161-163 Union St, Lawrence MA 01841

Lawrence, MA 01841 • North Lawrence
$830,000
Est. $4,418/month
12
Beds
6
Baths
4,842
Sq Ft
$171
Price/Sq Ft
0.11
Acres
1910
Year Built
5-9 Family
Type
97
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73173514

About this home

Investor alert. Here is your opportunity to own this great 6 units in North Lawrence. Well maintained with many updates over the years including heating system, flooring etc. Close to shopping and highways. The 6 units have 4 room 2 bedrooms. 5 units are tenant at will and one unit is vacant.

Sale Statistics

Sale Overview
Original List Price: $950,000
Final Sale Price: $830,000
Difference: $120,000 (-12.6%)
Performance Metrics
87.4%
List to Sale Ratio
Sold below asking price
97
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $196
Sale $/sq ft: $171
This property sold for $171 per square foot
Sale Summary

This property sold for 12.6% below the original asking price.

At 97 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
5-9 Family
Property Category
Residential Income
Year Built
1910
Bedrooms
12
Full Bathrooms
6
Living Area
4,842 sq ft
Total Rooms
24
Stories
9
Levels
9

Interior Features

Has Fireplace
No
Basement Details
Full, Unfinished

Exterior & Structure

Roof
Shingle
Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
4,842 sq ft
Lot Size Area
0.1100
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,166
Tax Year
2024
Tax Assessed Value
$508,500
Parcel Number
008800000056
Zoning
B2

Additional Details

Year Built Source
Public Records
Year Built Details
Renovated Since,Unknown/Mixed
Disclosures
3rd floor, unit 3L is vacant.

Location

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Neighborhood

North Lawrence

161-163 Union St, Lawrence MA 01841

Lawrence, MA 01841

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $431
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.7%
Price Range
99
Total Days on Market

Property Timeline

Sold
May 3, 2024
$830,000
Property sold
Days on Market: 99
🏠
Listed for Sale
Oct 24, 2023
$879,900
Original listing
Agent: Cristino Ynfante Office: Berkshire Hathaway HomeServices Verani Realty Methuen

Price & Status History

Date Event Price Change
Oct 24, 2023 New Listing Added $879,900

Market Statistics

Days on Market
97 days
Price per Sq Ft
$171

Tax History

Year Taxes Assessment
2024 $5,166 $508,500

Financial Details

Annual Property Tax
$5,166
Tax Year 2024
Assessed Value
$508,500

Listing Information

Listing Agent Cristino Ynfante
Listing Office Berkshire Hathaway HomeServices Verani Realty Methuen
Agent MLS ID CN217716
Office MLS ID AN7828

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