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| Listing: 1 of 1 | Updated 44 minutes ago |
The Parker Street Rooms & Apartments contain thirty-two (32) residential units, comprised of twenty-nine (29) SRO's and three (3) apartments. 183 Parker Street contains twelve (12) SRO's and one (1) apartment and 198-200 Parker Street contains seventeen (17) SRO's and two (2) apartments. The two buildings are located in South Lawrence and are across the street from one another. The landlord is responsible for gas heat and all electricity in 183 Parker. 198-200 Parker Street features separately metered electricity for all the rooms and apartments, which is the heat source for the building. Passing the electric expense back on to the tenants would create a significant increase in the NOI of the properties. Current rents are also below market rate. The properties have a current cap rate of 9.22%.
General Information for 183 & 198 Parker Lawrence, MA 01843 |
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| Town | Lawrence |
| County | Essex |
| Stories | 4 |
| SQFT | 9,075 |
| Status | Under Contract |
| Listing Number | 73403863 (MLSPIN) |
Rooms Information for 183 & 198 Parker Lawrence, MA 01843 |
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Interior Information for 183 & 198 Parker Lawrence, MA 01843 |
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Exterior Information for 183 & 198 Parker Lawrence, MA 01843 |
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| Lot Size | 0.21 acres |
| Lot Description | Other |
| Parking | Spaces: 4 |
| Lot | Other |
| Water | Public |
| Sewer | Public Sewer |
Neighborhood Information for 183 & 198 Parker Lawrence, MA 01843 |
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Miscellaneous Information for 183 & 198 Parker Lawrence, MA 01843 |
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| Year Built | 1900 |
| Association Fee | 0 |
| Taxes | $13,506 /Yr |
| Comp | Buyer Agency Compensation:2 Buyer Agency Compensation Type:% Sub Agency Compensation: Sub Agency Compensation Type: Transaction Broker Compensation: Compensation Based On:Net Sale Price Sub-Agency Relationship Offered: |
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| Condo | Data |
|---|---|
| Units | 6,713 |
| Avg Price | $938,118 |
| Avg Days Listed | 102 |
| Total New Listings | 4 |
| House | Data |
|---|---|
| Units | 12,073 |
| Avg Price | $1,272,674 |
| Avg Days Listed | 88 |
| Total New Listings | 6 |
| Multi-Family | Data |
|---|---|
| Units | 2,021 |
| Avg Price | $1,300,664 |
| Avg Days Listed | 109 |
| Total New Listings | 7 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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| Listing: 1 of 1 | Updated 44 minutes ago |
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
(AN2723/CN230412)
