Overview Property Details Payment Calculator Walkability

Closed

49-51 Basswood St, Lawrence MA 01841

$550,000

Estimated $1,308.39/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $183,333.33

Total Rent: 16800/year

Estimated CAP Rate: 2.15%

3 Bedrooms

3 Full Baths

4,176 SqFt

Total Parking: 4

3,200 SqFt

Spacious apts in this centrally located three family with off street parking, porches, updated heating system. Three bedrooms per unit with potential for four. Separate utilities. Sold AS IS. License to sell needed from probate court. The property is close to shopping area,...

This home has been viewed 35 times

Last Checked: May 7th, 2024 at 1:56am (Source: MLS PIN #72918198)

Gross Income: $16,800

Gross Expenses: $4,998

Net Income Calc: $11,802

CAP Rate: 2.15%

Annual Expenses for 49-51 Basswood St, Lawrence MA 01841

Total Gross Expenses (Calculated)$4,998/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,998.80

Annual Income & Unit Breakdown for 49-51 Basswood St, Lawrence MA 01841

Total Gross Income (Calculated)$16,800

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$700

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$700

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent Includes

General Information for 49-51 Basswood St, Lawrence MA 01841

Listing ID72918198

Property TypeMulti Family / 3 Family

Price$550,000 ($131.7/SqFt)

Style3 Family - 3 Units Up/down

CityLawrence

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total4,176 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking4

Garage Parking

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

Zoningr-3

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 49-51 Basswood St, Lawrence MA 01841

Lead Paint

UFFI

Living Area Includes Basement

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$16,800

Total Net Income By Broker$16,800

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 49-51 Basswood St, Lawrence MA 01841

Real Estate Taxes$4,998.80

Tax Year2021

Assessed Value$407,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$16,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$16,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.15%

Location Information for 49-51 Basswood St, Lawrence MA 01841

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 49-51 Basswood St, Lawrence MA 01841

Agent

Name: Christine Natale

MLS ID: D0009750

Office ID: K80025

National Association ID: 456000764

Address: 927 Franklin Street

City: Melrose

State: MA

Zip: 02176

Office

Name: Christine E. Natale, Broker

MLS Office ID: K80025

Phone: 978-937-1800

Payment Calculator

$3,805.50 per month

30 Years Fixed, 6.75% Interest

Property Taxes $416.57

Principal & Interest $3,388.93

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Christine E. Natale, Broker

Christine Natale

Agent Phone

Office Phone

(978) 937-1800

Text Agent Call Agent Call Office

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EXIT

Closed

49-51 Basswood St, Lawrence MA 01841

$550,000

Annual Expenses for 49-51 Basswood St, Lawrence MA 01841

Annual Income & Unit Breakdown for 49-51 Basswood St, Lawrence MA 01841

General Information for 49-51 Basswood St, Lawrence MA 01841

Disclosures for 49-51 Basswood St, Lawrence MA 01841

Financial Information for 49-51 Basswood St, Lawrence MA 01841

Location Information for 49-51 Basswood St, Lawrence MA 01841

Contact Information for 49-51 Basswood St, Lawrence MA 01841

Agent

Office

Payment Calculator

Exclusive Listing Agent

Christine E. Natale, Broker

Christine Natale