Property Details
Basic Information
- Property SubType: Multi Family
- MLS Number: 73461451
- Mls Status: Under Agreement
- List Price: $649,900
- Date Listed: 12/10/2025
- Units: 2
- Description: 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.
Building
- Acreage: 0.15
- Square Feet: 3,208
- Year Built: 2010
- Zoning: R2
- Stories: 4
- Rooms: 12
- Roof: Shingle
- Foundation: Concrete Perimeter, Slab
Location
- County: Essex
- Town: Lawrence
Finance
- Taxes: $5,571
Interior Features
Bedrooms
- Bedrooms: 5
Bathrooms
- Bathrooms: 5
- Full Baths: 4
- Half Baths: 1
Community
Amenities
- Amenities: Public Transportation, Shopping, Pool, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station