Large units with good income also Zero taxes when you sell this "OPPORTUNITY ZONE" property; after 10 years; as long as you follow all the IRS required fillings and building improvements requirement along with all more other details ! Please use due diligence to get information about "Opportunity Zones". This is an 8 unit, 4 story building; zoned for both Commercial and Residential. 1031 Exchanges are welcome ! All units have separate utilities. Electric box in each unit ! Utility room in the back of each unit too ! Units are very much alike ! No carpet floors, bedrooms have laminated hardwood floorings and for both dinning room and kitchen it’s tile floors. All tenants are TAW. It’s located on a wide commercial street with access to public transportation, laundromats and Mom and Pop stores in a short walking distance. There are residential street parking along our side of this street. City installed camera’s all around Lawrence; now they paved and did lot more improvements ! No
This home has been viewed 41 times
Last Checked: May 7th, 2024 at 5:12am (Source: MLS PIN #73136734)
Gross Income: $0
Gross Expenses: $9,411
Net Income Calc: $9,411
Annual Expenses for 79 - 83 West St, Lawrence MA 01841
Total Gross Expenses (Calculated)$9,411/year
APOD Available
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9411
Annual Income & Unit Breakdown for 79 - 83 West St, Lawrence MA 01841
Total Gross Income (Calculated)$0
General Information for 79 - 83 West St, Lawrence MA 01841
Listing ID73136734
Property TypeMulti Family / 5+ Family
Price1999000
Style
CityLawrence
CountyEssex
MLS AreaNorth Lawrence
Neighborhood(s)
Approximate Living Area Total0
Approximate Lot Size (Acres)0.08
Total Parking0
Year Built1920
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRC
Zoning DetailsLegal Conforming
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 79 - 83 West St, Lawrence MA 01841
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
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
Facilitator Compensation2
Sub-Agent Compensation2
Compensation Based On
Financial Information for 79 - 83 West St, Lawrence MA 01841
Real Estate Taxes9411
Tax Year2023
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 79 - 83 West St, Lawrence MA 01841
Neighborhood(s)
MLS AreaNorth Lawrence
Area Amenities
Contact Information for 79 - 83 West St, Lawrence MA 01841