARE STILL BEING REFURBISHED AND RENTED UP.
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Features for 85B Newbury St

Information last updated on 12/20/2014 12:00 AM:
    • Price: $499,000
    • 8 full Bathrooms
    • Multi-Family
    • Status: For Sale
    • Built in 1920
    • MLS/Source ID: 71728308
    • Zip: 01840

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Monthly mortgage for 85B Newbury St

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Real Estate Trends in 01840


Listing price for 85B Newbury St $499,000  
Average listing price for similar homes $250,300 50% below listing price
Average listing price for all homes in 01840 $193,000 159% below listing price

Estimates around 85B Newbury St


$1,099,500
4 br / 2 ba
Single-Family Home
OPEN HOUSE Sun Oct 16, 2pm to 4pm
  • Home Estimates for 85B Newbury St

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