$1,425,000
SOLD SEP 19, 2025
-- Bed
6 Baths
3,720 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$383 Per Sq Ft

17 Days on Market

About This Home

As of September 2025

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%.

Last Agent to Sell the Property

Spencer Norton

Horvath & Tremblay Listed on: 06/20/2025

Last Buyer's 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

  • Total Actual Rent $11,150
  • 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
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

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

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 Sq Ft: 10000
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7586

Multi Family

  • Electric Expense: 1350
  • 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 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3
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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
09/19/2025 09/19/25 Sold $1,425,000 0.0% $383 / Sq Ft
07/07/2025 07/07/25 Pending -- -- --
06/20/2025 06/20/25 For Sale $1,425,000 -- $383 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73394426

MLS Property Information Network (MLS PIN)