Wonderful opportunity to own a 3-unit property in Lawrence with great income potential. Property features 6 bedrooms, 3 bathrooms, a driveway that fits 4+ cars and much more! 3 new boilers, water heaters and new roof in 2017. All 3 units have been renovated in the past 5-years; 3rd floor was renovated recently. Conveniently located near shopping, restaurants, schools and tons of local convenient amenities. This is a great opportunity for investors. NO SHOWINGS UNTIL OPEN HOUSE
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Last Checked: May 7th, 2024 at 12:46am (Source: MLS PIN #73069754)
Gross Income: $0
Gross Expenses: $5,546
Net Income Calc: $5,546
Water Views
Annual Expenses for 185 Willow St, Lawrence MA 01841
Total Gross Expenses (Calculated)$5,546/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4696
Annual Income & Unit Breakdown for 185 Willow St, Lawrence MA 01841
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit3
Rent IncludesHeat
General Information for 185 Willow St, Lawrence MA 01841
Listing ID73069754
Property TypeMulti Family / 3 Family
Price650000 ($243.99/SqFt)
Style3 Family
CityLawrence
CountyEssex
MLS AreaNorth Lawrence
Neighborhood(s)
Approximate Living Area Total2664
Approximate Lot Size (Acres)0.07
Total Parking4
Garage Parking0
Year Built1925
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
Zoningres
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 185 Willow St, Lawrence MA 01841
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings
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 Compensation2%
Compensation Based OnNet Sale Price
Financial Information for 185 Willow St, Lawrence MA 01841
Real Estate Taxes4696
Tax Year2022
Assessed Value$410,500
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 185 Willow St, Lawrence MA 01841
Neighborhood(s)
MLS AreaNorth Lawrence
Area AmenitiesWalk/jog Trails
Contact Information for 185 Willow St, Lawrence MA 01841