Incredibly well-kept 2-family home in Towerhill. The first unit, completely renovated, features 2 bed spacious rooms, a bathroom with a gorgeous tiled shower, and an updated sink. Kitchen with updated countertops, cabinets, and island breakfast bar. Tiled and hardwood floors...
This home has been viewed 26 times
Last Checked: May 7th, 2024 at 1:16am (Source: MLS PIN #73067605)
Gross Income: $53,400
Gross Expenses: $4,471
Net Income Calc: $48,929
CAP Rate: 7.77%
Annual Expenses for 22 Magnolia St, Lawrence MA 01841
Total Gross Expenses (Calculated)$4,471/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,471
Annual Income & Unit Breakdown for 22 Magnolia St, Lawrence MA 01841
Total Gross Income (Calculated)$53,400
Unit 1
Rental Income$2,200
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat, Unit 2(heat, Water)
Unit 2
Rental Income$2,250
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat, Unit 2(heat, Water)
General Information for 22 Magnolia St, Lawrence MA 01841
Listing ID73067605
Property TypeMulti Family
Price$629,900 ($237.97/SqFt)
StyleMulti Family
CityLawrence
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,647 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking4
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 22 Magnolia St, 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$53,400
Total Net Income By Broker$53,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 22 Magnolia St, Lawrence MA 01841
Real Estate Taxes$4,471
Tax Year2022
Assessed Value$390,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$53,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$53,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.77%
Location Information for 22 Magnolia St, Lawrence MA 01841
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 22 Magnolia St, Lawrence MA 01841