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187-189 Essex St, Lawrence MA 01840

$1,199,900

Estimated $2,331/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $399,966.67

Total Rent: 82800/year

Estimated CAP Rate:

9 Bedrooms

Baths

6750

Total Parking: 0

2,325 (0.05)

This build has 4 levels, 1st level BUSINESS - with a $2500 lease agreement (expires in 2025). 2nd, 3rd and 4rd floor are apartments with 6 rooms each, 3Bedrooms + 1bath. All the build was completely renovated in 2019. It is an amazing opportunity for you to be an investor. OPEN HOUSE this coming Saturday 12pm to 1:30pm. Rentals are under market value.

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 3:41am (Source: MLS PIN #73068747)

Gross Income: $82,800

Gross Expenses: $4,626

Net Income Calc: $78,174

Annual Expenses for 187-189 Essex St, Lawrence MA 01840

Total Gross Expenses (Calculated)$4,626/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4626.33

Annual Income & Unit Breakdown for 187-189 Essex St, Lawrence MA 01840

Total Gross Income (Calculated)$82,800

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 187-189 Essex St, Lawrence MA 01840

Listing ID73068747

Property TypeMulti Family / 4 Family

Price1199900 ($177.76/SqFt)

Style4 Family

CityLawrence

CountyEssex

Neighborhood(s)

Approximate Living Area Total6750

Approximate Lot Size (Acres)0.05

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

Zoning0

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 187-189 Essex St, Lawrence MA 01840

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

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 Compensation2,5

Facilitator Compensation2,5

Compensation Based OnNet Sale Price

Financial Information for 187-189 Essex St, Lawrence MA 01840

Real Estate Taxes4626.33

Tax Year2022

Assessed Value$0

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 187-189 Essex St, Lawrence MA 01840

Neighborhood(s)

Area Amenities

Contact Information for 187-189 Essex St, Lawrence MA 01840

Agent

Name: Gesiane Soares

Office

Name: Century 21 North East

Phone: 617-389-1129

Payment Calculator

, Interest

Property Taxes 385.53

Principal & Interest 7393.4

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Gesiane Soares

Agent Phone

Office Phone

(617) 389-1129

Text Agent Call Agent Call Office

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EXIT

14 More Photos

Closed

187-189 Essex St, Lawrence MA 01840

$1,199,900

Annual Expenses for 187-189 Essex St, Lawrence MA 01840

Annual Income & Unit Breakdown for 187-189 Essex St, Lawrence MA 01840

General Information for 187-189 Essex St, Lawrence MA 01840

Disclosures for 187-189 Essex St, Lawrence MA 01840

Financial Information for 187-189 Essex St, Lawrence MA 01840

Location Information for 187-189 Essex St, Lawrence MA 01840

Contact Information for 187-189 Essex St, Lawrence MA 01840

Agent

Office

Payment Calculator

Exclusive Listing Agent

Century 21 North East

Gesiane Soares