Jose Frias
Responds Quickly
Realty ONE Group Nest
(351) 215-0157
129 Total Sales
5 in Tower Hill
$251K - $700K Price Range
40-42 Perry Ave Lawrence, MA 01841
Tower Hill Neighborhood
8
Beds
3
Baths
2,470
Sq Ft
4,000
Sq Ft Lot
Highlights
- Deck
- Loft
- Home Office
- Wood Flooring
- Solid Surface Countertops
- Bathtub with Shower
About This Home
As of September 2025Fully 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.
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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
- Basement Fills Entire Space Under The House
- Washer and Electric Dryer Hookup
Kitchen
- Range
- Solid Surface Countertops
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
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
- Total Actual Rent $1,900
- Rent includes unit 1(water)
- Tax Lot 0023
- Assessor Parcel Number 4212415
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Tower Hill, MA
-
Jose Frias
-
Nick Cuevas
Nick Cuevas
Compass
(781) 776-5198
71 Total Sales
1 in Tower Hill
$485,000 Price
-
Marissa Amin
Marissa Amin
Amo Realty - Boston City Properties
(781) 236-7886
48 Total Sales
1 in Tower Hill
$710,000 Price
-
Matheus Goncalves
Matheus Goncalves
Mega Realty Services Inc
(508) 761-1925
164 Total Sales
1 in Tower Hill
$1,200,000 Price
-
Juan Jaramillo
Juan Jaramillo
(857) 465-4065
60 Total Sales
1 in Tower Hill
$365,000 Price
-
Lia Carminati
Lia Carminati
Be Live in Realty
(617) 500-6025
57 Total Sales
1 in Tower Hill
$652,000 Price
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 |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | Sold | $850,000 | +6.3% | $344 / Sq Ft |
| 08/21/2025 08/21/25 | Pending | -- | -- | -- |
| 08/13/2025 08/13/25 | For Sale | $799,900 | -- | $324 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Agents Affiliated with this Home
-
Treetop Realty Group
Seller's Agent in 2025
Treetop Realty Group
Keller Williams Realty
(781) 205-6099
9 in this area
222 Total Sales
-
Seydyss Barreto
Seller Co-Listing Agent in 2025
Seydyss Barreto
Keller Williams Realty
(978) 475-2111
2 in this area
29 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73417805
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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