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 45 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
Water Views
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 Tax6748
Annual Income & Unit Breakdown for 412-414 High St, Lawrence MA 01841
Total Gross Income (Calculated)$68,700
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 412-414 High St, Lawrence MA 01841
Listing ID73104476
Property TypeMulti Family / 3 Family
Price859900 ($233.22/SqFt)
Style3 Family - 3 Units Up/down
CityLawrence
CountyEssex
MLS AreaNorth Lawrence
Neighborhood(s)
Approximate Living Area Total3687
Approximate Lot Size (Acres)0.1
Total Parking4 (2 Garage)
Garage Parking2
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRE
Water ViewsNo
Water Views Features
Waterfront 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
ExclusionsSee Info Pack
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 Compensation1.5
Compensation Based OnNet Sale Price
Financial Information for 412-414 High St, Lawrence MA 01841
Real Estate Taxes6748
Tax Year2023
Assessed Value$664,200
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 412-414 High St, Lawrence MA 01841
High SchoolLawrence High
Neighborhood(s)
MLS AreaNorth Lawrence
Area Amenities
Contact Information for 412-414 High St, Lawrence MA 01841