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, public transportation, schools, and within minutes to entertainment and recreation area. Great rental property. Rents listed are not confirmed as tenants are not paying rent at this time. Appliances are unknown in tenants apts and if they are working. First floor and third vacant and easy to show. Photos are only of the first floor. Tenant still on 2 nd floor currently in eviction.
This home has been viewed 54 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
Water Views
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 Tax4998.8
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
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 49-51 Basswood St, Lawrence MA 01841
Listing ID72918198
Property TypeMulti Family / 3 Family
Price550000 ($131.7/SqFt)
Style3 Family - 3 Units Up/down
CityLawrence
CountyEssex
Neighborhood(s)
Approximate Living Area Total4176
Approximate Lot Size (Acres)0.07
Total Parking4
Garage Parking0
Year Built1905
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
Zoningr-3
Water ViewsNo
Water Views Features
Waterfront 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
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 49-51 Basswood St, Lawrence MA 01841
Real Estate Taxes4998.8
Tax Year2021
Assessed Value$407,400
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 49-51 Basswood St, Lawrence MA 01841
Neighborhood(s)
Area Amenities
Contact Information for 49-51 Basswood St, Lawrence MA 01841