GREAT OPPORTUNITY TO PURCHASE 6 UNIT MULTI FAMILY HOME, VERY GOOD DEAL FOR INVESTORS AND OTHERS .IT IS A CASH PROUDCING PROPERTY WITH POTENTIAL RENTAL INCREMENT . RUBBER ROOF IS NEWER , INSTALLED IN 2018." . BRING YOUR BUYERS AS THIS PROPERTY IS WORTH INVESTIING . ...
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Last Checked: May 7th, 2024 at 1:36am (Source: MLS PIN #73061767)
Gross Income: $70,200
Gross Expenses: $6,935
Net Income Calc: $63,265
CAP Rate: 6.33%
Annual Expenses for 115 Alder St, Lawrence MA 01841
Total Gross Expenses (Calculated)$6,935/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,935
Annual Income & Unit Breakdown for 115 Alder St, Lawrence MA 01841
Total Gross Income (Calculated)$70,200
Unit 1
Rental Income$1,500
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit3
HeatingNo
Rent Includes
Unit 2
Rental Income$1,350
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit3
HeatingNo
Rent Includes
Unit 3
Rental Income$1,500
Lease
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit3
HeatingNo
Rent Includes
Unit 4
Rental Income$1,500
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit3
HeatingNo
Rent Includes
General Information for 115 Alder St, Lawrence MA 01841
Listing ID73061767
Property TypeMulti Family / 5+ Family
Price$999,999 ($174.52/SqFt)
Style5-9 Family
CityLawrence
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total5,730 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking0
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningRES
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 115 Alder 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$105,600
Total Net Income By Broker$91,600
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 115 Alder St, Lawrence MA 01841
Real Estate Taxes$6,935
Tax Year2022
Assessed Value$606,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$105,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$91,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.33%
Location Information for 115 Alder St, Lawrence MA 01841
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 115 Alder St, Lawrence MA 01841