T
Seller's Agent in 2024
The Matt Witte Team
William Raveis R.E. & Home Services
(978) 273-0099
1 in this area
214 Total Sales
72 Water St Unit 74 Lawrence, MA 01841
Tower Hill NeighborhoodEstimated Value: $833,000 - $898,000
9
Beds
3
Baths
4,098
Sq Ft
$210/Sq Ft
Est. Value
About This Home
As of May 2024First open house Feb 3 and 4. Welcome to this excellent investment opportunity in the heart of Lawrence, MA. This well-maintained 3-unit property at 72-74 Water St presents a prime chance for rental income in a classic New England neighborhood. Unit 1 on the first floor offers three bedrooms, a spacious kitchen, and access to a private backyard. Unit 2 on the second floor features three bedrooms, a cozy living room, and hardwood floors. Unit 3 on the third floor has three bedrooms, a bright living area, and skylights. With separate utilities, off-street parking, and proximity to local amenities, this property is a smart choice for investors seeking a reliable income stream. Its convenient location, near schools and transportation options, further enhances its appeal. Don't miss the opportunity to explore the potential of 72-74 Water St
Last Agent to Sell the Property
William Raveis R.E. & Home Services Listed on: 01/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,590
Year Built
- Built in 1910
Lot Details
- 2,584 Sq Ft Lot
- Property fronts an easement
- Fenced
Home Design
- Block Foundation
Interior Spaces
- 4,098 Sq Ft Home
- Combination Dining and Living Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Driveway
- On-Street Parking
- Open Parking
Schools
- Guilmette Elementary School
- Guilmette Middle School
- Lawrence High School
Listing and Financial Details
- Total Actual Rent $5,400
- Assessor Parcel Number M:0143 B:0000 L:0007 2,4300016
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $64,800
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Rodriguez Carlos | $760,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $800,000 | 0.0% | $195 / Sq Ft |
| 03/03/2024 03/03/24 | Pending | -- | -- | -- |
| 01/25/2024 01/25/24 | For Sale | $799,900 | -- | $195 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| 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 | $5,947 | $675,800 | $92,500 | $583,300 |
| 2024 | $5,590 | $604,300 | $97,200 | $507,100 |
| 2023 | $5,730 | $564,000 | $93,900 | $470,100 |
| 2022 | $5,385 | $470,700 | $88,500 | $382,200 |
| 2021 | $5,101 | $415,700 | $88,500 | $327,200 |
| 2020 | $4,737 | $381,100 | $73,700 | $307,400 |
| 2019 | $4,543 | $332,100 | $54,800 | $277,300 |
| 2018 | $4,443 | $310,300 | $49,600 | $260,700 |
| 2017 | $4,143 | $270,100 | $47,100 | $223,000 |
| 2016 | $3,882 | $250,300 | $36,700 | $213,600 |
| 2015 | $3,721 | $246,100 | $36,700 | $209,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Buyer's Agent in 2024
Daniel Singh
International Real-Estate Investment Group
1 in this area
9 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73196536
APN: LAWR-000143-000000-000007-000002-000002
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.
Nearby Homes
- 145 Water St
- 55-59 Water St
- 112-116 Hancock St
- 58 Crosby St
- 406-408 Lowell St
- 59 Kingston St Unit 63
- 2 Lansdowne Ct
- 13 Kingston St
- 42 Morton St
- 514 Haverhill St
- 17-19 Cypress St
- 39-41 Tyler St
- 34-38 Milton St
- 15 Crescent St Unit E
- 128 Butler St Unit 128
- 1008 Essex St Unit 1010
- 21-23 Bigelow St
- 324-326 Broadway
- 23 Bowdoin St Unit 25
- 49 Bowdoin St Unit 51
- 76 Water St Unit 78
- 76-78 Water St
- 66 Water St Unit 68
- 66-68 Water St
- 62-64 Water St
- 62 Water St Unit 64
- 0 Water St Unit 2
- 82 Water St
- 82 Water St Unit 1
- 82 Water St Unit 2
- 80 Water St
- 80 Water St Unit 1
- 43 Water St
- 55 Water St
- 75 Bay State Rd
- 8 Bennett St Unit 10
- 19 Bennett St
- 32-34 Water St
- 73 Water St Unit 75
- 75 Water St