Great opportunity for owner-occupied or investors to own an updated 3-family home in Prospect Hill on the Methuen Line. Each unit is estimated to rent for $2,200+! Unit 3 has been completely renovated to the studs. Each unit features hardwood floors, and spacious/sunny rooms, with a dining area and sunroom. Private front & back porches. Brand new appliances and lighting. Coin-op laundry is available on-site. The seller currently lives in the first-floor unit. Please allow 48 hours for the Seller to respond to all offers. All offers are to have a Preapproval letter or proof of funds and a copy of the check.
This home has been viewed 35 times
Last Checked: May 7th, 2024 at 1:01am (Source: MLS PIN #73055869)
Gross Income: $0
Gross Expenses: $5,000
Net Income Calc: $5,000
CAP Rate: -0.67%
Annual Expenses for 2 Conduit, Lawrence MA 01841
Total Gross Expenses (Calculated)$5,000/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,000.42
Annual Income & Unit Breakdown for 2 Conduit, Lawrence MA 01841
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent Includes
General Information for 2 Conduit, Lawrence MA 01841
Listing ID73055869
Property TypeMulti Family / 3 Family
Price$745,000 ($187.99/SqFt)
Style3 Family - 3 Units Up/down
CityLawrence
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,963 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking3
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame, Stone
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 2 Conduit, Lawrence MA 01841
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 2 Conduit, Lawrence MA 01841
Real Estate Taxes$5,000.42
Tax Year2022
Assessed Value$437,100
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.67%
Location Information for 2 Conduit, Lawrence MA 01841
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Public Transportation, Sidewalks
Contact Information for 2 Conduit, Lawrence MA 01841