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Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type 4 Family - 4 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $223
MLS Listing ID 73503036
Sold Date 06/29/26
Bedrooms 8
Full Baths 4
Year Built 1900
Annual Tax Amount $6,524
Tax Year 2026
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type 4 Family - 4 Units Up/Down
Property Description
This 4-unit property (fourplex) featuring two 3-bedroom units (2nd/3rd floors)and two 1-bedroom units (both 1st floor)is a highly lucrative asset class because it strikes the perfect balance between excellent cash-flow potential and favorable residential financing.Properties with 1 to 4 units qualify for standard residential mortgages rather than complex commercial loans. This means better interest rates and easier approval processes. group showing will be Sunday 5/3 from 1 PM - 2 PM
Location
State MA
County Essex
Zoning res
Direction High St to Central St to Arch Ave
Rooms
Basement Full, Interior Entry, Dirt Floor, Unfinished
Interior
Heating Baseboard, Natural Gas, Unit Control
Exterior
Exterior Feature Rain Gutters
Fence Fenced
Community Features Sidewalks
Roof Type Shingle
Garage No
Building
Lot Description Gentle Sloping
Story 4
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Kayvan Tavarez • Real Broker MA, LLC
NEARBY SCHOOLS & BUSINESSES
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