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59 Springfield St, Lawrence MA 01843

$625,000

Estimated $1,456/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $208,333.33

Total Rent: 47400/year

Estimated CAP Rate:

8 Bedrooms

Baths

3096

Total Parking: 3

2,850 (0.07)

Looking for an investment property or owner occupied with income? This is a solid three family home with off street parking and in a convenient location close to schools, highway, shopping and train station. You can also enjoy the South Lawrence Common right down the street! This home features three good size apartments including a first floor apartment that is two levels and 4 bedrooms. Other features include newer heating systems and hot water heaters, rubber roof installed in 2009, vinyl sided with insulated windows, updated electric with a common house meter, off street parking for 3 cars. The yard is also fenced in

This home has been viewed 38 times

Last Checked: May 7th, 2024 at 5:16am (Source: MLS PIN #73092921)

Gross Income: $47,400

Gross Expenses: $5,305

Net Income Calc: $42,095

Annual Expenses for 59 Springfield St, Lawrence MA 01843

Total Gross Expenses (Calculated)$5,305/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5305

Annual Income & Unit Breakdown for 59 Springfield St, Lawrence MA 01843

Total Gross Income (Calculated)$47,400

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 59 Springfield St, Lawrence MA 01843

Listing ID73092921

Property TypeMulti Family / 3 Family

Price625000 ($201.87/SqFt)

Style3 Family

CityLawrence

CountyEssex

MLS AreaSouth Lawrence

Neighborhood(s)

Approximate Living Area Total3096

Approximate Lot Size (Acres)0.07

Total Parking3

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR-4

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 59 Springfield St, Lawrence MA 01843

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSheds

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 Compensation2.0

Facilitator Compensation2.0

Compensation Based OnNet Sale Price

Financial Information for 59 Springfield St, Lawrence MA 01843

Real Estate Taxes5305

Tax Year2023

Assessed Value$522,100

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 59 Springfield St, Lawrence MA 01843

Neighborhood(s)

MLS AreaSouth Lawrence

Area AmenitiesWalk/jog Trails

Contact Information for 59 Springfield St, Lawrence MA 01843

Agent

Name: The Fisichelli Team

Office

Name: Keller Williams Realty

Phone: 978-475-2111

Payment Calculator

, Interest

Property Taxes 442.08

Principal & Interest 3851.05

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty

The Fisichelli Team

Agent Phone

Office Phone

(978) 475-2111

Text Agent Call Agent Call Office

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    [unparsed] => 59 Springfield St, Lawrence MA 01843
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EXIT

21 More Photos

Closed

59 Springfield St, Lawrence MA 01843

$625,000

Annual Expenses for 59 Springfield St, Lawrence MA 01843

Annual Income & Unit Breakdown for 59 Springfield St, Lawrence MA 01843

General Information for 59 Springfield St, Lawrence MA 01843

Disclosures for 59 Springfield St, Lawrence MA 01843

Financial Information for 59 Springfield St, Lawrence MA 01843

Location Information for 59 Springfield St, Lawrence MA 01843

Contact Information for 59 Springfield St, Lawrence MA 01843

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty

The Fisichelli Team