Seller financing with 25% down! This is your opportunity to invest in rapidly growing Lafayette Square. This Mixed use 3 unit property can be delivered with one or two units vacant if you wish to occupy. Also, may be sold together with 107-111 Lafayette Sq...a 4 unit Mixed use property. Agent has interest in the property. Offers due 4/6/23.
This home has been viewed 22 times
Last Checked: May 7th, 2024 at 5:16am (Source: MLS PIN #73084433)
Gross Income: $70,800
Gross Expenses: $15,215
Net Income Calc: $55,585
CAP Rate: 9.28%
Annual Expenses for 117 Lafayette Sq, Haverhill MA 01832
Total Gross Expenses (Calculated)$15,215/year
APOD AvailableYes
Heating
Electricity$540
Water$2,018
Gas$2,018
Insurance$2,864
Sewer$2,018
Trash Removal
Repair & Maintenance$3,860
Management
Miscellaneous
Real Estate Tax$5,933.63
Annual Income & Unit Breakdown for 117 Lafayette Sq, Haverhill MA 01832
Total Gross Income (Calculated)$70,800
Unit 1
Rental Income$1,400
LeaseN
Bedrooms0
Bathrooms2 Half
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$2,200
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$2,300
LeaseN
Bedrooms3
Bathrooms3 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 117 Lafayette Sq, Haverhill MA 01832
Listing ID73084433
Property TypeMulti Family / 3 Family
Price$599,000 ($153.51/SqFt)
Style3 Family
CityHaverhill
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,902 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features1
Outdoor Space
ZoningRes/Comm
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 117 Lafayette Sq, Haverhill MA 01832
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$9,282
Total Gross Income By Broker$64,200
Total Net Income By Broker$54,918
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation1
Sub-Agent Compensation2.5
Compensation Based OnNet Sale Price
Financial Information for 117 Lafayette Sq, Haverhill MA 01832
Real Estate Taxes$5,933.63
Tax Year2022
Assessed Value$411,800
Financial Data Source
Total Gross Expenses By Broker$9,282
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$64,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$54,918
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)9.28%
Location Information for 117 Lafayette Sq, Haverhill MA 01832
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesPark, Laundromat, Public Transportation
Contact Information for 117 Lafayette Sq, Haverhill MA 01832