279-289 Park Street

Lawrence, MA 01841

$575,000
Last Sold Price
23
Beds
11
Baths
8,720 Sq. Ft.
$66 / Sq. Ft.
8,720
Sq. Ft.
$66
per Sq. Ft.

Description

11 Units = 10 - 4 room, two bed and 1 - 3 bed. Delead certificates for all units. Sprinkler system, vinyl windows & siding, rubber roof. Tenants pay utilities. Parking of one space per unit. Estimate net profit, before depreciation, is $35,866. Great opportunity to add to your portfolio. Agents see attachment for Financials.11 Units = 10 - 4 room, two bed and 1 - 3 bed. Delead certificates for all units. Sprinkler system, vinyl windows & siding, rubber roof. Tenants pay utilities. Parking of one space per unit. Estimate net profit, before depreciation, is $35,866. Great opportunity to add to your portfolio. Agents see attachment for Financials.
  1. Listed by Kevin Curry • Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details for 279-289 Park Street

Town
Lawrence
Area
MA-Lawrence
Garage Spaces
0
Parking Spaces
11.00
Parking Spaces Total
11

Location

Listing Courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate, Kevin Curry

Sold By Berkshire Hathaway HomeServices Commonwealth Real Estate, Kevin Curry

Add your commute
LISTING UPDATED: 08/06/2022 05:35 AM

Property Details for 279-289 Park Street

StatusSold
MLS #71386439
Days on Market363
Taxes$6,546 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Side by Side
Year Built1920
CountyEssex County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate, Kevin Curry

Sold By Berkshire Hathaway HomeServices Commonwealth Real Estate, Kevin Curry

Add your commute

Building Information for 279-289 Park Street

Stories3Residences11Year Built1920Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$3,684 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$546

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 279-289 Park Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Withheld
  • Living Area: 8720.0
  • Total Units: 11
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access
  • Num of Baths: 11.0
  • Num of Full Baths: 11
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 11.00
  • Bathrooms Total Integer: 11
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Sprinkler System
  • Exterior Features: Sprinkler System, Porch - Enclosed
  • Lot Description: Corner Lot
  • Patio And Porch Features: Enclosed
  • Roof Material: Tar/Gravel
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Flood insurance maybe required
Tax Information
  • Listing Terms: Contract
  • Tax ID: 4208996
  • Assessments: $458,100
  • Book: 11823
  • Tax Year: 2012
  • Zoning: B2
Building / Association Information
Living Characteristics
  • Beds Total: 23
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Other
  • Foundation Area: 9999999.0
Income / Expenses
  • Electricity: $140.00
  • Annual Expenses Source: Owner
  • GOI: $101,700.00
  • Gross Scheduled Income: $1,502.00
  • Insurance: $3,561.00
  • GRE: $19,442
  • RFS: $2,064
  • NOI: $82,258.00
  • Operating Expense: $19,442.00
  • WSE: $5,429.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $8,475.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1.0

Property History for 279-289 Park Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 279-289 Park Street

This home is within Lawrence School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 1 to 12
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
Community Day Arlington
PublicK to 4

School For Exceptional Studies
Public1 to 12

Lawrence High School
Public9 to 12

Frost Middle School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate, Kevin Curry

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.