$1,425,000

16a Exeter St Lawrence, MA 01843

South Common Neighborhood

Estimated payment $8,571/month

Total Views 1,572
-- Bed
6 Baths
3,720 Sq Ft
$383 Price per Sq Ft

Highlights

  • Popular Property
  • Corner Lot
  • 4-minute walk to John P. Kane Park

About This Home

16A Exeter St contains a total of six (6) residential units comprised of five (5) 2-bedroom/ 1-bathroom units and one (1) 1-bedroom/ 1-bathroom unit. The building has 3,720 square feet of living area in 5,596 gross square feet on a .23 acre parcel of land. The property is well located in South Lawrence and features nine (9) off-street parking spaces. There have been many recent improvements, including a new stone walkway and steps, updated common areas, new coin-operated washer and dryer, and new windows. The property has a current cap rate of 7.10%.

Listing Agent

Spencer Norton

Horvath & Tremblay Listed on: 06/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,586

Year Built

  • Built in 1970

Lot Details

  • 10,000 Sq Ft Lot
  • Corner Lot

Home Design

  • 3,720 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Full Bathrooms

Parking

  • 9 Car Parking Spaces
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number M:0060 B:0000 L:0041,4201111

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Electric Expense $1,350
  • Insurance Expense $4,371
  • Water Sewer Expense $4,670
  • Operating Expense $30,386
  • Net Operating Income $101,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,586

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1970
  • Levels: 5
  • Sub Agent Compensation: 2
  • Sub Agency Type: %
  • Year Built Details: Approximate
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Above Grade Finished Sq Ft: 3720
  • Living Area: 3720
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN2723
  • LIST PRICE PER Sq Ft: 383.06
  • PRICE PER Sq Ft: 383.06

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 1

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4670

Lot Info

  • Parcel Number: M:0060 B:0000 L:0041,4201111
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10000
  • Lot Size Units: Acres
  • PAGE: 26

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7586
  • Tax Book Number: 18036

Multi Family

  • Electric Expense: 1350
  • Gross Income: 135600
  • Insurance Expense: 4371
  • Net Operating Income: 101200
  • Number Of Units Total: 6
  • Operating Expense: 30386
  • Total Actual Rent: 11150
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

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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 Change Sq Ft Price
06/20/2025 06/20/25 For Sale $1,425,000 -- $383 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73394426

MLS Property Information Network (MLS PIN)

Massachusetts Essex County Lawrence 01843 South Common

16a Exeter St, Lawrence, MA

This home is located at 16a Exeter St, Lawrence, MA 01843 and is currently priced at $1,425,000, approximately $383 per square foot. This property was built in 1970. 16a Exeter St is a home located in Essex County with nearby schools including John Breen School, South Lawrence East Elementary School, and School For Exceptional Studies.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes
Spencer Norton
Listing Agent
Spencer Norton
Section Image
Horvath & Tremblay
(351) 213-7999