$799,900
OPEN SUN 11AM - 12:30PM

40-42 Perry Ave Lawrence, MA 01841

Tower Hill Neighborhood

Estimated payment $4,867/month

Total Views 1,329
8 Beds
3 Baths
2,470 Sq Ft
$324 Price per Sq Ft

Highlights

  • Very Popular Property
  • Wood Flooring
  • Solid Surface Countertops
  • Deck
  • Loft
  • Home Office

About This Home

Fully renovated just 7 years ago, this well-maintained two-family home on the Methuen line offers exceptional versatility for owner-occupants or investors. Both the first and second floors feature 3 bedrooms and 1 full bath, with bright, inviting living spaces, hardwood-style flooring, and abundant natural light. The main unit’s kitchen is updated with granite countertops, stainless steel appliances, and ample cabinetry, while the upper unit offers the same bedroom and bath count in a slightly more compact layout with a well-appointed kitchenette ideal for rental income, extended family, or guests. The finished third level provides additional in-law–style living space, perfect for a home office, guest suite, or recreation area. Separate utilities offer convenience and privacy, and the fenced backyard with off-street parking enhances the property’s appeal. Located close to shopping, dining, schools, and major commuter routes, this turnkey property is a smart and flexible investment.

Listing Agent

Treetop Realty Group

Keller Williams Realty Listed on: 08/13/2025

Keller Williams Realty

Co-Listing Agent

Seydyss Barreto

Keller Williams Realty

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,843

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Studio
  • Frame Construction
  • Wood Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,470 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Home Office
  • Loft
  • Wood Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Community Details

  • 2 Units
  • Net Operating Income $22,800

Listing and Financial Details

  • Rent includes unit 1(water)
  • Tax Lot 0023
  • Assessor Parcel Number 4212415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,843

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1920
  • Levels: 3
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: No
  • Special Features: OpenHouse
  • Stories: 3

Interior Features

  • Flooring: Stone/Ceramic Tile, Hardwood
  • Interior Amenities: Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Studio, Stone/Granite/Solid Counters, Living Room, Kitchen, Loft, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Concrete
  • Above Grade Finished Sq Ft: 2470
  • Living Area: 2470
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: G95022
  • LIST PRICE PER Sq Ft: 323.85
  • PRICE PER Sq Ft: 323.85

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Wood
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4212415
  • Zoning: RE
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • PAGE: 168

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5843
  • Tax Block: 0000
  • Tax Book Number: 15605
  • Tax Lot: 0023
  • Tax Map Number: 0240

Multi Family

  • Gross Income: 22800
  • Net Operating Income: 22800
  • Number Of Units Total: 2
  • Total Actual Rent: 1900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Map

Range of Values:

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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
08/13/2025 08/13/25 For Sale $799,900 -- $324 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73417805

MLS Property Information Network (MLS PIN)

Massachusetts Essex County Lawrence 01841 Tower Hill

40-42 Perry Ave, Lawrence, MA

This home is located at 40-42 Perry Ave, Lawrence, MA 01841 and is currently priced at $799,900, approximately $323 per square foot. This property was built in 1920. 40-42 Perry Ave is a home located in Essex County with nearby schools including Gerard A. Guilmette School, School For Exceptional Studies, and Lawrence Family Development Charter School.

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Nearby Homes
Treetop Realty Group
Listing Agent
Treetop Realty Group
Section Image
Keller Williams Realty
(351) 277-3803