$1,199,900
About this home
Rare opportunity to acquire this free standing asset in the heart of the city. This is a value add opportunity which has continuously demonstrated a tremendous amount of cash flow over the years. The Ladder House presently provides sober housing for male inmates returning to the Lawrence area .The Essex County Sheriffs Department is responsible for the required transport and supervision. The property presently holds up to 26 inmates at any given time. The entire first floor can be outfitted with additional rooms to further increase the cash flow. The structure also lends itself to a wide variety of uses. Financials are available upon request.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $7,791
- Utilities
- $646
- Transportation
- $141
- Other (entertainment)
- $158
Quick facts
Neighborhood — 01841
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 45,993 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | 3.00% | 7.00% | 20.00% |
| Population Density | 14,090 | 786 | — |
| Male | 22,194 | 3,127,134 | 147,432,321 |
| Female | 23,799 | 3,317,797 | 151,655,844 |
| Never Married | 12,597 | 1,612,885 | 63,775,926 |
| Married | 11,903 | 2,586,314 | 123,120,365 |
| Separated | 4,031 | 247,857 | 12,639,686 |
| Widowed | 2,106 | 363,594 | 15,467,586 |
| Divorced | 3,247 | 436,888 | 23,075,029 |
| Number Of House Hold | 14,999 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 3.01 | 2.56 | 2.60 |
| Medial Age | 27.12 | 37.25 | 35.46 |
| Median House Hold Income | $31,186 | $57,698 | $48,276 |
| Average House Hold Income | $42,311 | $75,023 | $63,629 |
| P C I | $14,637 | $29,196 | $24,529 |
| M D I | $27,885 | $48,105 | $41,133 |
| A T H E | $39,158 | $57,083 | $50,898 |
| S T R | 5.00% | 5.00% | — |
| W C J | 74.73% | 81.38% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 8/26/2022. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.