Place Lane Condominium 381 Place Ln, Woburn, MA 01801
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$949,000
2 Beds
3 Baths
3090 SQFT
8.70 Acre
$965 HOA

Property Description

RARE INVESTMENT OPPORTUNITY!! This is your chance to own a unique investment unit WITHOUT the headache's of exterior maintenance! This condominium unit provides two separated one bedroom units under the same deed. A great opportunity for those looking to invest! Unit 381 has just been extensively renovated, with all new kitchen and bathroom fixtures and appliances, floors, heating and hot water systems, and electrical. A great unit to owner occupy or rent at the high end of the market. Unit 481 includes 2 full bathrooms and has been rented by the same tenant for the past 20 years, who takes extreme pride in maintaining the unit. Don't miss your chance to grow your real estate portfolio and have two units for the price of one!

Property Details tap to expand

Amenities

  • Association Fee Includes: Clubroom, Elevator, Exterior Maintenance, Extra Storage, Garden Area, Landscaping, Master Insurance, Recreational Facilities, Reserve Funds, Road Maintenance, Security, Sewer, Snow Removal, Swimming Pool, Tennis Court, Water

Kitchen, Dining, and Appliances

  • Countertops - Stone/Granite/Solid, Flooring - Hardwood, Open Floor Plan, Recessed Lighting, Remodeled, Stainless Steel Appliances
  • Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Dining Room Level: Third Floor
  • Dining Room Features: Flooring - Hardwood, Recessed Lighting, Remodeled

Bathrooms

  • Full Baths: 3
  • Bathroom 1 Level: Third Floor
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Countertops - Stone/Granite/Solid, Flooring - Hardwood
  • Bathroom 2 Level: Fourth Floor
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Bathroom 3 Level: Fourth Floor
  • Bathroom 3 Features: Bathroom - Full, Bathroom - With Tub & Shower

Bedrooms

  • Bedrooms: 2
  • Master Bedroom Level: Third Floor
  • Master Bedroom Features: Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood
  • Bedroom 2 Level: Fourth Floor
  • Master Bedroom Features: Bathroom - Full, Closet - Walk-in, Flooring - Wall to Wall Carpet

Other Rooms

  • Total Rooms: 5
  • Living Room Level: Third Floor
  • Living Room Features: Flooring - Hardwood, Open Floor Plan, Recessed Lighting, Remodeled
  • Family Room Level: Third Floor
  • Family Room Features: Ceiling - Vaulted, Flooring - Hardwood, Open Floor Plan, Recessed Lighting, Remodeled

Utilities

  • Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Heat Zones: 2
  • Cooling: Central Air
  • Cooling Zones: 2
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit Features

  • Square Feet: 3090
  • Unit Building: 381
  • Unit Level: 3
  • Unit Placement: Upper
  • Interior Features: Central Vacuum, Intercom
  • Security: Intercom
  • Floors: 2
  • Pets Allowed: No
  • Laundry Features: In Unit
  • Accessability Features: Yes

Condo Complex Information

  • Condo Name: Place Lane Condominium
  • Condo Type: Condo
  • Complex Complete: Yes
  • Number of Units: 147
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $965
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 1986
  • Style: , Garrison, Mid-Rise, Other (See Remarks), Split Entry, Townhouse
  • Construction Type: Brick
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile, Wall to Wall Carpet
  • Lead Paint: None
  • Warranty: No

Garage & Parking

  • Garage Parking: Assigned, Under
  • Garage Spaces: 1
  • Parking Features: 1-10 Spaces, Assigned, Garage, Off-Street
  • Parking Spaces: 1

Exterior & Grounds

  • Exterior Features: Garden Area, Professional Landscaping, Tennis Court
  • Pool: Yes
  • Pool Features: Inground

Other Information

  • MLS ID# 73337740
  • Last Updated: 02/28/25
  • Documents on File: Aerial Photo, Legal Description, Master Deed, Perc Test, Site Plan, Unit Deed

Property History tap to expand

Date Event Price Price/Sq Ft Source
02/28/2025Active$949,000$307MLSPIN
02/24/2025New$949,000$307MLSPIN

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Seller's Representative: Jonathan Braese, Century 21 North East
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-02-28 03:05:00