Attention 203(k) buyer — a savvy homebuyer or owner-occupant ready to take advantage of an affordable down payment (3.5% down) and convert this promising property into a beautiful two-family home. Located at 31 Garfield Street, recently subdivided from the original dual-building parcel (formerly Buildings 31 & 33). Built in 2010 and well maintained, the structure is in very good shape, and strong “bones.” Zoning Board approval already secured for redevelopment into a two-family dwelling — plus a spacious garage with potential for expansion. Imagine two residential units plus a large garage suitable for a home-shop or protected tandem parking for two cars. Off-street parking is abundant. For contractors, owner-occupants, or those looking to add value, this is a rare opportunity. With the right vision and a 203(k) rehab loan to bundle purchase + renovation — this unit offers remarkable upside. Reach out to schedule a walkthrough and explore the possibilities for this value add gem.
- Disclosure
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- R2
- Orig Price:
- $649,900
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Lawrence
- State:
- MA
- County:
- Essex
- Postal Code:
- 01843
- Longitude:
- W72° 50' 36''
- Latitude:
- N42° 41' 33.9''
Commercial Sale
31 Garfield, Lawrence, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $649,900
- Year Built :
- 2010
- Lot Area :
- 0.15 Acre
- Listing ID :
- 73489575
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com