ATTENTION INVESTORS!! This huge two-family with many updates, including on-demand hot water, new heating systems, blow in insulation. etc. This house can be your next buy and hold investment. Unit 1 is current vacant, with hardwood floor through out, freshly painted, 3 bedrooms and laundry hookup inside of the unit, this unit has a great basement potential, with approved plans by the city for an open concept space. The second unit is a duplex with 5 large bedrooms, 2 full bathrooms and spacious kitchen and living room. Currently rented for $2.400,00. The property is located close to Rt 93 and 495, has very easy access. First floor is easy to show, second floor can be showed on open houses and with serious inquiries after verification. SHOWING WITH APPOINTMENT!
This home has been viewed 21 times
Last Checked: May 7th, 2024 at 4:41am (Source: MLS PIN #73083282)
Gross Income: $52,800
Gross Expenses: $4,919
Net Income Calc: $47,881
CAP Rate: 7.37%
Annual Expenses for 570.1 Haverhill St, Lawrence MA 01841
Total Gross Expenses (Calculated)$4,919/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,919
Annual Income & Unit Breakdown for 570.1 Haverhill St, Lawrence MA 01841
Total Gross Income (Calculated)$52,800
Unit 1
Rental Income$2,000
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,400
LeaseN
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 570.1 Haverhill St, Lawrence MA 01841
Listing ID73083282
Property TypeMulti Family / 2 Family
Price$650,000 ($255.3/SqFt)
Style2 Family - 2 Units Up/down
CityLawrence
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,546 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
Zoningunknown
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesOther (See Remarks)
Terms
Disclosures for 570.1 Haverhill St, 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$28,800
Total Net Income By Broker$28,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation1
Compensation Based OnNet Sale Price
Financial Information for 570.1 Haverhill St, Lawrence MA 01841
Real Estate Taxes$4,919
Tax Year2023
Assessed Value$484,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$28,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$28,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.37%
Location Information for 570.1 Haverhill St, Lawrence MA 01841
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 570.1 Haverhill St, Lawrence MA 01841