202-204 Lawrence Street

Lawrence, MA 01841

$340,000
Last Sold Price
21
Beds
6
Baths
5,194 Sq. Ft.
$65 / Sq. Ft.
5,194
Sq. Ft.
$65
per Sq. Ft.

Description

Vinyl sided 6 family with large three and four bedroom units, lead certificates for all units, great rental history, numbers work for the investor seeking income. Grosses over $57,000.00/Year with room for rental increases. Upgraded electric and central heat(6 seperate units, 3 newer and 6 newer hot water heaters! 5 Kitchens renovated over the last 2 years, all baths renovated in the last 5 years. Large 3 and 4 bedroom units, easy to rent. Great Investment!Vinyl sided 6 family with large three and four bedroom units, lead certificates for all units, great rental history, numbers work for the investor seeking income. Grosses over $57,000.00/Year with room for rental increases. Upgraded electric and central heat(6 seperate units, 3 newer and 6 newer hot water heaters! 5 Kitchens renovated over the last 2 years, all baths renovated in the last 5 years. Large 3 and 4 bedroom units, easy to rent. Great Investment!
  1. Listed by David Guselli • First Choice Realty Group

Property Details for 202-204 Lawrence Street

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

Location

Listing Courtesy of First Choice Realty Group, David Guselli

Sold By First Choice Realty Group, Team 1

Add your commute
LISTING UPDATED: 08/06/2022 05:19 AM

Property Details for 202-204 Lawrence Street

StatusSold
MLS #71202131
Days on Market715
Taxes$2,987 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1920
CountyEssex County

Location

Listing Courtesy of First Choice Realty Group, David Guselli

Sold By First Choice Realty Group, Team 1

Add your commute

Building Information for 202-204 Lawrence Street

Stories7Residences6Year Built1920Building Size-Lot Size0.10 AC / 4,211 SF

Payment Calculator

$2,104 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,856

Property Taxes

$249

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
  • Community Features: Public Transportation, Park, Other (See Remarks)
  • Current Financing: Conv. Fixed
  • Living Area: 5194.0
  • Color: White
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • High School: Lawrence High
Features
Interior Features
  • Appliances: Unit 4(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Basement Features: Full
  • 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
  • Flooring: Wood, Tile, Carpet
  • Interior Features: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available), Unit 3(Lead Certification Available), Unit 4(Lead Certification Available), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Laundry Features: Washer Hookup
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Lot Description: Other
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Other
  • Parking Features: Other
Utilities
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Cooling: No
  • Electric: Circuit Breakers, Other (See Remarks)
  • Heating: Unit 1(Central Heat, Gas), Unit 2(Central Heat, Unit 3(Central Heat, Unit 4(Central Heat
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, Washer Hookup
  • Water: Public, City/Town Water
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
Tax Information
  • Listing Terms: Other (See Remarks)
  • Tax ID: 4207468
  • Assessments: $237,700
  • Block: 0000
  • Book: 5882
  • Lot: 0132
  • Map: 0150
  • Tax Year: 2010
  • Zoning: R
Building / Association Information
Living Characteristics
  • Beds Total: 21
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • Electricity: $80.00
  • Annual Expenses Source: Other (See Remarks)
  • GOI: $65,400.00
  • Gross Scheduled Income: $35.00
  • GRE: $665
  • RME: $300
  • NOI: $44,935.00
  • Operating Expense: $665.00
  • WSE: $250.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,650.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 2.0

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 First Choice Realty Group, David Guselli

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.