202-204 Lawrence Street

Lawrence, MA 01841

$937,000
Last Sold Price
21
Beds
6
Baths
8,166 Sq. Ft.
$115 / Sq. Ft.
8,166
Sq. Ft.
$115
per Sq. Ft.

Description

Property consists of 6-units, (3) 3-bed/ 1-bath units and (3) 4-bed/ 1-bath units. Gross rent roll for the year is $105,300. All 6-units have separately metered utilities. The property is a value-add opportunity through raising rents with programmatic updating of the units. 8.07% current cap rate.Property consists of 6-units, (3) 3-bed/ 1-bath units and (3) 4-bed/ 1-bath units. Gross rent roll for the year is $105,300. All 6-units have separately metered utilities. The property is a value-add opportunity through raising rents with programmatic updating of the units. 8.07% current cap rate.
  1. Listed by Spencer Norton • Horvath & Tremblay

Property Details for 202-204 Lawrence Street

Town
Lawrence
Area
MA-Lawrence
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of Horvath & Tremblay, Spencer Norton

Sold By Stony Brook & Lennox Realty Advisors, Markese Daise

Add your commute
LISTING UPDATED: 08/06/2022 07:51 AM

Property Details for 202-204 Lawrence Street

StatusSold
MLS #72923539
Days on Market8
Taxes$9,658 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1920
CountyEssex County

Location

Listing Courtesy of Horvath & Tremblay, Spencer Norton

Sold By Stony Brook & Lennox Realty Advisors, Markese Daise

Add your commute

Building Information for 202-204 Lawrence Street

Stories9Residences6Year Built1920Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$5,918 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,114

Property Taxes

$805

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 202-204 Lawrence Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 8166.0
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 4207468
  • Assessments: $787,100
  • Book: 13516
  • Tax Year: 2021
  • Zoning: B2
Building / Association Information
Living Characteristics
  • Beds Total: 21
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $105,300.00
  • GRE: $25,384
  • NOI: $74,651.00
  • Operating Expense: $25,384.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $8,775.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 1%

Property History for 202-204 Lawrence Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 202-204 Lawrence Street

Taxable ValueLand$111,000Additions$859,100Total$970,100
Tax Record2024$8,973 ($748 / month)
Home Facts
Baths6Total Finished SqFt7,392 SqFtAbove Grade Finished SqFt7,392 SqFtStories3Lot Size4,211 SqFtStyleMulti-Family Res (5+ Units)Year Built1920CountyESSEXAPNLAWR M:0150 B:0000 L:0132 B

Schools near 202-204 Lawrence Street

This home is within Lawrence School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 1 to 12
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Oliver Partnership School
Public1 to 5

School For Exceptional Studies
Public1 to 12

Frost Middle School
Public5 to 8

Lawrence High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Horvath & Tremblay, Spencer Norton

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.