Super sized three family home featuring three bedrooms (two floors currently being used as a four bedroom, all can be used as four bedrooms), parking, two car garage, in great condition. Private laundry rooms for each unit in each floor that have been recently renovated. Rents are well below market giving the new owner the opportunity to bring to market value and make more cash flow. Property is located on the Methuen line, minutes to The Loop, convenient to I495 and Route 213. Great for owner occupants as well as investors. GROUP SHOWING THURSDAY 8/11 5:30 TO 6:30PM. BUYER MUST BE ACCOMPANIED BY THEIR AGENT. NO EXCEPTIONS. Sale subject to 1031 exchange.
This home has been viewed 53 times
Last Checked: May 6th, 2024 at 11:55pm (Source: MLS PIN #73023183)
Gross Income: $49,800
Gross Expenses: $5,178
Net Income Calc: $44,622
Water Views
Annual Expenses for 351-353 Jackson St, Lawrence MA 01841
Total Gross Expenses (Calculated)$5,178/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5178
Annual Income & Unit Breakdown for 351-353 Jackson St, Lawrence MA 01841
Total Gross Income (Calculated)$49,800
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 351-353 Jackson St, Lawrence MA 01841
Listing ID73023183
Property TypeMulti Family / 3 Family
Price775000 ($186.12/SqFt)
Style3 Family
CityLawrence
CountyEssex
Neighborhood(s)
Approximate Living Area Total4164
Approximate Lot Size (Acres)0.15
Total Parking8 (2 Garage)
Garage Parking2
Year Built1910
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningUnknown
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 351-353 Jackson St, Lawrence MA 01841
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Compensation Based OnNet Sale Price
Financial Information for 351-353 Jackson St, Lawrence MA 01841
Real Estate Taxes5178
Tax Year2022
Assessed Value$452,600
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 351-353 Jackson St, Lawrence MA 01841
Neighborhood(s)
Area Amenities
Contact Information for 351-353 Jackson St, Lawrence MA 01841