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 31 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
CAP Rate: -0.47%
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 Tax$9,411
Annual Income & Unit Breakdown for 79 - 83 West St, Lawrence MA 01841
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 79 - 83 West St, Lawrence MA 01841
Listing ID73136734
Property TypeMulti Family / 5+ Family
Price$1,999,000
Style
CityLawrence
CountyEssex
MLS AreaNorth Lawrence
Neighborhood(s)
Approximate Living Area Total
Approximate Lot Size (Acres)0.08 acres
Total Parking0
Garage Parking
Year Built1920
Year Built Source
Year Renovated
Year Built Details
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation Description
Accessible Features
Outdoor Space
ZoningRC
Zoning DetailsLegal Conforming
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 79 - 83 West St, Lawrence MA 01841
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
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 Compensation2
Facilitator Compensation2
Sub-Agent Compensation2
Compensation Based On
Financial Information for 79 - 83 West St, Lawrence MA 01841
Real Estate Taxes$9,411
Tax Year2023
Assessed Value
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)-0.47%
Location Information for 79 - 83 West St, Lawrence MA 01841
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaNorth Lawrence
Area Amenities
Contact Information for 79 - 83 West St, Lawrence MA 01841