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$ 849,900
Est. payment /mo
Price Dropped by $50K
28 Exchange St Lawrence, MA 01841
6 Beds
2 Baths
2,334 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,334 sqft
Price per Sqft $364
MLS Listing ID 73563107
Bedrooms 6
Full Baths 2
Year Built 1969
Annual Tax Amount $4,944
Tax Year 2026
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Multi Family
Property Description
PRICE REDUCTION – NEW PRICE! Excellent opportunity for investors, developers, or owner-occupants! Constructed in 1969, this spacious duplex-style multi-family property offers approximately 2,334 sq. ft. of living space with two separate units. Each unit provides generous living accommodations, including an additional bedroom for added flexibility and functionality.Situated on a generous 9,600 sq. ft. lot, one of the property's standout features is its 15+ parking spaces, offering exceptional convenience for residents and guests.Per the City of Lawrence, the property is located in an R-3 zoning district, providing potential for three-family use, conversion, or redevelopment, subject to applicable zoning requirements, permitting, and City approval. Buyers and buyer's agents are encouraged to perform their own due diligence regarding zoning and development possibilities.With its single-story duplex-style configuration, ample parking, flexible living space, and potential for additional development, this property offers multiple possibilities—from rental income and multi-generational living to an owner-occupant living in one unit while renting the other.Now offered at a reduced price—don't miss the opportunity to explore the full potential of this versatile property!
Location
State MA
County Essex
Area North Lawrence
Zoning R-3
Direction GPS
Rooms
Basement Partial, Walk-Out Access
Interior
Heating Baseboard, Natural Gas
Cooling None
Flooring Tile
Appliance Range, Refrigerator
Exterior
Community Features Public Transportation
Utilities Available for Electric Oven
Roof Type Shingle
Total Parking Spaces 15
Garage No
Building
Story 2
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by eXp Realty LLC