NOT LISTED FOR SALE

14 Trenton St Unit 16 Lawrence, MA 01841

Arlington Neighborhood

Estimated Value: $804,000 - $885,000

9 Beds
4 Baths
3,633 Sq Ft
$229/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $775,000 $213 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,203/month

2 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Bathtub with Shower
  • Property is near public transit
  • Porch
  • 3-minute walk to Hayden Schofield Playstead

About This Home

As of July 2023

Great opportunity to purchase this large 3 family that was fully redone in 2015. Windows, siding, roof, systems, electrical and interiors all included in the renovation. Lead certs available for each unit and off street driveway for two cars, with "resident only" parking on the street over nights. In addition to recently renovated units, each floor has their own set of washer and dryer hook-ups and the basement has a finished living area, kitchenette and a full bathroom. With rents being well below market, there is a great opportunity to increase the income and collect great returns on your investment for years to come. With the nearby parks, restaurants and public transportation, these rental units will always be in high demand with very little tenant turnover.

Last Agent to Sell the Property

Patrick Hermans

J. Borstell Real Estate, Inc. Listed on: 06/06/2023

Last Buyer's Agent

The Riel Estate Team

Keller Williams Pinnacle Central

Keller Williams Pinnacle Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,037

Year Built

  • Built in 1900

Lot Details

  • 2,373 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,633 Sq Ft Home
  • Storage

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 2 Car Parking Spaces
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • 3 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Tax Lot 0005
  • Assessor Parcel Number 4205952

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Electric Expense $530
  • Insurance Expense $3,256
  • Water Sewer Expense $2,412
  • Operating Expense $6,198
  • Net Operating Income $45,402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,037

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Vinyl, Tile Floor, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Storage, Bathroom With Tub & Shower, Unit 1(Lead Certification Available,Storage,Bathroom With Tub & Shower), Unit 2(Lead Certification Available,Storage,Bathroom With Tub & Shower), Unit 3(Lead Certification Available,Storage,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Office/Den), Unit 3 Rooms(Living Room,Dining Room,Office/Den)
  • Fireplace YN: No
  • Appliances: Gas Water Heater,Tank Water Heaterless, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Laundry Room, Washer Hookup, Unit 1 Laundry Room, Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Full, Partially Finished, Interior Entry, Concrete
  • Living Area: 3633
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: G80038
  • LIST PRICE PER Sq Ft: 191.3
  • PRICE PER Sq Ft: 213.32
  • MAIN SO: K95491

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2412

Lot Info

  • Parcel Number: 4205952
  • Zoning: unkn
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2373
  • Lot Size Units: Acres
  • PAGE: 277
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7037
  • Tax Block: 0000
  • Tax Book Number: 14486
  • Tax Lot: 0005
  • Tax Map Number: 0129

Multi Family

  • Electric Expense: 530
  • Gross Income: 51600
  • Insurance Expense: 3256
  • Net Operating Income: 45402
  • Number Of Units Total: 3
  • Operating Expense: 6198
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2010
Sold by
Donnelly Michael W and Kelly Brian P
Bought by
Deutsche Bank Natl T C
Total Days on Market
2
Current Estimated Value
$831,567

Purchase Details

Closed on
Oct 8, 2008
Sold by
Bulnes Jose and Deutsche Bank Natl T C
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
Dec 21, 2004
Sold by
Donnelly Michael W and Kelly Brian P
Bought by
Bulnes Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,400
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1994
Sold by
Fnma
Bought by
D & K Rt

Purchase Details

Closed on
Nov 6, 1990
Sold by
Levis Joseph G
Bought by
Roberto Joseph P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Deutsche Bank Natl T C -- --
Deutsche Bank Natl T C $320,875 --
Bulnes Jose $363,000 --
D & K Rt $19,000 --
Roberto Joseph P $125,000 --
Roberto Joseph P $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D & C Properties Llc $570,000
Closed Cincotta Carl J $262,500
Previous Owner Bulnes Jose $290,400
Previous Owner Bulnes Jose $54,450
Previous Owner Roberto Joseph P $150,000
Previous Owner Roberto Joseph P $54,500
Previous Owner Roberto Joseph P $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $775,000 +11.5% $213 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $695,000 +98.6% $191 / Sq Ft
12/23/2015 12/23/15 Sold $350,000 -5.4% $96 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
10/10/2015 10/10/15 For Sale $369,900 -- $102 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,684 $759,500 $90,200 $669,300
2024 $6,874 $743,100 $94,700 $648,400
2023 $7,037 $692,600 $91,500 $601,100
2022 $6,577 $574,900 $86,200 $488,700
2021 $6,191 $504,600 $86,200 $418,400
2020 $5,779 $464,900 $71,900 $393,000
2019 $5,892 $430,700 $53,400 $377,300
2018 $5,774 $403,200 $48,400 $354,800
2017 $5,357 $349,200 $45,800 $303,400
2016 $3,283 $211,700 $35,800 $175,900
2015 $3,149 $208,300 $35,800 $172,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73121103

MLS Property Information Network (MLS PIN)

APN: LAWR-000129-000000-000005-000001-000001