Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Closed

115 Alder St, Lawrence MA 01841

$999,999

Estimated $2,199/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $166,666.50

Total Rent: 70200/year

Estimated CAP Rate:

18 Bedrooms

Baths

5730

Total Parking: 0

3,200 (0.07)

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 .

This home has been viewed 55 times

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

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 Tax6935

Annual Income & Unit Breakdown for 115 Alder St, Lawrence MA 01841

Total Gross Income (Calculated)$70,200

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit3

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit3

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit3

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit3

Rent Includes

General Information for 115 Alder St, Lawrence MA 01841

Listing ID73061767

Property TypeMulti Family / 5+ Family

Price999999 ($174.52/SqFt)

Style5-9 Family

CityLawrence

CountyEssex

Neighborhood(s)

Approximate Living Area Total5730

Approximate Lot Size (Acres)0.07

Total Parking0

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRES

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 115 Alder St, Lawrence MA 01841

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings

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 Compensation0

Compensation Based OnNet Sale Price

Financial Information for 115 Alder St, Lawrence MA 01841

Real Estate Taxes6935

Tax Year2022

Assessed Value$606,200

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 115 Alder St, Lawrence MA 01841

Neighborhood(s)

Area Amenities

Contact Information for 115 Alder St, Lawrence MA 01841

Agent

Name: Ken Eleazu

Office

Name: Town Hall Realty, Inc.

Phone: 617-288-1388

Payment Calculator

, Interest

Property Taxes 577.92

Principal & Interest 6161.68

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Town Hall Realty, Inc.

Ken Eleazu

Agent Phone

Office Phone

(617) 288-1388

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.07 acres (3,200 SqFt)
    [add_date] => 2024-05-07 01:36:00
    [address] => Alder St
    [agent] => Array
        (
            [address] => 69 Cedar Street
            [city] => Lynn
            [id] => C8000609
            [name] => Ken Eleazu
            [national_association] => 
            [office] => AC0600
            [state] => MA
            [zip] => 01905
        )

[apod_available] => Array
        (
            [0] => Yes
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 5730
    [approx_lot_size_acres] => 0.07
    [approx_lot_size_sqft] => 3200
    [assessed_value] => $606,200
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 18
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2 %
    [buyer_agent_id] => C0001514
    [buyer_office_id] => NB4206
    [c_style] => Array
        (
            [0] => 5+ Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Lawrence
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Essex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => 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 .
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Personal Belongings
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 0
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 01:36:00
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73061767
    [neighborhoods] => 
    [net_income_calc] => 63265
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 6
    [office] => Array
        (
            [id] => AC0600
            [name] => Town Hall Realty, Inc.
            [phone] => 617-288-1388
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 999999
    [price_per_sqft] => 174.52
    [price_per_unit] => 166666.5
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 5-9 Family
        )

[real_estate_tax] => 6935
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 36
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => 115
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2022
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 6935
    [total_gross_income] => 70200
    [total_parking] => 0
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 3
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 3
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 3
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 3
    [unit_3_floor] => 2
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 3
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 1 Full
    [unit_4_bedrooms] => 3
    [unit_4_floor] => 2
    [unit_4_lease] => Array
        (
            [0] => Y
        )

[unit_4_levels] => 3
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 115 Alder St, Lawrence MA 01841
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 
    [waterfront_features] => Array
        (
        )

[year_built] => 1920
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01841
    [zips] => 
    [zoning] => RES
    [zoning_details] => 
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/330826/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=73061767&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=73061767&w=1024&h=768&n=3
        )

[raw] => 
)

EXIT

1 More Photo

Closed

115 Alder St, Lawrence MA 01841

$999,999

Annual Expenses for 115 Alder St, Lawrence MA 01841

Annual Income & Unit Breakdown for 115 Alder St, Lawrence MA 01841

General Information for 115 Alder St, Lawrence MA 01841

Disclosures for 115 Alder St, Lawrence MA 01841

Financial Information for 115 Alder St, Lawrence MA 01841

Location Information for 115 Alder St, Lawrence MA 01841

Contact Information for 115 Alder St, Lawrence MA 01841

Agent

Office

Payment Calculator

Exclusive Listing Agent

Town Hall Realty, Inc.

Ken Eleazu