NOT LISTED FOR SALE

152-154 Prospect St Lawrence, MA 01841

Prospect Hill-Back Bay Neighborhood
11 Beds
6 Baths
3,747 Sq Ft
3,087 Sq Ft Lot

Last Sold June 10, 2024

Last sale price $1,100,000 $294 Per Sq Ft

14 Days on Market

About This Home

As of June 2024

Great opportunity to own solid 6-family. Great long term tenants, positive cash flow, sought-after location, close to highway, shopping, public transportation. 1 four bedroom unit, 1 three bedroom unit, 2 two bedrooms units and 2 one bedroom units

Last Agent to Sell the Property

Michelle Fermin

Century 21 North East Listed on: 03/14/2024

Century 21 North East

Co-Listed By

Kennia Mejia

Realty ONE Group Nest

Last Buyer's Agent

Kathy Pappas

RE/MAX Innovative Properties

RE/MAX Innovative Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,913

Year Built

  • Built in 1900

Lot Details

  • 3,087 Sq Ft Lot

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 3,747 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Parking

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

Listing and Financial Details

  • Total Actual Rent $6,020
  • Assessor Parcel Number 4202995

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Electric Expense $300
  • Insurance Expense $4,905
  • Water Sewer Expense $2,331
  • Operating Expense $17,560
  • Net Operating Income $86,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,913

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • 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: 10

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 11
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full
  • Living Area: 3747
  • Spa YN: No
  • Stories Total: 10
  • MAIN LO: AN4339
  • MAIN SO: AN3560

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2331

Lot Info

  • Parcel Number: 4202995
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3087
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6913

Multi Family

  • Electric Expense: 300
  • Insurance Expense: 4905
  • Net Operating Income: 86180
  • Number Of Units Total: 6
  • Operating Expense: 17560
  • Total Actual Rent: 6020
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
06/10/2024 06/10/24 Sold $1,100,000 0.0% $294 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $1,100,000 +21.5% $294 / Sq Ft
09/21/2022 09/21/22 Sold $905,000 -9.5% $242 / Sq Ft View Prior Sale
07/22/2022 07/22/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $999,999 -- $267 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michelle Fermin

    Seller's Agent in 2024

    Michelle Fermin

    Century 21 North East

    (978) 423-6545

    53 in this area

    1,134 Total Sales

    Michelle Fermin
    Section Image

  • K

    Seller Co-Listing Agent in 2024

    Kennia Mejia

    Realty ONE Group Nest

    (978) 360-7273

    5 in this area

    40 Total Sales

    Kennia Mejia
    Section Image
  • Kathy Pappas

    Buyer's Agent in 2024

    Kathy Pappas

    RE/MAX

    (978) 423-4860

    1 in this area

    29 Total Sales

    Kathy Pappas
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73212315

MLS Property Information Network (MLS PIN)

APN: LAWR M:0088 B:0000 L:0121

Massachusetts Essex County Lawrence 01841 Prospect Hill-Back Bay

152-154 Prospect St, Lawrence, MA

Not Listed for Sale

MultiFamily

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