Overview Property Details Payment Calculator Walkability

Pending

16A Exeter St, Lawrence MA 01843

$1,425,000

Estimated $2,942.80/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $237,500

Total Rent: 87000/year

Estimated CAP Rate: 4.43%

0 Bedrooms

6 Full Baths

3,720 SqFt

Total Parking: 9

10,000 SqFt

16A Exeter St contains a total of six (6) residential units comprised of five (5) 2-bedroom/ 1-bathroom units and one (1) 1-bedroom/ 1-bathroom unit. The building has 3,720 square feet of living area in 5,596 gross square feet on a .23 acre parcel of land. The property is we...

This home has been viewed 27 times

Last Checked: July 8th, 2025 at 7:43am (Source: MLS PIN #73394426)

Gross Income: $87,000

Gross Expenses: $23,886

Net Income Calc: $63,114

CAP Rate: 4.43%

Annual Expenses for 16A Exeter St, Lawrence MA 01843

Total Gross Expenses (Calculated)$23,886/year

APOD AvailableNo

Heating

Electricity$1,350

Water$4,670

Gas$4,670

Insurance$4,371

Sewer$4,670

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,586

Annual Income & Unit Breakdown for 16A Exeter St, Lawrence MA 01843

Total Gross Income (Calculated)$87,000

Unit 1

Rental Income$1,850

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,850

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,850

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,700

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 16A Exeter St, Lawrence MA 01843

Listing ID73394426

Property TypeMulti Family / 5+ Family

Price$1,425,000 ($383.06/SqFt)

Style5-9 Family

CityLawrence

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,720 SqFt

Approximate Lot Size (Acres)0.23 acres

Total Parking9

Garage Parking

Year Built1970

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningR3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 16A Exeter St, Lawrence MA 01843

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceEstimated

Total Gross Expenses By Broker$30,386

Total Gross Income By Broker$135,600

Total Net Income By Broker$101,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation2

Compensation Based OnNet Sale Price

Financial Information for 16A Exeter St, Lawrence MA 01843

Real Estate Taxes$7,586

Tax Year2025

Assessed Value$862,100

Financial Data SourceEstimated

Total Gross Expenses By Broker$30,386

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$135,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$101,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.43%

Location Information for 16A Exeter St, Lawrence MA 01843

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 16A Exeter St, Lawrence MA 01843

Agent

Name: Spencer Norton

MLS ID: CN230412

Office ID: AN2723

Address: 37 Oakland Street

City: Newburyport

State: MA

Zip: 01950

Office

Name: Horvath & Tremblay

MLS Office ID: AN2723

Phone: 781-776-4000

Payment Calculator

$9,412.57 per month

30 Years Fixed, 6.75% Interest

Property Taxes $632.17

Principal & Interest $8,780.40

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Horvath & Tremblay

Spencer Norton

Agent Phone

Office Phone

(781) 776-4000

Text Agent Call Agent Call Office

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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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        (
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[year_built] => 1970
    [year_built_details] => Approximate
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EXIT

Pending

16A Exeter St, Lawrence MA 01843

$1,425,000

Annual Expenses for 16A Exeter St, Lawrence MA 01843

Annual Income & Unit Breakdown for 16A Exeter St, Lawrence MA 01843

General Information for 16A Exeter St, Lawrence MA 01843

Disclosures for 16A Exeter St, Lawrence MA 01843

Financial Information for 16A Exeter St, Lawrence MA 01843

Location Information for 16A Exeter St, Lawrence MA 01843

Contact Information for 16A Exeter St, Lawrence MA 01843

Agent

Office

Payment Calculator

Exclusive Listing Agent

Horvath & Tremblay

Spencer Norton