Wonderful opportunity to own a 3-unit property in Lawrence with great income potential. Property features 6 bedrooms, 3 bathrooms, a driveway that fits 4+ cars and much more! 3 new boilers, water heaters and new roof in 2017. All 3 units have been renovated in the past 5-yea...
This home has been viewed 32 times
Last Checked: May 7th, 2024 at 12:46am (Source: MLS PIN #73069754)
Gross Income: $0
Gross Expenses: $5,546
Net Income Calc: $5,546
CAP Rate: -0.85%
Annual Expenses for 185 Willow St, Lawrence MA 01841
Total Gross Expenses (Calculated)$5,546/year
APOD AvailableNo
Heating
Electricity
Water$350
Gas$350
Insurance
Sewer$350
Trash Removal
Repair & Maintenance$500
Management
Miscellaneous
Real Estate Tax$4,696
Annual Income & Unit Breakdown for 185 Willow St, Lawrence MA 01841
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit3
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 185 Willow St, Lawrence MA 01841
Listing ID73069754
Property TypeMulti Family / 3 Family
Price$650,000 ($243.99/SqFt)
Style3 Family
CityLawrence
CountyEssex
MLS AreaNorth Lawrence
Neighborhood(s)
Approximate Living Area Total2,664 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking4
Garage Parking
Year Built1925
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
Zoningres
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 185 Willow St, Lawrence MA 01841
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$850
Total Gross Income By Broker$51,600
Total Net Income By Broker$51,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation2%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 185 Willow St, Lawrence MA 01841
Real Estate Taxes$4,696
Tax Year2022
Assessed Value$410,500
Financial Data SourceOwner
Total Gross Expenses By Broker$850
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$51,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$51,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.85%
Location Information for 185 Willow St, Lawrence MA 01841
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaNorth Lawrence
Area AmenitiesPublic School, Shopping, Laundromat, Public Transportation
Contact Information for 185 Willow St, Lawrence MA 01841