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89 Newbury St, Lawrence, MA 01840

  • $1,249,999

  • 4

    bed

  • 4

    bath

  • 3,114

    Sqft ($401/Sqft)

Multi-family for sale 262 days
$100K price drop
Movoto is helping 43 homebuyers near you

About 89 Newbury St

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Movoto estimate
Property description
Cash Cow! 4 unit Mixed -use well maintained. High traffic corner. This is a great opportunity to own & occupy with the potential to collect rents and potential to run your own business. Separate utilities. Seller's Unit 3 is interested in remaining in the unit for 5 years at a mutually agreed upon monthly rent. Successful convenience store Unit 4 is Tenant occupied. Inventory, Equipment, & trade fixtures in Convenience store are NOT included in the property sale. 1st Floor unit is easy to show.
Listed by
Listing Agent - Giuseppina Russo
Listing Office - CRG
Source: MLS Property Information Network, Inc. mls logo
MLS#73410270 • last updated 2 weeks ago
Movoto checked MLS Property Information Network, Inc. for data 6 minutes ago
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Overview
Heating Baseboard, Natural Gas
Levels/Style 4, 4
MLS # 73410270
Type Residential Income
Status Active
SubType 4 Family - 4 Units Up/Down
SqFt 3114
Lot Size (SqFt) 0.06
Annual Property Tax 7256.92
Year Built 1925
Interior
Total # of Bathrooms 4
# Full Baths 3
# Half Baths 1
Total # of Bedrooms 4
Basement Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
Total # of Rooms 12
Flooring Vinyl
Appliances Range, Refrigerator
Interior Features Internet Available - Broadband, Ceiling Fan(s), Bathroom With Tub & Shower, Living RM/Dining RM Combo, Living Room, Kitchen
Door Features Insulated Doors
Window Features Insulated Windows
Exterior
Foundation Stone
Roof Shingle
Construction Frame
Parking Desc Paved Drive, Off Street, Paved
# Parking Spaces 2
Exterior Features Rain Gutters
Patio/ Porch Porch, Deck - Composite
Lot Desc Corner Lot
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range, for Gas Oven, Varies Per Unit
Electricity Circuit Breakers, 100 Amp Service, Individually Metered
Water Source Public
Location
County Essex
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House Of Worship, Private School, Public School
Zoning Mixed Use
APN 4202802
Directions Rt. 110 Haverhill St > Newbury Street
Multifamily Details
Rent Includes Unit 1(Water), Unit 3(Water)
Net Operating Income 78600
Operating Expense 900
Total Actual Rent 6110
Financial Data Source Estimated, Owner, Projected
Expense: Water/ Sewer 900
Gross Income 73200
Lot/ Land Details
Road Frontage Public
Road Responsibility Public Maintained Road
Road Surface Paved
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Around North Common

Explore everything this neighborhood has to offer. Learn more about North Common.
77/100
Walk
86/100
Family
66/100
Dining
89/100
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  • Real Estate
  • MA
  • Essex County
  • Lawrence
  • 01840
  • North Common
  • 89 Newbury St

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