40-42 Salem St, Lawrence MA 01843

Lawrence, MA 01843
$765,000
Est. $4,072/month
6
Beds
2
Baths
2,704
Sq Ft
$283
Price/Sq Ft
0.14
Acres
1910
Year Built
Multi Family
Type
187
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73221988

About this home

Welcome to 40-42 Salem, Located in South area of Lawrence! Ready for owner occupied or investor. Come to check this property on Jun 1st and Jun 2nd from 12pm- 1:30pm.

Sale Statistics

Sale Overview
Original List Price: $629,900
Final Sale Price: $765,000
Difference: +$135,100 (+21.4%)
Performance Metrics
121.4%
List to Sale Ratio
Sold above asking price
187
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $233
Sale $/sq ft: $283
This property sold for $283 per square foot
Sale Summary

This property sold for 21.4% above the original asking price, indicating strong buyer demand.

At 187 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1910
Bedrooms
6
Full Bathrooms
2
Living Area
2,704 sq ft
Total Rooms
14
Stories
2
Levels
2

Interior Features

Has Fireplace
No
Basement Details
Finished

Exterior & Structure

Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,000 sq ft
Lot Size Area
0.1400

Parking & Garage

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

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,938
Tax Year
2023
Tax Assessed Value
$486,000
Parcel Number
M:0063 B:0000 L:0050,4201350
Zoning
Res

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Buyers and buyer agents to perform their own due diligence. Home is being Sold "AS IS". Broker is not responsible for discrepancies in square footage. Subject to transfer of solar panels.

Location

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Neighborhood

40-42 Salem St, Lawrence MA 01843

Lawrence, MA 01843

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 $412
Homeowners Insurance $200
PMI $0

Property History

Market Insights

17.7%
Price Range
156
Total Days on Market

Property Timeline

Sold
Dec 9, 2024
$765,000
Property sold
Days on Market: 156
🏠
Listed for Sale
Apr 10, 2024
$629,900
Original listing
Agent: Team Valdez Mejia Office: Keller Williams Realty

Price & Status History

Date Event Price Change
Apr 10, 2024 New Listing Added $629,900

Market Statistics

Days on Market
187 days
Price per Sq Ft
$283

Tax History

Year Taxes Assessment
2023 $4,938 $486,000

Financial Details

Annual Property Tax
$4,938
Tax Year 2023
Assessed Value
$486,000

Listing Information

Listing Agent Team Valdez Mejia
Listing Office Keller Williams Realty
Agent MLS ID TM349873
Office MLS ID G95022

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40-42 Salem St, Lawrence MA 01843 - Photo 1

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