5 Exchange Street

Lawrence, MA 01841

$699,900
Price
8
Beds
3
Baths
2,938 Sq. Ft.
$238 / Sq. Ft.
2,938
Sq. Ft.
$238
per Sq. Ft.

Description

Welcome to your next investment opportunity! This charming 3-family house, settled on a dead-end street, is perfect for both owner occupants and savvy investors alike. The second-floor unit awaits its new occupants has undergone a recent remodel, featuring reset lighting and a refreshed ambiance. This space has been transformed into a cozy retreat for its future occupants. The first-floor unit, is owner occupied boasting a resilient remodel with a contemporary open-concept design; reset lighting,...Welcome to your next investment opportunity! This charming 3-family house, settled on a dead-end street, is perfect for both owner occupants and savvy investors alike. The second-floor unit awaits its new occupants has undergone a recent remodel, featuring reset lighting and a refreshed ambiance. This space has been transformed into a cozy retreat for its future occupants. The first-floor unit, is owner occupied boasting a resilient remodel with a contemporary open-concept design; reset lighting, in need of minor touches to embrace its new occupants. The third-floor unit is occupied, presents an exciting opportunity for those with a creative vision. An open canvas awaits, beckoning you to unleash your imagination and personalize this space to your heart's desire. Don't miss out on the chance to own this versatile property, where possibilities abound. Whether you're looking to be owner occupant or seeking an investment with endless potential! Seller is motivativated offering credit of $10k
  1. Listed by Sadie Camilo • Team Zingales Realty, LLC

Property Details for 5 Exchange Street

Town
Lawrence
MLS Area
North Lawrence
Area
MA-Lawrence-North Lawrence, MA-Lawrence
Garage Spaces
0
Parking Spaces
5.00
Parking Spaces Total
5

Location

Listing Courtesy of Team Zingales Realty, LLC, Sadie Camilo
Add your commute
LISTING UPDATED: 04/24/2024 12:19 PM

Property Details for 5 Exchange Street

StatusActive
MLS #73210708
Days on Market49
Taxes$4,352 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1890
CountyEssex County

Location

Listing Courtesy of Team Zingales Realty, LLC, Sadie Camilo
Add your commute

Building Information for 5 Exchange Street

Stories6Residences3Year Built1890Building Size-Lot Size0.17 AC / 7,200 SF

Payment Calculator

$4,182 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$363

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Exchange Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Public School
  • Living Area: 2938.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Interior Access, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Plywood, Laminate
  • Interior Features: Kitchen, Living RM/Dining RM Combo
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Corner Lot
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
  • Waterfront Features: Waterfront, Canal
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Ductless Mini-Split System
  • Cooling: Yes
  • Heating: Ductless
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Dead End
  • Disclosures: Subject to sellers finding suitable housing. Sold AS-IS Home Inspection for informational Purpose Only. Possible Flood zone,Will Not Qualify for FHASeller is Motivated and Offering Buyer credit of $10k see CLIP DOCS
Tax Information
  • Listing Terms: Delayed Occupancy
  • Tax ID: M:0170 B:0000 L:0144,4208968
  • Assessments: $470,500
  • Book: 92
  • Tax Year: 2024
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 0
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 0
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 5 Exchange 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 5 Exchange Street

Taxable ValueLand$132,200Additions$338,300Total$470,500
Tax Record2024$4,352 ($363 / month)
Home Facts
Baths3Total Finished SqFt2,938 SqFtAbove Grade Finished SqFt2,938 SqFtStories3Lot Size7,200 SqFtStyleTriplexYear Built1890CountyESSEXAPNLAWR M:0170 B:0000 L:0144

Schools near 5 Exchange 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
John K Tarbox
Public1 to 5

School For Exceptional Studies
Public1 to 12

Guilmette Middle School
Public5 to 8

High School Learning Center
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.

Similar Homes

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Similar Sold Homes

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5 Exchange Street is a multi-family home for sale in Lawrence, MA 01841. This property was listed for sale on March 10, 2024 by Team Zingales Realty, LLC, it's currently listed at $699,900. It has been on the market for a total of 49 days and was last sold on April 21, 2011. This listing's school district is Lawrence School District. Nearby schools include John K Tarbox, School For Exceptional Studies and Guilmette Middle School. 5 Exchange Street is a 8-bed, 3-bath, 2,938 sqft multi-family home built in 1890.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Team Zingales Realty, LLC, Sadie Camilo

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.