Springfield Street Portfolio

  • Title

    Multifamily Property

  • City

    Lawrence, MA

  • Price

    $2,450,000

  • Cap Rate

    8.3%

  • Gross Leasable Area

    20,650 SF

  • No. Units

    26

  • Price/Unit

    $94,231

  • No. Stories

    3

  • Year Built

    1900

  • Lot Size

    .44 AC

Not found amenities.

Northeast Private Client Group is pleased to present Springfield Street Portfolio located on 56-58 Springfield Street and 35-39 Foster Street in Lawrence, MA.

56-58 Springfield Street is a multifamily building comprised of twelve (12) one bedroom apartments. This property has ample off street parking for up to 15 vehicles in a fenced in lot.

35-39 Foster Street is comprised of three buildings located on one parcel. The first building is a six (6) unit building, comprised of three all three bedroom apartments. The second building on the corner is also a six (6) unit building comprised of four (4) two bedroom apartments and two (2) three bedroom apartments. The final building is a two family dwelling comprised of a three bedroom and a four bedroom apartment.

Lawrence is a city located in Essex County off the Merrimack River. The city has a population of approximately 100,000 residents with an annual growth rate of 1.2%.

Springfield Street Portfolio