NOT LISTED FOR SALE

373 Howard St Lawrence, MA 01841

Prospect Hill-Back Bay Neighborhood
15 Beds
6 Baths
7,434 Sq Ft
7,185 Sq Ft Lot

Last Sold June 03, 2024

Last sale price $1,210,000 $163 Per Sq Ft

3 Days on Market

About This Home

As of June 2024

Meticulously maintained and very large 6 unit property with three 3-bedroom units, three 2-bedroom units as well as 14 off street parking spaces for tenants and management. The property is separately metered and boasts many interior updates to go along with the new exterior, making this a great property for any investor's portfolio and an easy one to manage. This turnkey building, with its large units and off street parking, will always have high renter demand. Conveniently located, just a couple of minutes off of I495, with bus stops located at the end of the street. Adding to its convenience, the property is just a couple of blocks from Lawrence General and tenants can enjoy both Storrow and Dr Nina Scarita park within walking distance.

Last Agent to Sell the Property

Patrick Hermans

J. Borstell Real Estate, Inc. Listed on: 04/02/2024

Last Buyer's Agent

Emmanuel Frias

Home Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,166

Year Built

  • Built in 1900

Lot Details

  • 7,185 Sq Ft Lot
  • Corner Lot

Home Design

  • 7,434 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 6 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 14 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • 6 Heating Zones

Listing and Financial Details

  • Total Actual Rent $6,950
  • Tax Lot 0063
  • Assessor Parcel Number 4549911

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Electric Expense $671
  • Insurance Expense $5,377
  • Water Sewer Expense $3,205
  • Operating Expense $10,168
  • Net Operating Income $90,032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,166

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Buyer Agency: 1.5
  • Transaction Broker: 0
  • 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: 9

Interior Features

  • Flooring: Wood, Tile, Vinyl
  • Fireplace YN: No
  • Total Bedrooms: 15
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Interior Entry
  • Living Area: 7434
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: G80038
  • LIST PRICE PER Sq Ft: 154.68
  • PRICE PER Sq Ft: 162.77
  • MAIN SO: AN7256

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 14

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3205

Lot Info

  • Parcel Number: 4549911
  • Zoning: unkn
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7185
  • Lot Size Units: Acres
  • PAGE: 347
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9166
  • Tax Block: 0000
  • Tax Book Number: 16050
  • Tax Lot: 0063
  • Tax Map Number: 0069

Multi Family

  • Electric Expense: 671
  • Gross Income: 100200
  • Insurance Expense: 5377
  • Net Operating Income: 90032
  • Number Of Units Total: 6
  • Operating Expense: 10168
  • Total Actual Rent: 6950
  • 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: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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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
06/03/2024 06/03/24 Sold $1,210,000 +5.2% $163 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $1,149,900 -- $155 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patrick Hermans

    Seller's Agent in 2024

    Patrick Hermans

    J. Borstell Real Estate, Inc.

    (978) 580-7157

    1 in this area

    53 Total Sales

    Patrick Hermans
    Section Image
  • Emmanuel Frias

    Buyer's Agent in 2024

    Emmanuel Frias

    Home Realty Group LLC

    (978) 377-1884

    8 in this area

    127 Total Sales

    Emmanuel Frias
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73218811

MLS Property Information Network (MLS PIN)

APN: LAWR M:0069 B:0000 L:0063 3

Massachusetts Essex County Lawrence 01841 Prospect Hill-Back Bay

373 Howard St, Lawrence, MA

This home is located at 373 Howard St, Lawrence, MA 01841 since 02 April 2024. This property was built in 1900. 373 Howard St is a home located in Essex County with nearby schools including James F. Hennessey School, School For Exceptional Studies, and Community Day Charter Public School - Gateway.

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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