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Canceled

412-414 High St, Lawrence MA 01841

$859,900

Estimated $1,956.65/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $286,633.33

Total Rent: 68700/year

Estimated CAP Rate: 7.20%

9 Bedrooms

3 Full Baths

3,687 SqFt

Total Parking: 4 (2 Garage)

4,200 SqFt

This beautiful three family property is the perfect opportunity for investors or owner-occupants seeking a versatile investment property in a great location. Each of the three spacious units boasts three bedrooms, one bath and plenty of natural light. The units have tons of potential and offer a warm and inviting ambiance that is perfect for growing families or anyone looking for a wise investment. The partially finished basement adds even more living space to this amazing property, perfect for use as an entertainment pace or additional storage. Located in the North Lawrence neighborhood this property is within walking distance to public transportation, shopping, and dining options.ALL OFFERS DUE BY 5PM ON TUESDAY, 5/2/23. ALLOW SELLER UNTIL WEDNESDAY BY 12 NOON TO REVIEW OFFER.

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 8:36am (Source: MLS PIN #73104476)

Gross Income: $68,700

Gross Expenses: $6,748

Net Income Calc: $61,952

CAP Rate: 7.20%

Annual Expenses for 412-414 High St, Lawrence MA 01841

Total Gross Expenses (Calculated)$6,748/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,748

Annual Income & Unit Breakdown for 412-414 High St, Lawrence MA 01841

Total Gross Income (Calculated)$68,700

Unit 1

Rental Income$1,950

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,900

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,875

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 412-414 High St, Lawrence MA 01841

Listing ID73104476

Property TypeMulti Family / 3 Family

Price$859,900 ($233.22/SqFt)

Style3 Family - 3 Units Up/down

CityLawrence

CountyEssex

MLS AreaNorth Lawrence

Neighborhood(s)

Approximate Living Area Total3,687 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking4 (2 Garage)

Garage Parking2 / Detached

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsStone

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningRE

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 412-414 High St, Lawrence MA 01841

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$0

Total Gross Income By Broker$68,700

Total Net Income By Broker$68,700

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1.5

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 412-414 High St, Lawrence MA 01841

Real Estate Taxes$6,748

Tax Year2023

Assessed Value$664,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$68,700

BostonRealEstate.com Gross Income

Total Net Income By Broker$68,700

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.20%

Location Information for 412-414 High St, Lawrence MA 01841

Elementary School

Middle School

High SchoolLawrence High

Neighborhood(s)

MLS AreaNorth Lawrence

Area Amenities

Contact Information for 412-414 High St, Lawrence MA 01841

Agent

Name: Treetop Group

Office

Name: Keller Williams Realty

Phone: 978-475-2111

Team Members

Name: Seydyss Barreto

Phone: 978-590-8918

Name: Iris Melendez

Phone: 978-397-1600

Payment Calculator

, Interest

Property Taxes 562.33

Principal & Interest 5298.43

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty

Treetop Group

Agent Phone

Office Phone

(978) 475-2111

Text Agent Call Agent Call Office

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EXIT

Canceled

412-414 High St, Lawrence MA 01841

$859,900

Annual Expenses for 412-414 High St, Lawrence MA 01841

Annual Income & Unit Breakdown for 412-414 High St, Lawrence MA 01841

General Information for 412-414 High St, Lawrence MA 01841

Disclosures for 412-414 High St, Lawrence MA 01841

Financial Information for 412-414 High St, Lawrence MA 01841

Location Information for 412-414 High St, Lawrence MA 01841

Contact Information for 412-414 High St, Lawrence MA 01841

Agent

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Keller Williams Realty

Treetop Group