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    2-14 Lansdowne Ct Lawrence, MA 01841

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    For Sale
    $2,200,000

    Eight-unit building with upgrades, long-term tenants, and income potential.

    Lot size:
    0.18 Acres

    Property Features for 2-14 Lansdowne Ct

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1930

    Source: Empire Real Estate Agent Angel Boria

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Meticulously Maintained Multifamily Building

    This meticulously maintained eight-unit multifamily building presents a valuable opportunity. The property has undergone numerous upgrades and improvements. It is fully rented with long-term tenants. Rents are slightly below market average, suggesting potential for increased income. The building features separate utilities, a newer roof, and is designed for low maintenance.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1775408
    Latitude
    42.7018596

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit building with upgrades, long-term tenants, and income potential.
    Where is this apartment building located?
    The property is located at 2-14 Lansdowne Ct Lawrence, MA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Meticulously maintained 8 unit building.; - Fully rented with good long term tenants.; - Rents are slightly below market, providing greater income potential.
    (978) 885-6228
    Request Owner's contact information
    2-14 Lansdowne Ct Lawrence, MA 01841
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2-14 Lansdowne Ct Lawrence, MA 01841
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