Jose Frias
Responds Quickly
Realty ONE Group Nest
(351) 215-0157
129 Total Sales
7 in Prospect Hill-Back Bay
$465K - $980K Price Range
373 Howard St Lawrence, MA 01841
Prospect Hill-Back Bay Neighborhood
15
Beds
6
Baths
7,434
Sq Ft
7,185
Sq Ft Lot
About This Home
As of June 2024Meticulously 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.
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2024
Closed on
May 29, 2024
Sold by
Bought by
Seller's Agent
Patrick Hermans
J. Borstell Real Estate, Inc.
Buyer's Agent
Emmanuel Frias
Home Realty Group LLC
List Price
$1,149,900
Sold Price
$1,210,000
Premium/Discount to List
$60,100
5.23%
Views
65
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$880,574
Interest Rate
7.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 23, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,250
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2008
Sold by
Bought by
Purchase Details
Closed on
Feb 9, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Prospect Hill-Back Bay, MA
-
Jose Frias
-
Justin Haley
Justin Haley
Responds QuicklyCompass New England, LLC
(279) 205-3046
51 Total Sales
1 in Prospect Hill-Back Bay
$769,000 Price
-
Johnny Long
Johnny Long
PRIVI Realty LLC
(857) 353-8035
168 Total Sales
1 in Prospect Hill-Back Bay
$700,000 Price
-
Elizabeth Carrison
Elizabeth Carrison
RI Real Estate Services
(401) 298-9143
65 Total Sales
1 in Prospect Hill-Back Bay
$700,000 Price
-
North Star Group
North Star Group
Real Broker MA, LLC
(857) 240-5268
110 Total Sales
1 in Prospect Hill-Back Bay
$200,000 Price
-
Team Valdez Mejia
Team Valdez Mejia
Keller Williams Realty
(351) 208-2030
158 Total Sales
8 in Prospect Hill-Back Bay
$280K - $915K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,210,000 | None Available | ||
| $575,000 | -- | ||
| -- | -- | ||
| $445,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $900,000 | ||
| Previous Owner | $531,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,611 | $1,205,800 | $136,700 | $1,069,100 |
| 2024 | $9,166 | $990,900 | $132,100 | $858,800 |
| 2023 | $9,030 | $888,800 | $113,900 | $774,900 |
| 2022 | $8,765 | $766,200 | $105,700 | $660,500 |
| 2021 | $8,485 | $691,500 | $105,700 | $585,800 |
| 2020 | $6,789 | $546,200 | $84,700 | $461,500 |
| 2019 | $4,895 | $357,800 | $87,700 | $270,100 |
| 2018 | $5,257 | $367,100 | $79,800 | $287,300 |
| 2017 | $5,522 | $360,000 | $78,900 | $281,100 |
| 2016 | $4,791 | $308,900 | $52,600 | $256,300 |
| 2015 | $4,577 | $302,700 | $52,600 | $250,100 |
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
45 Total Sales
-
Emmanuel Frias
Buyer's Agent in 2024
Emmanuel Frias
Home Realty Group LLC
(978) 377-1884
5 in this area
106 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73218811
APN: LAWR M:0069 B:0000 L:0063 3
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.
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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