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25-27 Lawrence St, Fitchburg MA 01420

$489,900

Estimated $1,257/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $163,300

Total Rent: 60000/year

Estimated CAP Rate:

7 Bedrooms

Baths

3728

Total Parking: 13 (3 Garage)

8,778 (0.20)

Well maintained 3 Family ready for an investor or an owner-occupied buyer. The 3rd floor/ 1 BDM apartment is vacant and has been recently renovated with new flooring, kitchen, and paint. All three apartments are separately metered, and the tenants pay for their heat, electricity, and hot water. Separate common electric meter. There is a detached- 3 Car Garage that can be used by the tenants or rented out for additional income. The 1st and 2nd floor has spacious 3-BDM apartments with eat-in kitchens, wood floors, fireplaces and ample space. The hip roof was replaced in 2022 and the front hallway was updated in 2023. Plenty of off-street parking.

This home has been viewed 58 times

Last Checked: May 7th, 2024 at 8:11am (Source: MLS PIN #73105136)

Gross Income: $60,000

Gross Expenses: $5,557

Net Income Calc: $54,443

Water Views

Annual Expenses for 25-27 Lawrence St, Fitchburg MA 01420

Total Gross Expenses (Calculated)$5,557/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5557

Annual Income & Unit Breakdown for 25-27 Lawrence St, Fitchburg MA 01420

Total Gross Income (Calculated)$60,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 25-27 Lawrence St, Fitchburg MA 01420

Listing ID73105136

Property TypeMulti Family / 3 Family

Price489900 ($131.41/SqFt)

Style3 Family

CityFitchburg

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3728

Approximate Lot Size (Acres)0.2

Total Parking13 (3 Garage)

Garage Parking3

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRC

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 25-27 Lawrence St, Fitchburg MA 01420

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher And Dryer Excluded. Curtain Rods In Primary Belong To Stager.

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

Compensation Based OnNet Sale Price

Financial Information for 25-27 Lawrence St, Fitchburg MA 01420

Real Estate Taxes5557

Tax Year2023

Assessed Value$346,900

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 25-27 Lawrence St, Fitchburg MA 01420

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 25-27 Lawrence St, Fitchburg MA 01420

Agent

Name: Matthew Straight

Office

Name: Coldwell Banker Realty - Leominster

Phone: 978-840-4014

Payment Calculator

, Interest

Property Taxes 463.08

Principal & Interest 3018.61

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Leominster

Matthew Straight

Agent Phone

Office Phone

(978) 840-4014

Text Agent Call Agent Call Office

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EXIT

17 More Photos

Closed

25-27 Lawrence St, Fitchburg MA 01420

$489,900

Annual Expenses for 25-27 Lawrence St, Fitchburg MA 01420

Annual Income & Unit Breakdown for 25-27 Lawrence St, Fitchburg MA 01420

General Information for 25-27 Lawrence St, Fitchburg MA 01420

Disclosures for 25-27 Lawrence St, Fitchburg MA 01420

Financial Information for 25-27 Lawrence St, Fitchburg MA 01420

Location Information for 25-27 Lawrence St, Fitchburg MA 01420

Contact Information for 25-27 Lawrence St, Fitchburg MA 01420

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Leominster

Matthew Straight