11 Days on market
57-59 Bennington St Lawrence — Photo 1 of 15

57-59 Bennington St Lawrence — Photo 1 of 15

$769,900

Investment Analysis — 57-59 Bennington St

Lawrence, MA 01841

Based on rent reported on the MLS listing, a 2-unit multi-family in 01841 carries $1,800/mo in gross rent — about a 1.52% cap rate and $11,705/yr in estimated NOI at the $769,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

4.5

SqFt

2,650

Style

Multi Family

Built

1896

Exceptional 2 family with lots of extended living space throughout. You'll notice the care and attention to detail the owner has placed in this lovely home from the moment you step in. The first floor has a standard layout maintained by the tenant in meticulous condition. The second floor owners unit has a modern bath and updated kitchen as well as the third floor which is considered an extension of the owners unit. The basement is also finished with a bath for the use of the first floor and there is a converted garage that is used as an entertainment area heated with a full bath which has great potential to converted into a legal ADU. The water heaters are new and there's plenty of off st parking. This is a really good opportunity.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$769,900
Annual Taxes$4,711

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms14
FireplacesNone
FlooringWood, Tile
BasementFull, Finished

Climate & Utilities

HeatingBaseboard, Natural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone
ZoningR-3

Property & Lot

Acres0.07
SqFt Lot3,200
Lot Features--

Amenities & Appliances

Range • Refrigerator

Geography

Listing Provided By

Listing Agent: Robert V. Ciccarelli

Listing Office: Ciccarelli Homes

MLS® Number: 73570866