Two newly renovated "Turnkey" duplexes on a subdivided lot now available! Cash cow collecting over $111,000 in gross rents!! New siding, new roof, new windows, new plumbing, new tankless HW heating, new electrical and solar panels for extra savings on utility costs. Fully renovated and insulated. Besides not having to worry about major mechanical issues, the interior has been remodeled with an open concept living inclusive of new kitchens and baths with soft close kitchen cabinets, new SS appliance packages, and in unit laundry hookups. Near the Methuen line with easy access for commuters to highways - 213, 93 and 495 to many amenities such as the Loop for shopping and dining, as well as tax free New Hampshire. This beautiful turnkey property is truly a must see. Showings start at the open house on Saturday 1/7 from 1-3PM
This home has been viewed 34 times
Last Checked: May 7th, 2024 at 1:01am (Source: MLS PIN #73067034)
Gross Income: $111,600
Gross Expenses: $8,994
Net Income Calc: $102,606
Annual Expenses for 41-43 Chelmsford St, Lawrence MA 01841
Total Gross Expenses (Calculated)$8,994/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8994
Annual Income & Unit Breakdown for 41-43 Chelmsford St, Lawrence MA 01841
Total Gross Income (Calculated)$111,600
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 41-43 Chelmsford St, Lawrence MA 01841
Listing ID73067034
Property TypeMulti Family / 4 Family
Price1299900 ($519.96/SqFt)
Style4 Family
CityLawrence
CountyEssex
Neighborhood(s)
Approximate Living Area Total2500
Approximate Lot Size (Acres)0.13
Total Parking7
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR3
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 41-43 Chelmsford St, Lawrence MA 01841
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
ExclusionsPersonal 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 Compensation1
Compensation Based OnNet Sale Price
Financial Information for 41-43 Chelmsford St, Lawrence MA 01841
Real Estate Taxes8994
Tax Year2022
Assessed Value$786,200
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 41-43 Chelmsford St, Lawrence MA 01841
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 41-43 Chelmsford St, Lawrence MA 01841