857 Essex StLawrence, MA 01841

  • Investment properties
  • 1,522 SF
For Sale
$359,900 View listing

Property Details for 857 Essex St

Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.02 AC
Property size (Sq ft)
1,522 SF
Property type
Investment properties
Property subtype
Live-work space
APN
LAWR M:0186 B:0000 L:0062
APU
LAWRM0186B0000L0062

Description

This exceptional 0-acre lot, located at 857 Essex Street in Lawrence, Massachusetts, presents a unique investment opportunity. Priced competitively at $359,900, this property offers significant potential for redevelopment or expansion. The property's "Other" designation suggests versatility in its potential use, allowing for a wide range of development possibilities depending on local zoning regulations and permits. Given its location in Lawrence, MA, the property benefits from access to the city's infrastructure and amenities. Further investigation into the specific zoning regulations and permitted uses for the lot is highly recommended for prospective buyers. Due diligence should include a thorough review of all applicable building codes, environmental assessments, and any potential restrictions on the property. The absence of square footage information underscores the need for on-site inspection to determine the exact dimensions and potential buildable area. Prospective buyers are encouraged to conduct their own independent research and due diligence to fully assess the property's suitability for their intended purpose. This property is being sold "as is," and the buyer assumes all responsibility for conducting necessary inspections and obtaining all required permits and approvals. The lack of existing structures presents a blank canvas for creative development, making this an attractive proposition for those seeking a project with significant upside potential. Serious inquiries only.

Location Insight

City
Lawrence
County
Essex
State
Massachusetts
Latitude
42.7019
Longitude
-71.1765
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
-
$81,400
$168,900
$250,300
-
-
-
-

FAQs

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