159 South Union Street

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159 South Union Street

Lawrence, MA 01843
Asking Price
$1.98M
Cap Rate
9.17%
Asset Type
Mixed-use
Class
Class B

What's Special

Mixed Use | 9 Units | 15,000 Sq Ft <p><strong>TRANSPORTATION & CONNECTIVITY </strong></p><p>The Property is less than a 5-minute drive from Interstate 495 (I-495) access points in Lawrence, providing direct regional highway linkage north toward the New Hampshire border and south toward I 93 and the greater Boston employment corridor. Residents also benefit from proximity to the MBTA Lawrence Commuter Rail Station at the Senator Patricia McGovern Transportation Center at South Union Street and Merrimack Street, which serves the Ha

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NOI
$80,000
Cap Rate
4.05%
DSCR
0.68
Underwater
Cash-on-Cash
-6.29%
Monthly Payment
$9,771.222
Annual Cash Flow
$-37,254.669

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