$850,000
SOLD DEC 23, 2024

1-3 Colby St Lawrence, MA 01841

Prospect Hill-Back Bay Neighborhood
6 Beds
3 Baths
3,375 Sq Ft
4,934 Sq Ft Lot

Recently Sold

$252 Per Sq Ft

13% Above List Price

7 Days on Market

Highlights

  • Living Room
  • 1 Car Garage
  • Fenced

About This Home

As of December 2024

Welcome to 1-3 Colby Street in Lawrence, MA, an excellent opportunity for both investors and those seeking a convenient living space. This multi-unit property offers functional layouts and great potential, whether you're looking to occupy one of the units or add to your investment portfolio. Each unit features two bedrooms and one full bathroom, providing just the right amount of space for comfortable living. The apartments come equipped with essential appliances, including a range and refrigerator, making the property move-in ready for new tenants or owners. Parking is never a concern here, as each unit has access to a private parking garage, and there are an additional four off-street parking spots available. The lot is paved and fully fenced, offering both convenience and security for residents.

Last Agent to Sell the Property

Glorisell Ortega

View Real Estate Group Listed on: 11/12/2024

Last Buyer's Agent

Michelle Fermin

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,268

Year Built

  • Built in 1900

Lot Details

  • 4,934 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,375 Sq Ft Home
  • Living Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • 60 Amp Service

Community Details

  • 3 Units
  • Property has 1 Level

Listing and Financial Details

  • Assessor Parcel Number M:0052 B:0000 L:0057,4200541

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,268

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Other
  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3375
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN7777
  • MAIN SO: AN4339

Exterior Features

  • Exterior Features: Other
  • Construction Materials: See Remarks
  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Other
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Electric: 60 Amps/Less
  • Water Source: Public
  • Hot Water: Other (See Remarks)

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0052 B:0000 L:0057,4200541
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4934
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6268

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2024 12/23/24 Sold $850,000 +13.3% $252 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $750,000 +93.3% $222 / Sq Ft
07/11/2017 07/11/17 Sold $388,000 +2.1% $115 / Sq Ft View Prior Sale
05/19/2017 05/19/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $379,900 -- $113 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Glorisell Ortega

    Seller's Agent in 2024

    Glorisell Ortega

    View Real Estate Group

    (978) 566-2557

    1 in this area

    58 Total Sales

    Glorisell Ortega
    Section Image
  • Michelle Fermin

    Buyer's Agent in 2024

    Michelle Fermin

    Century 21 North East

    (978) 423-6545

    53 in this area

    1,129 Total Sales

    Michelle Fermin
    Section Image

  • M

    Seller's Agent in 2017

    Mike Armano

    Mike Armano, Real Estate Broker

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73311985

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Lawrence 01841 Prospect Hill-Back Bay

1-3 Colby St, Lawrence, MA

Sold

MultiFamily

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.

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