NOT LISTED FOR SALE

48-50 Cambridge St Lawrence, MA 01843

South Common Neighborhood
7 Beds
3.5 Baths
3,555 Sq Ft
5,000 Sq Ft Lot

Last Sold September 20, 2024

Last sale price $775,000 $218 Per Sq Ft

5 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • 1-minute walk to Stockton Park

About This Home

As of September 2024

Check out this solid, Duplex style 2-family with ample living space and an owner's in-law apt.. Each side offers a large foyer, living room, dining room, eat-in kitchen, 3 bedrooms and a full bath, with the owner's side having a 1/4 bath on the 1st floor and a 3-room in-law apt. on the 3rd floor. Vinyl siding, D/G windows, and a fenced yard are some of the amenities. There are 2 front and 2 side porches, plus the in-law apt has a nice deck on the back side with exterior stairs to the fenced back yard. Right side of roof was done about 3 years ago and the left side about 15 years ago. Each side has access to a full basement which offers lots of storage space and built-in shelving, plus w/d hook-ups for the owner. This property is perfect for an owner-occupant and could great for an investor too.

Last Agent to Sell the Property

Rick Coco

RE/MAX Partners Listed on: 08/08/2024

RE/MAX Partners

Last Buyer's Agent

Jonathan Abreu

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,220

Year Built

  • Built in 1915

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,555 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Window Screens
  • Living Room
  • Dining Room
  • Storm Doors
  • Range
  • Washer Hookup

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Bathtub with Shower

Basement

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

Outdoor Features

  • Bulkhead
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Separate Meters
  • 110 Volts
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $1,500
  • Rent includes unit 1(water)
  • Assessor Parcel Number 4202354

Community Details

Overview

  • 2 Units
  • Property has 2 Levels

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,220

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1915
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood, Tile, Vinyl, Laminate, Stone/Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Bathroom With Tub & Shower, Cathedral/Vaulted Ceilings, Living Room, Dining Room, Kitchen
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Bulkhead, Concrete
  • Living Area: 3555
  • Spa YN: No
  • Stories Total: 5
  • Window Features: Skylight(s), Insulated Windows, Screens
  • MAIN LO: G62134
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Washer Hookup, Varies per Unit
  • Cooling: None
  • Heating: Baseboard, Natural Gas, Wall Unit
  • Cooling Y N: No
  • Electric: 110 Volts, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, Sidewalks
  • Rent Includes: Unit 1(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4202354
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6220

Multi Family

  • Net Operating Income: 18000
  • Number Of Units Total: 2
  • Total Actual Rent: 1500
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $775,000 +6.9% $218 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $725,000 -- $204 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rick Coco

    The Carroll Team

    Section Image
  • Jonathan Abreu

    Buyer's Agent in 2024

    Jonathan Abreu

    eXp Realty

    (617) 991-4331

    1 in this area

    44 Total Sales

    Jonathan Abreu
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73275301

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Lawrence 01843 South Common

48-50 Cambridge St, Lawrence, MA

Not Listed for Sale

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