NOT LISTED FOR SALE

202 Lawrence St Lawrence, MA 01841

Arlington Neighborhood
21 Beds
6 Baths
8,166 Sq Ft
4,356 Sq Ft Lot

Last Sold March 10, 2022

Last sale price $937,000 $115 Per Sq Ft

7 Days on Market

About This Home

As of March 2022

Property consists of 6-units, (3) 3-bed/ 1-bath units and (3) 4-bed/ 1-bath units. Gross rent roll for the year is $105,300. All 6-units have separately metered utilities. The property is a value-add opportunity through raising rents with programmatic updating of the units. 8.07% current cap rate.

Last Agent to Sell the Property

Spencer Norton

Horvath & Tremblay Listed on: 11/29/2021

Last Buyer's Agent

Markese Daise

Stony Brook & Lennox Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,658

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • 8,166 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 6 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Listing and Financial Details

  • Total Actual Rent $8,775
  • Assessor Parcel Number 4207468

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Operating Expense $25,384
  • Net Operating Income $74,651

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,658

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1920
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 21
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Living Area: 8166
  • Stories Total: 9
  • MAIN LO: AN2723
  • LIST PRICE PER Sq Ft: 113.27
  • PRICE PER Sq Ft: 114.74
  • MAIN SO: AN7064

Exterior Features

  • Foundation Details: Stone
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 4207468
  • Zoning: B2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4356
  • PAGE: 0011

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9658
  • Tax Book Number: 13516

Multi Family

  • Gross Income: 105300
  • Net Operating Income: 74651
  • Number Of Units Total: 6
  • Operating Expense: 25384
  • Total Actual Rent: 8775
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 3
  • FLRS 2: 2

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
03/10/2022 03/10/22 Sold $937,000 +1.3% $115 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $925,000 +172.1% $113 / Sq Ft
06/18/2013 06/18/13 Sold $340,000 -8.1% $65 / Sq Ft
05/19/2013 05/19/13 Pending -- -- --
03/18/2011 03/18/11 For Sale $369,900 -- $71 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Spencer Norton

    Seller's Agent in 2022

    Spencer Norton

    Horvath & Tremblay

    (781) 776-4524

    2 in this area

    16 Total Sales

    Spencer Norton
    Section Image
  • Markese Daise

    Buyer's Agent in 2022

    Markese Daise

    Stony Brook & Lennox Realty Advisors

    (617) 905-4014

    1 in this area

    70 Total Sales

    Markese Daise
    Section Image

  • D

    Seller's Agent in 2013

    David Guselli

    First Choice Realty Group

    Section Image

  • T

    Buyer's Agent in 2013

    TEAM 1

    First Choice Realty Group

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72923539

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Lawrence 01841 Arlington

202 Lawrence St, Lawrence, MA

This home is located at 202 Lawrence St, Lawrence, MA 01841 since 29 November 2021. This property was built in 1920. 202 Lawrence St is a home located in Essex County with nearby schools including 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.

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