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40 Fairmont St, Lawrence MA 01841

Lawrence, MA 01841
$780,000
Est. $4,522/month
10
Beds
3
Baths
2,688
Sq Ft
$290
Price/Sq Ft
0.09
Acres
1890
Year Built
18
Days on Market
Pending Listed Jan 23, 2026 • MLS# 73471280 Copied!

About this home

Offers deadline today at 5:00pm!!!! Ideal Owner-Occupied or Investor Opportunity! Spacious two-family home offering 2,688 sq ft with 10 bedrooms and 3 full baths—perfect for extended family or offsetting your mortgage with rental income. Features include a large unit spanning two levels, separate gas heat, multiple zones, hardwood and tile floors, finished attic, full basement with exterior access, 5 months old roof and 8 off-street parking spaces. Conveniently located near public transportation and shopping. Property is in a flood zone; elevation certificate available and current owner does not carry flood insurance.

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1890
Bedrooms
10
Full Bathrooms
3
Living Area
2,688 sq ft
Total Rooms
16
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1890
Living Area 2,688 sq ft
Lot Size 0.09 acres
Bedrooms 10
Full Baths 3
Total Rooms 16

Interior

Heating None
Cooling None
Flooring Tile, Hardwood
Appliances None
Fireplace None
Basement Full, Concrete
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 8

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $4,540
Assessed Value $515,900

Interior Features

Flooring: Tile, Hardwood
Appliances:
Interior Features:
Windows:
Basement: Full, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 2
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

40 Fairmont St, Lawrence MA 01841

Lawrence, MA 01841

Walkability

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Nearby Schools

School District
Lawrence School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
14% 4-Year 23% 2-Year 3% Out of State 2% Working
School Safety 2024-25
2.2% Average
2.2% Suspensions 1.1% In-School
3.3% below state avg
E

Elementary Schools

3 schools
C
Lawrence Family Development Charter School
0.2 mi | #254 of 352 | Score: 36.0
Dropped 53 spots from last year
-22.3 below state avg
899 students Less Diverse
Strong Attendance
Grades PK-08
Lawrence Early Childhood Center
0.4 mi
205 students Less Diverse
Grades PK-K
C-
Arlington Elementary School
0.4 mi | #738 of 824 | Score: 33.2
Improved 69 spots from last year
-25 below state avg
558 students Less Diverse
Rising School
Grades K-04
M

Middle Schools

3 schools
Blessed Stephen Bellesini O.S.A. Academy
0.3 mi
Grades 05-08
D
Arlington Middle School
0.4 mi | #325 of 352 | Score: 28.8
Improved 24 spots from last year
-29.4 below state avg
543 students Less Diverse
Rising School
Grades 05-08
F
Oliver Middle School
0.6 mi | #346 of 352 | Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
348 students Less Diverse
Grades 05-08
H

High Schools

3 schools
Central Catholic High School
0.1 mi
21 sports • 2,718 athletes
Strong Athletics
Grades 09-12
Notre Dame Cristo Rey High School
1.0 mi
17 sports • 423 athletes
Strong Athletics
Grades 09-11
B
Phoenix Academy Public Charter High School, Lawrence
1.1 mi | #182 of 346 | Score: 69.9
Same rank as last year
140 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $378
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Jan 30, 2026
Active → Active Under Contract
Pending Sale
Jan 29, 2026
Offer accepted, sale pending
👁️
Showing Instructions Updated
Jan 23, 2026
New showing requirements
🏠
Listed for Sale
Jan 23, 2026
$780,000
Original listing
Agent: Olivares Molina TEAM Office: Realty One Group Nest

Price & Status History

Date Event Price Change
Jan 30, 2026 Status: Active under contract $0
Jan 23, 2026 New Listing Added $780,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$290

Tax History

Year Taxes Assessment
2025 $4,540 $515,900

Financial Details

Annual Property Tax
$4,540
Tax Year 2025
Assessed Value
$515,900

Listing Information

Listing Agent Olivares Molina TEAM
Listing Office Realty One Group Nest
Agent MLS ID TM005072
Office MLS ID AN6420
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Lawrence, MA

Real-time market trends and pricing data for this area

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