Overview Property Details Payment Calculator Walkability

Closed

18 Winthrop Ave, Lawrence MA 01843

$789,900

Estimated $1,793.49/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $197,475

Total Rent: 74400/year

Estimated CAP Rate: 8.64%

9 Bedrooms

5 Full Baths

4,641 SqFt

Total Parking: 7

6,975 SqFt

Excellent opportunity to own a 4 unit, Multi-family in good condition. This property has very generous size apartments with two, 1 bedroom units, a 3 bedroom unit, and a 4 bedroom unit. Rents are well below market value,( rents could be higher). Vinyl siding, newer roof, ga...

This home has been viewed 19 times

Last Checked: May 7th, 2024 at 3:21am (Source: MLS PIN #73081119)

Gross Income: $74,400

Gross Expenses: $6,152

Net Income Calc: $68,248

CAP Rate: 8.64%

Annual Expenses for 18 Winthrop Ave, Lawrence MA 01843

Total Gross Expenses (Calculated)$6,152/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,152

Annual Income & Unit Breakdown for 18 Winthrop Ave, Lawrence MA 01843

Total Gross Income (Calculated)$74,400

Unit 1

Rental Income$1,250

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,450

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,750

Lease

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,750

Lease

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 18 Winthrop Ave, Lawrence MA 01843

Listing ID73081119

Property TypeMulti Family / 4 Family

Price$789,900 ($170.2/SqFt)

Style4 Family

CityLawrence

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total4,641 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking7

Garage Parking

Year Built1890

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 DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRes

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 18 Winthrop Ave, Lawrence MA 01843

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$51,900

Total Net Income By Broker$51,900

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 18 Winthrop Ave, Lawrence MA 01843

Real Estate Taxes$6,152

Tax Year2022

Assessed Value$537,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$51,900

BostonRealEstate.com Gross Income

Total Net Income By Broker$51,900

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.64%

Location Information for 18 Winthrop Ave, Lawrence MA 01843

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 18 Winthrop Ave, Lawrence MA 01843

Agent

Name: Dawn Valentino

MLS ID: CN214919

Office ID: AN5129

National Association ID: 452001604

Address: 164 Lowell Road

City: Salem

State: NH

Zip: 03079

Office

Name: Four Seasons Realty Group Corp.

MLS Office ID: AN5129

Phone: 978-761-8600

Payment Calculator

$5,379.78 per month

30 Years Fixed, 6.75% Interest

Property Taxes $512.67

Principal & Interest $4,867.11

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Four Seasons Realty Group Corp.

Dawn Valentino

Agent Phone

Office Phone

(978) 761-8600

Text Agent Call Agent Call Office

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EXIT

Closed

18 Winthrop Ave, Lawrence MA 01843

$789,900

Annual Expenses for 18 Winthrop Ave, Lawrence MA 01843

Annual Income & Unit Breakdown for 18 Winthrop Ave, Lawrence MA 01843

General Information for 18 Winthrop Ave, Lawrence MA 01843

Disclosures for 18 Winthrop Ave, Lawrence MA 01843

Financial Information for 18 Winthrop Ave, Lawrence MA 01843

Location Information for 18 Winthrop Ave, Lawrence MA 01843

Contact Information for 18 Winthrop Ave, Lawrence MA 01843

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Exclusive Listing Agent

Four Seasons Realty Group Corp.

Dawn Valentino