1 / 35
34 more photos
SOLD 11/10/2021

52 Olive Ave, Lawrence, MA 01841$660,000

9
beds
3
baths
4752
ft2
· 5700
ft2 lot
$139 / ft2

Listing provided courtesy of Listing Broker: Richard Hupper, Highlandview Realty
Source MLS PIN;
Loading...
Large 3 family triple decker close to route 93 and Methuen. Property has been well maintained. Long term tenants with great rental income. Perfect place to invest, cash flow and have minimal on going management headaches. Each unit is heated by steam fired by gas. Gas fired hot water. Tenants pay gas and electric. Each unit is 3 beds 1 full bath, galley style kitchen, with dining room family room and living rooms. Laundry for each unit and storage in large basement. Two common stair ways on the front and side of the building with a front and rear deck for each unit. Small lot size requires little exterior maintenance. Property being sold as is with current tenants in place. Showings deferred until open houses. Private showings available upon request September 13th-15th

HOA

$—/month

On market

7 days

Year built

1920

Property type

3 Family

Parking

MLS

72891640

Price / Sq.Ft.

$139 / ft2

Status

Sold

Home details for 52 Olive Ave

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Dining Room, Kitchen, Family Room, Living Room, Dining Room, Kitchen, Family Room, Living Room, Dining Room, Kitchen, Family Room
•   
Common Rooms: Laundry, Mudroom
•   
Total Levels: 3, 6, 3
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Levels Unit 3: 3, 1
•   
Total Rooms Unit 1: 7
•   
Total Rooms Unit 2: 7
•   
Total Rooms Unit 3: 7
•   
Total Rooms: 21, 21, 21
Heating & Cooling
•   
Heating Units: 3
•   
Heating Description Unit 1: Steam, Gas
•   
Cooling Descr 1: Window AC
•   
Cooling Descr 2: Window AC
•   
Cooling Descr 3: Window AC
•   
Heating Zones: 3
•   
Heating Description Unit2: Steam, Gas
•   
Heating Description Unit3: Steam, Gas
Appliances
•   
Hot Water: Natural Gas
•   
Unit 3 Appliances: Range, Microwave, Refrigerator
•   
Unit 2 Appliances: Range, Microwave, Refrigerator
•   
Unit 1 Appliances: Range, Microwave, Refrigerator
Interior Features
•   
Utility Description: Water, Water, Water
Bedrooms Info
•   
Total Beds: 9
•   
Unit 3 Beds: 3
•   
Unit 2 Beds: 3
•   
Unit 1 Beds: 3
Bathrooms Info
•   
Full Baths: 3, 3
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 3
Property Type
•   
Property Type: 3 Family
•   
Mls Prop Type: 3 Family
•   
Mls Property Type: Multi-family
Lot Info
•   
Zoning: R2
•   
Lot Description: Gentle Slope
•   
Acres: 0.13
Exterior Features
•   
Building Exterior Details: Asbestos, Porch, Deck
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Fieldstone, Granite
•   
Roof: Rubber
•   
Year Built Description: Actual
•   
Water/Sewer Built: 1150
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Full
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: 1150, City/Town Sewer
Utilities
•   
Electric: 180
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 3320302
•   
Oh Flag: 1
•   
Status: Sold
Lease Info
•   
Gross Revenue: 2189
•   
Gross Income: 45600
•   
Net Operating Income: 45600
•   
Monthly Rent Unit 1: 1275
•   
Monthly Rent Unit 2: 1375
•   
Monthly Rent Unit 3: 1150
Financial Info
•   
Fin Code: FHA
•   
Finances Source: Owner Provided
•   
Apod Available
Listing Details
•   
Disclosures: see attached. Long term tenants at will. None want to leave. Property will delivered as is at closing with all tenants and leases.
•   
Dislcosures
Tax/Assessment Info
•   
Tax Year: 2021
•   
Assessed Value: 462700.00
•   
Taxes: 5677.33
Listing Contacts
•   
Selling Agent: TM328485
School Neighborhood & Directions
Location
•   
Street Number: 52-54
•   
Map Book: 14715
•   
Map Page: 191
•   
Directions: Google Maps
Other
Other
•   
Main So: G95022
Calculation
•   
Price Per Sqft: 138.89
•   
List Price Per Sqft: 124.16
•   
Sold Price Per Sqft: 138.89
•   
Cdom Property: 7
•   
Cdom Broker: 7
•   
Cdom: 7

Neighborhood snapshot

11
Properties for sale
18
Median days on market
$215.16
Median sold price/sqft
104.64%
Sold/List %
walk-icon}

walk score® :

transit-icon}

transit score® :

bike-icon}

bike score® :

Property History for 52 Olive Ave

11/10/2021
11/10/2021
MLS PIN #72891640
sold
MLS PIN #72891640
$660,000
+11.86%
09/15/2021
09/15/2021
MLS PIN #72891640
pending
MLS PIN #72891640
$590,000
09/08/2021
09/08/2021
MLS PIN #72891640
active
MLS PIN #72891640
$590,000
+49.37%
07/21/2016
07/21/2016
MLS PIN #72011600
sold
MLS PIN #72011600
$395,000

Similar homes

street view

$629,9009 Elm StLawrence, MA 01841

9 bed
3 bath
4770
 ft²
 · 
2600
 ft²  lot
Services
BrokerageMortgageTitle & Escrow
Get the Flyhomes app
IOSAndroid
Equal Housing Opportunity
By searching, you agree to the Terms of Use, Privacy Policy and California Privacy Notice. California DRE #02012110; Flyhomes Mortgage, LLC: NMLS #1733272
TREC: Info about Brokerage Services, Consumer Protection Notice, Texas Mortgage Company Compliant/Recovery Fund Notice
Real estate brokerage and mortgage licenses

1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.

Flyhomes is registered trademark of Flyhomes, Inc.
Flyhomes © 2022