357 Howard St Unit 361 Lawrence, MA 01841
Prospect Hill-Back Bay NeighborhoodEstimated payment $6,596/month
Highlights
- Medical Services
- Covered Patio or Porch
- Park
- Property is near public transit
- Living Room
- Storage
About This Home
This rare 4 family compound offers exceptional versatility and strong income potential, featuring a classic triple-decker and a detached single-family home. Each unit in the 3-family building includes three spacious bedrooms, an open floor plan, and a full bath, providing comfortable and functional living for tenants. The detached single-family home features two bedrooms and its own private space—ideal for additional rental income or extended family use. All units offer separate utilities with washer and dryer hookups in the basement for added convenience. With the third-floor unit currently vacant, this property presents an excellent opportunity for an owner-occupant or investor looking to expand their portfolio. Conveniently located near major highways, shopping, schools, and public transportation, this is a rare find in today’s market!
Co-Listing Agent
Ashley DeCotis
Lyv Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,978
Year Built
- Built in 1880
Lot Details
- 10,018 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Block Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 5,007 Sq Ft Home
- Living Room
- Dining Room
- Storage
- Range
Bedrooms and Bathrooms
- 11 Bedrooms
- 4 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 5 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Covered Patio or Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Baseboard Heating
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number M:0069 B:0000 L:0064
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Net Operating Income $75,804
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,571 | $746,700 | $102,100 | $644,600 |
| 2024 | $7,006 | $757,400 | $98,700 | $658,700 |
| 2023 | $6,931 | $682,200 | $85,100 | $597,100 |
| 2022 | $6,516 | $569,600 | $79,000 | $490,600 |
| 2021 | $6,123 | $499,000 | $79,000 | $420,000 |
| 2020 | $5,224 | $420,300 | $63,300 | $357,000 |
| 2019 | $5,133 | $375,200 | $65,500 | $309,700 |
| 2018 | $5,145 | $359,300 | $59,600 | $299,700 |
| 2017 | $5,148 | $335,600 | $58,900 | $276,700 |
| 2016 | $5,653 | $364,500 | $60,000 | $304,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2025 10/15/25 | Pending | -- | -- | -- | |
| 10/08/2025 10/08/25 | For Sale | $1,099,000 | +546.5% | $219 / Sq Ft | |
| 03/28/2014 03/28/14 | Sold | $170,000 | -39.0% | $45 / Sq Ft | View Prior Sale |
| 02/26/2014 02/26/14 | Pending | -- | -- | -- | |
| 12/09/2013 12/09/13 | For Sale | $278,800 | -- | $75 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $85,000 | -- | |
| Deed | $370,000 | -- | |
| Deed | $155,000 | -- | |
| Deed | $85,000 | -- | |
| Deed | $42,580 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $249,000 | Purchase Money Mortgage | |
| Previous Owner | $356,721 | Purchase Money Mortgage | |
| Previous Owner | $154,921 | Purchase Money Mortgage | |
| Previous Owner | $59,500 | Commercial | |
| Previous Owner | $47,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73440947
APN: LAWR M:0069 B:0000 L:0064
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