40-42 Perry Ave, Lawrence MA 01841

Lawrence, MA 01841
$850,000
Est. $4,524/month
8
Beds
3
Baths
2,470
Sq Ft
$344
Price/Sq Ft
0.09
Acres
1920
Year Built
2 Family - 2 Units Side by Side
Type
6
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73417805

About this home

Fully 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.

Sale Statistics

Sale Overview
Original List Price: $799,900
Final Sale Price: $850,000
Difference: +$50,100 (+6.3%)
Performance Metrics
106.3%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $324
Sale $/sq ft: $344
This property sold for $344 per square foot
Sale Summary

This property sold for 6.3% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Side by Side
Property Category
Residential Income
Year Built
1920
Bedrooms
8
Full Bathrooms
3
Living Area
2,470 sq ft
Total Rooms
14
Stories
3
Levels
3

Interior Features

Flooring
Stone/Ceramic Tile, Hardwood
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Studio, Stone/Granite/Solid Counters, Living Room, Kitchen, Loft, Office/Den
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Concrete

Exterior & Structure

Construction Materials
Frame
Roof
Wood
Foundation
Concrete Perimeter
Patio/Porch Features
Deck
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
4,000 sq ft
Lot Size Area
0.0900
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,843
Tax Year
2025
Tax Assessed Value
$664,000
Tax Lot
0023
Tax Block
0000
Tax Map Number
0240
Parcel Number
4212415
Zoning
RE

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Property sold as is.
Exclusions
Tenants And Seller Belongings.
Listing Terms
Contract

Location

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Neighborhood

40-42 Perry Ave, 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 $487
Homeowners Insurance $200
PMI $0

Property History

Market Insights

Property Timeline

Sold
Sep 19, 2025
Property sold
🏠
Listed for Sale
Aug 14, 2025
$799,900
Original listing
Agent: Treetop Group Office: Keller Williams Realty

Price & Status History

Date Event Price Change
Aug 14, 2025 New Listing Added $799,900

Market Statistics

Days on Market
6 days
Price per Sq Ft
$344

Tax History

Year Taxes Assessment
2025 $5,843 $664,000

Financial Details

Annual Property Tax
$5,843
Tax Year 2025
Assessed Value
$664,000

Listing Information

Listing Agent Treetop Group
Listing Office Keller Williams Realty
Agent MLS ID TM328485
Office MLS ID G95022

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