Rare seven unit home near downtown Methuen consisting of seven, one-bedroom units. Large site with private yard. Many period finishes. Common laundry in basement. Ample on-site parking and two-car garage.
This home has been viewed 53 times
Last Checked: May 7th, 2024 at 6:06am (Source: MLS PIN #73060214)
Gross Income: $54,840
Gross Expenses: $28,030
Net Income Calc: $26,810
Water Views
Annual Expenses for 257 Lawrence Street, Methuen MA 01844
Total Gross Expenses (Calculated)$28,030/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8370
Annual Income & Unit Breakdown for 257 Lawrence Street, Methuen MA 01844
Total Gross Income (Calculated)$54,840
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 257 Lawrence Street, Methuen MA 01844
Listing ID73060214
Property TypeMulti Family / 5+ Family
Price999000 ($237.69/SqFt)
Style5-9 Family
CityMethuen
CountyEssex
Neighborhood(s)
Approximate Living Area Total4203
Approximate Lot Size (Acres)0.38
Total Parking10 (2 Garage)
Garage Parking2
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Area2036
Foundation Description
Accessible Features
Outdoor Space
ZoningCBD
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 257 Lawrence Street, Methuen MA 01844
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsGenerator
Financial Data SourceEstimated
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
Compensation Based OnGross/full Sale Price
Financial Information for 257 Lawrence Street, Methuen MA 01844
Real Estate Taxes8370
Tax Year2022
Assessed Value$641,200
Financial Data SourceEstimated
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 257 Lawrence Street, Methuen MA 01844
Neighborhood(s)
Area Amenities
Contact Information for 257 Lawrence Street, Methuen MA 01844