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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.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number 4210223

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1910

Exterior

  • RoofRubber

Tax Information

  • Tax Year 2022
  • Taxes$7,776

Location

  • Building Number102
  • CountyEssex
  • StateMA
  • StreetOxford Street
  • TownLawrence
  • Zip01841

Amenities

  • Other AmenitiesFireplace

Other

  • Date Listed02/09/2022
  • Farm Land Area Units Square Feet
  • View Count2

Rooms

  • Bathroom3

Basic Information

  • List Price$1,199,900
  • MLS Number72940881
  • Modification Date02/12/2022

Property

  • Acreage0.27

Property Information

  • Living Area 8,676
  • Lot Size Square Feet 11,761
  • Lot Size Units Acres
  • Square Feet8,676

Map Location

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Listed by George Silva of EMPIRE?

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