Rare opportunity to acquire this free standing asset in the heart of the city. This is a value add opportunity which has continuously demonstrated a tremendous amount of cash flow over the years. The Ladder House presently provides sober housing for male inmates returning to the Lawrence area .The Essex County Sheriffs Department is responsible for the required transport and supervision. The property presently holds up to 26 inmates at any given time. The entire first floor can be outfitted with additional rooms to further increase the cash flow. The structure also lends itself to a wide variety of uses. Financials are available upon request.
Property Details
Price:
$1,199,900
MLS #:
73029813
Status:
Active
Beds:
0
Baths:
6
Address:
102 Oxford Street
Type:
Commercial
City:
Lawrence
Listed Date:
Aug 26, 2022
State:
MA
Finished Sq Ft:
4,338
ZIP:
01841
Subdivision:
Lot Size:
11,800 sqft / 0.27 acres (approx)
Year Built:
1910
Schools
Interior
Exterior
Financial
Buyer Agent Compensation
2.0%
Tax Year
2022
Taxes
$7,777
Map
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Courtesy of EMPIRE™. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
102 Oxford Street
Lawrence, MA
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