Investors & owner occupied take notice! Well maintained 6 family home with nothing to do!!! Great location with easy highway access!!! This property features 2 spacious 2/3 bedroom apartments (Vacant at closing=Market Rents). 3 (1) bedroom apartments, 1 studio and a finished basement. All units on separate systems that have been recently replaced: New boilers, New water tanks and New electrical system! This property offers 4,722 SqFt of living space, with a total of 9 bedroom, 7 bathrooms, finished basement and 6 detached garages spaces, that can be rented for extra income. Rents are below market, but with month to month tenants. Group showing Tuesday July 26th 5:00pm to 7:00pm.
This home has been viewed 61 times
Last Checked: May 7th, 2024 at 12:10am (Source: MLS PIN #73015398)
Gross Income: $62,400
Gross Expenses: $6,957
Net Income Calc: $55,443
Annual Expenses for 81 Farley Street, Lawrence MA 01843
Total Gross Expenses (Calculated)$6,957/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6957.81
Annual Income & Unit Breakdown for 81 Farley Street, Lawrence MA 01843
Total Gross Income (Calculated)$62,400
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 81 Farley Street, Lawrence MA 01843
Listing ID73015398
Property TypeMulti Family / 5+ Family
Price979900 ($207.52/SqFt)
Style5-9 Family
CityLawrence
CountyEssex
Neighborhood(s)
Approximate Living Area Total4722
Approximate Lot Size (Acres)0.16
Total Parking12 (6 Garage)
Garage Parking6
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 81 Farley Street, Lawrence MA 01843
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation0%
Compensation Based OnNet Sale Price
Financial Information for 81 Farley Street, Lawrence MA 01843
Real Estate Taxes6957.81
Tax Year2022
Assessed Value$608,200
Financial Data SourceEstimated
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 81 Farley Street, Lawrence MA 01843
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 81 Farley Street, Lawrence MA 01843