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SOLD 6/12/2017

6 Hobson St, Lawrence, MA 01841$380,000

6
beds
3
baths
3050
ft2
· 5618
ft2 lot
$125 / ft2

Listing provided courtesy of Listing Broker: Todd Koss, Lillian Montalto Signature
Source MLS PIN;
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Investors and owner-occupiers take notice. This 3-family sits almost atop Tower Hill, on a corner lot, with fantastic views. Perhaps more important, this Multifamily in Lawrence makes money. 3 Units, each with their own Entrances, Exits, and Utilities, (heating system in Unit #2 is brand new). Individual Dual-Laundry Hookups in the basement as well. With a total of 6 bedrooms, allow this income-producer to take care of your mortgage, or serve as a revenue stream. The current owner has generally had tenants stay for 5-6 years at a time; Units #2 and #6 are currently unoccupied, while unit #4 is on a month-to-month agreement. 2 Car Detached Garage and additional 4 off-street tandem parking. New Garage Roof, Newer Garage Doors, 2 feet of Attic Insulation. See attached Lead Paint Compliance certificate. Rent is below market value and can easily increased, especially considering the advantages this house has to offer. Opportunity knocks.

HOA

$—/month

On market

5 months

Year built

1920

Property type

3 Family

Parking

4

MLS

72089372

Price / Sq.Ft.

$125 / ft2

Status

Sold

Home details for 6 Hobson St

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Kitchen, Living RM/Dining RM Combo, Kitchen, Living RM/Dining RM Combo, Dining Room, Kitchen, Living RM/Dining RM Combo
•   
Common Rooms: Mudroom
•   
Total Levels: 2, 4, 3
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 1, 1
•   
Total Levels Unit 3: 2, 1
•   
Total Rooms Unit 1: 5
•   
Total Rooms Unit 2: 4
•   
Total Rooms Unit 3: 6
•   
Total Rooms: 15, 11, 15
Interior Features
•   
Electric Details: 110 Volts
•   
Utility Description: Water, Water, Water
•   
Interior Features: Cable TV Available, Tile Floor, Hardwood Floors, Bathroom With Tub, Cable TV Available, Hardwood Floors, Cable TV Available, Tile Floor, Hardwood Floors, Bathroom With Tub
Heating & Cooling
•   
Heating Units: 3
•   
Heating Description Unit 1: Steam, Gas
•   
Heating Details: Steam, Gas
•   
Heating Zones: 3
•   
Heating Description Unit2: Forced Air, Gas
•   
Heating Description Unit3: Hot Water Baseboard, Gas, Other (See Remarks)
Appliances
•   
Hot Water: Natural Gas
•   
Unit 3 Appliances: Range, Dishwasher
•   
Unit 2 Appliances: Range, Refrigerator
•   
Unit 1 Appliances: Range
Bedrooms Info
•   
Total Beds: 6
•   
Unit 3 Beds: 3
•   
Unit 2 Beds: 1
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 3, 3
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Flooring
•   
Flooring: Laminate, Hardwood
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 3
Exterior Features
•   
Color: Red
•   
Building Exterior Details: Wood, Porch, Porch - Enclosed, Deck
Property Type
•   
Property Type: 3 Family
•   
Mls Prop Type: 3 Family
•   
Mls Property Type: Multi-family
Parking Info
•   
Garage Spaces: 2
•   
Parking Descriptions: Off-Street, Tandem
Community Features
•   
Area Amenities: Public Transportation, Shopping, Medical Facility, Highway Access
Lot Info
•   
Zoning: n/a
•   
Lot Description: Corner, Paved Drive, Gentle Slope
•   
Acres: 0.13
Building Info
•   
Foundation Size: 56x26
•   
Sqft Source: Public Record
•   
Square Ft. Disclosure: Broker is not responsible for any Square Footage discrepancies.
•   
Foundation: Fieldstone
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Approximate
•   
Lead Paint: Certified Treated
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Partial, Concrete Floor
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Utilities
•   
Utilities: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup
Other
•   
Uffi: Unknown
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 2382336
•   
Status: Sold
Financial Info
•   
Fin Code: Conv. Fixed
•   
Apod Available
Lease Info
•   
Gross Income: 36000
•   
Net Operating Income: 36000
•   
Monthly Rent Unit 2: 850
•   
Total Rent: 2050
Terms
•   
Exclusions: Refrigerator in Units 1 and 3. Please see attached Inclusion Exclusion List.
Listing Details
•   
Disclosures: 2-Zone Heat in Unit #1. The total monthly rent of $2, 050 does not include unit #1 as it is currently vacant. Owner has previously received $950/month for this Unit. Therefore, the total monthly revenue would be $3, 000 if all units were rented. Units are lead compliant. Units have basement storage.
•   
Dislcosures
Tax/Assessment Info
•   
Tax Year: 2016
•   
Assessed Value: 251500.00
•   
Taxes: 3901.00
•   
Apn: M:0205 B:0000 L:0026
Listing Contacts
•   
Selling Agent: G0002000
School Neighborhood & Directions
Location
•   
Street Number: 6-6A
•   
Map Book: 1268
•   
Map Page: 517
•   
Directions: Water St, to Ames St, to Oregon Ave, to Hobson St
•   
Road Type: Public
•   
Zip Code +4: 4914
School Info
•   
High School: Lawrence High
Other
Other
•   
Main So: G61700
Calculation
•   
Price Per Sqft: 124.59
•   
List Price Per Sqft: 126.20
•   
Sold Price Per Sqft: 124.59
•   
Cdom Property: 155
•   
Cdom Broker: 155
•   
Cdom: 155

Neighborhood snapshot

36
Properties for sale
18
Median days on market
$216.82
Median sold price/sqft
105.15%
Sold/List %
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Property History for 6 Hobson St

07/12/2017
07/12/2017
Public Record
sold
Public Record
$380,000

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