NOT LISTED FOR SALE

53 Newbury St Unit 53A Lawrence, MA 01840

Downtown Lawrence Neighborhood
13 Beds
6 Baths
3,761 Sq Ft
2,178 Sq Ft Lot

Last Sold October 25, 2021

Last sale price $950,000 $253 Per Sq Ft

13 Days on Market

About This Home

As of October 2021

Large well maintained 6-Family property with 13 bedrooms. The building consists of three 1-bedroom units, two 3-bedroom units and one 4-bedroom unit. Apartments are new renovations well kept and are currently leased-- T.A.W. The utilities are separately metered and the roof was replaced last year. Easy access to public transit and highways. Seller is marketing 4 properties in the area, including next door, which can be sold as a package. First showings at Open House 8/7/21 + 8/8/21 from 11-12.

Last Agent to Sell the Property

Andrew Haddad

Northeast Development & Investment, Inc. Listed on: 08/05/2021

Last Buyer's Agent

Johan Lopez

Home Shop Properties, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 2,178

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Corner of Newbury and Garden.
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Has Basement: Dirt Floor
  • MAIN LO: NB4939
  • MAIN SO: AC0594
  • Full Bathrooms: 6
  • Total Bedrooms: 13
  • Fireplace: No
  • Stories: 9

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • LOT SIZE: 2026
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 2178
  • Zoning: Res

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3
  • Annual Gross Income: 93600
  • Property Net Operating Income: 79036
  • Number Of Units Total: 6
  • Annual Operating Expense: 14564
  • Total Actual Rent: 7800

Tax Info

  • Tax Annual Amount: 4912.91
  • Tax Book Number: 15778
  • Tax Year: 2021

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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 List to Sale Price per Sq Ft Prior Sale
10/25/2021 10/25/21 Sold $950,000 -4.9% $253 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $999,000 +399.5% $266 / Sq Ft
03/07/2019 03/07/19 Sold $200,000 -40.3% $53 / Sq Ft View Prior Sale
11/15/2018 11/15/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $335,000 -- $89 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andrew Haddad

    Northeast Development & Investment, Inc.

    (508) 889-5962

    2 in this area

    35 Total Sales

    Andrew Haddad
    Section Image
  • Johan Lopez

    Buyer's Agent in 2021

    Johan Lopez

    Home Shop Properties, Inc.

    (978) 804-7425

    9 in this area

    52 Total Sales

    Johan Lopez
    Section Image

  • K

    Seller's Agent in 2019

    Kathleen DiMauro

    Coldwell Banker Realty - Lynnfield

    13 Total Sales

    Kathleen DiMauro
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72877127

MLS Property Information Network (MLS PIN)

APN: LAWR M:0087 B:0000 L:0003

Massachusetts Essex County Lawrence 01840 Downtown Lawrence

53 Newbury St Unit 53A, Lawrence, MA

Not Listed for Sale

MultiFamily

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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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