42 Summer St, Lawrence MA 01840
Lawrence, MA 01840
$539,000
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Sale Statistics
Sale Overview
Original List Price:
$529,900
Final Sale Price:
$539,000
Difference:
+$9,100 (+1.7%)
Performance Metrics
101.7%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$159
Sale $/sq ft:
$162
This property sold for $162 per square foot
Sale Summary
This property sold for 1.7% above the original asking price, indicating strong buyer demand.
With only 18 days on market, this was a quick sale compared to typical market conditions.
About this home
Open House Saturday 1:00PM-3:00PM. Fabulous opportunity to own this Pride of Ownership with great income potential. Come see this recently updated 3-Family house very well-maintained. Newer boiler and 3 newer gas fired water heaters. Each Unit has lead Certificate. First and 2nd floor units are tremendously large units, 3 bedroom each and third floor is a 2 bedroom. Centrally located, close to schools, hospitals, great access to highways and downtown shopping centers. Buyer must be preapproved upon showing. Income Producer!!
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Property History
Market Insights
41.1%
Price Range
21
Total Days on Market
Property Timeline
Current Active Listing - MLS #73585624
Full transaction history available when tracking began
Currently Listed
Oct 1, 2026
$899,000
MLS #73585624 - Active
Sold
Jul 26, 2021
$539,000
Property sold
Days on Market: 21
Listed for Sale
May 19, 2021
$529,900
Original listing
Agent: Joelvi Gonzalez
Office: Cameron Real Estate Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/01/2026 | 🏡 Currently Listed | $899,000 | - | - | MLS #73585624 - Active |
| 07/26/2021 | ✓ Sold | $539,000 | - | - | Property sold |
| 05/19/2021 | 🏠 Listed for Sale | $529,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2021 | $4,566 | $372,100 |
Financial Details
Annual Property Tax
$4,566
Tax Year 2021
Assessed Value
$372,100
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1900
Living Area
3,336 sq ft
Lot Size
0.05 acres
Bedrooms
8
Full Baths
3
Total Rooms
14
Investment Metrics
Units
3
Unit 1 Rent
$1,600/mo · N
Unit 2 Rent
$1,600/mo · N
Unit 3 Rent
$1,500/mo
Total Monthly Rent
$4,700/mo
Gross Income
$56,400
Net Operating Income
$56,400
Cap Rate
10.64%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
Brick
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive
Utilities
Electric
100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range
Financial
Annual Tax
$4,566
Assessed Value
$372,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
First Floor Will Be Delivered Vacant. Seller To Remain As Tenant At Will Unit 3 For The Summer
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Brown
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
21 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
Sold
Year Built
1900
Bedrooms
8
Full Bathrooms
3
Living Area
3,336 sq ft
Total Rooms
14
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Brick
Roof:
Rubber
Foundation:
Brick/Mortar
Stories:
3
Heating, Cooling & Utilities
Heating:
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:
Parking & Garage
Parking Features:
Paved Drive
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
Elementary Schools
10 schools
B+
Community Day Charter Public School
0.3 mi
|
#126 of 352
|
Score: 47.1
Dropped 13 spots from last year
-11.2 below state avg
1,198 students
Less Diverse
Strong Attendance
Grades PK-08
F
School for Exceptional Studies
0.4 mi
|
#344 of 346
|
Score: 16.3
Improved 39 spots from last year
-41.9 below state avg
114 students
Less Diverse
Rising School
Grades PK-12
CLASS, Inc.
0.8 mi
Grades K-12
Lawrence Catholic Academy
0.9 mi
Grades PK-08
C
Lawrence Family Development Charter School
1.0 mi
|
#255 of 352
|
Score: 35.9
Dropped 54 spots from last year
-22.3 below state avg
920 students
Less Diverse
Strong Attendance
Grades PK-08
C+
Emily G Wetherbee School
1.3 mi
|
#236 of 352
|
Score: 37.4
Improved 65 spots from last year
-20.8 below state avg
468 students
Less Diverse
Rising School
Strong Attendance
Grades K-08
D
Oliver Elementary School
0.3 mi
|
#762 of 825
|
Score: 31.5
Improved 52 spots from last year
-26.7 below state avg
448 students
Less Diverse
Rising School
Grades K-04
Rollins Early Childhood Center
0.4 mi
139 students
Less Diverse
Grades PK-K
F
Francis M. Leahy School
0.4 mi
|
#812 of 825
|
Score: 25.6
Improved 21 spots from last year
-32.6 below state avg
461 students
Less Diverse
Rising School
Grades PK-04
Lawrence Early Childhood Center
0.6 mi
217 students
Less Diverse
Grades PK-K
Middle Schools
9 schools
Esperanza Academy
0.2 mi
Grades 05-06
F
Oliver Middle School
0.3 mi
|
#346 of 352
|
Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
466 students
Less Diverse
Grades 05-08
Blessed Stephen Bellesini O.S.A. Academy
0.7 mi
Grades 05-08
C-
Parthum Middle School
0.8 mi
|
#290 of 352
|
Score: 32.4
Dropped 12 spots from last year
-25.8 below state avg
572 students
Less Diverse
Grades 05-08
C-
Arlington Middle School
1.1 mi
|
#313 of 352
|
Score: 30.5
Improved 36 spots from last year
-27.7 below state avg
509 students
Less Diverse
Rising School
Grades 05-08
B+
Spark Academy
1.2 mi
|
#6 of 16
|
Score: 36.3
Improved 270 spots from last year
-21.9 below state avg
570 students
Less Diverse
Rising School
Grades 05-08
C-
Guilmette Middle School
1.3 mi
|
#299 of 352
|
Score: 31.8
Dropped 17 spots from last year
-26.5 below state avg
451 students
Less Diverse
Grades 05-08
D
Alexander B Bruce School
1.4 mi
|
#330 of 352
|
Score: 28.1
Dropped 6 spots from last year
-30.1 below state avg
431 students
Less Diverse
Grades 03-08
C-
Frost Middle School
1.9 mi
|
#304 of 352
|
Score: 31.3
Improved 21 spots from last year
-26.9 below state avg
474 students
Less Diverse
Rising School
Grades 05-08
High Schools
5 schools
B-
RISE Academy
0.2 mi
|
#223 of 346
|
Score: 66.7
Same rank as last year
105 students
Less Diverse
College Ready Curriculum
Grades 06-12
B
Phoenix Academy Public Charter High School, Lawrence
0.2 mi
|
#182 of 346
|
Score: 69.9
Same rank as last year
133 students
Moderate
Career Tech Programs
College Ready Curriculum
Grades 09-12
B
High School Learning Center
0.8 mi
|
#172 of 346
|
Score: 71.1
Same rank as last year
158 students
Less Diverse
Career Tech Programs
College Ready Curriculum
Grades 09-12
Central Catholic High School
0.8 mi
21 sports
• 2,718 athletes
Strong Athletics
Grades 09-12
C
Lawrence High School
1.4 mi
|
#270 of 346
|
Score: 45.3
Improved 37 spots from last year
-12.9 below state avg
3,280 students
Less Diverse
13 sports
• 1,440 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Location
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Neighborhood
42 Summer St, Lawrence MA 01840
Lawrence, MA 01840
Listing Information
Listing Agent
Joelvi Gonzalez
Listing Office
Cameron Real Estate Group
Office Phone
781-486-3180
Agent MLS ID
CN227138
Office MLS ID
AC0756
Listing Data Updated
Jul 28, 2021 12:15 PM EDT
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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