ATTENTION INVESTORS!!! Start your portfolio with 57 Cedar Street, a recently renovated Two-Family Home! Here is your opportunity for an investment property or owner-occupant investment. Live in one unit and benefit from the rental income, or rent both units. Either way there is nothing to do! Unit one offers an updated kitchen with granite countertops, tiled backsplash, newer stainless steel appliances, living room and updated tiled bath. Unit two contains two levels; the first level consists of 1 bedroom, living room, updated eat in kitchen with quartz countertops, tiled backsplash which leads to newer deck, newer stainless steel appliances, and updated, tiled bath; the second level consists of two bedrooms. Separate utilities, laundry hookup in basement, fully renovated in 2021. Property will be delivered vacant.
This home has been viewed 35 times
Last Checked: May 7th, 2024 at 2:10am (Source: MLS PIN #73077543)
Gross Income: $0
Gross Expenses: $4,502
Net Income Calc: $4,502
CAP Rate: -0.82%
Annual Expenses for 57 Cedar Street, Lawrence MA 01841
Total Gross Expenses (Calculated)$4,502/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,502.91
Annual Income & Unit Breakdown for 57 Cedar Street, Lawrence MA 01841
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingYes
Rent Includes
General Information for 57 Cedar Street, Lawrence MA 01841
Listing ID73077543
Property TypeMulti Family / 2 Family
Price$549,900 ($288.51/SqFt)
Style2 Family - 2 Units Up/down
CityLawrence
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total1,906 SqFt
Approximate Lot Size (Acres)0.04 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor Space
ZoningB2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 57 Cedar Street, 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$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1.5
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 57 Cedar Street, Lawrence MA 01841
Real Estate Taxes$4,502.91
Tax Year2023
Assessed Value$443,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.82%
Location Information for 57 Cedar Street, Lawrence MA 01841
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesPublic Transportation
Contact Information for 57 Cedar Street, Lawrence MA 01841