Do not miss this great opportunity to invest in a 6 unit building that can be your cash cow. Property is located close to downtown Lawrence and close to I495 and I93. Each unit has 3 bedrooms and 1 bath and a few have been upgraded. All tenants pay their own utilities. All units have letters of compliance regarding lead paint. If you own this property today, you could have great potential to start making profit.
Multi-familyProperty Type
1920Year Built
4,874 sq ftLot Size
$78Price/Sq.Ft.
Listed by DNA Realty Group• Keller Williams Realty
Immaculate 6-unit investment opportunity in a fantastic location just minutes to major routes and downtown Lawrence. Each unit has three bedrooms, one bath, kitchen with range and refrigerator and living room. Tenants pay their own utilities! This building has been professionally maintained and is in great condition. All units have a letter of compliance regarding lead paint. Nothing to do but collect the rents. A truly turnkey investment property.
Public Records
Dec 17, 2003
Sold
$420,000
$43/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$8,135 (−15.4%)
$95,600 + $705,100
$800,700
2022
$9,612 (+2.2%)
$95,600 + $744,600
$840,200
2021
$9,403 (+6.2%)
$95,600 + $670,700
$766,300
2020
$8,853 (+7.6%)
$86,000 + $626,200
$712,200
2019
$8,227 (+5.4%)
$77,300 + $524,100
$601,400
2018
$7,806 (+7.6%)
$66,500 + $478,600
$545,100
2017
$7,253 (+11.6%)
$65,700 + $407,100
$472,800
2016
$6,502 (+9.8%)
$47,900 + $371,300
$419,200
2015
$5,924 (−7.7%)
$47,900 + $343,900
$391,800
2014
$6,417 (+13.2%)
$46,500 + $364,600
$411,100
2013
$5,669 (+12.9%)
$46,500 + $329,400
$375,900
2012
$5,020 (+12.4%)
$63,200 + $288,100
$351,300
2011
$4,467
$56,500 + $275,600
$332,100
2010
$4,467 (−6.3%)
$56,500 + $275,600
$332,100
2009
$4,768
$82,700 + $362,900
$445,600
Tax history for 65 Berkeley St
Year
Property tax
Land + Additions
Assessment*
2023
$8,135 (−15.4%)
$95,600 + $705,100
$800,700
2022
$9,612 (+2.2%)
$95,600 + $744,600
$840,200
2021
$9,403 (+6.2%)
$95,600 + $670,700
$766,300
2020
$8,853 (+7.6%)
$86,000 + $626,200
$712,200
2019
$8,227 (+5.4%)
$77,300 + $524,100
$601,400
2018
$7,806 (+7.6%)
$66,500 + $478,600
$545,100
2017
$7,253 (+11.6%)
$65,700 + $407,100
$472,800
2016
$6,502 (+9.8%)
$47,900 + $371,300
$419,200
2015
$5,924 (−7.7%)
$47,900 + $343,900
$391,800
2014
$6,417 (+13.2%)
$46,500 + $364,600
$411,100
2013
$5,669 (+12.9%)
$46,500 + $329,400
$375,900
2012
$5,020 (+12.4%)
$63,200 + $288,100
$351,300
2011
$4,467
$56,500 + $275,600
$332,100
2010
$4,467 (−6.3%)
$56,500 + $275,600
$332,100
2009
$4,768
$82,700 + $362,900
$445,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
8
Baths
6
Stories
3
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
876
Year built
1920
Style
Multi-Family (5+ Unit)
County
Essex County
APN
4204724
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
B-2
Secondary Business District
To permit moderate intensity commercial uses at a medium density; to provide larger establishments for goods and services oriented to local and regional clientele; and to ensure compatibility of all uses within the district.
Permitted uses
Include but are not limited to:
Bank
Convenience store
Day care facility
Laundromat
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Office
Shopping centers
Apr 1, 2022 • Active
Plumbing
Bathroom
Kitchen
Plumbing
Mar 4, 2022 • Active
Building
Perform a complete remodeling of the property.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Has Open Parking
Parking Features: Paved Drive
Interior
Bathroom Information
# of Bathrooms (Full): 6
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 30
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: Y
Exterior
Building Information
Building Area (Total): 9,672
Foundation Details: Stone
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Property Information
PropertySubType: 5-9 Family
Lot Information
Lot Size (Acres): 0.11
Financial
Tax Information
Tax Annual Amount: $7,806
Tax Year: 2018
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Heating Units: 5
Location
Location Information
Directions: Off of Jackson Street
UnparsedAddress: 65 Berkeley Street, Lawrence MA 01841
Community Information
Senior CommunityYN: No
Public facts
Beds: 8
Baths: 6.0
Sq. Ft.: 876
Stories: 3.0
Lot Size: 4,792 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1920
Year Renovated: —
County: Essex County
APN: 4204724
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Rollins Early Childhood Center
Public PreK-K • Assigned • 0.6mi
Up Academy Leonard Middle School
Public 6-8 • Assigned • 0.7mi
4/10
Lawrence High School
Public 9-12 • Assigned • 2.1mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Lawrence, MA • 01841
Average low and high temperatures (°F)
33
18
35
19
51
31
60
39
69
50
81
60
85
65
81
59
75
55
64
44
52
35
38
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.