48 Union Street, Lawrence MA 01840
Lawrence, MA 01840
$410,000
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Sale Statistics
Sale Overview
Original List Price:
$379,900
Final Sale Price:
$410,000
Difference:
+$30,100 (+7.9%)
Performance Metrics
107.9%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$185
Sale $/sq ft:
$200
This property sold for $200 per square foot
Sale Summary
This property sold for 7.9% 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
**Multiple Offer Notification. All offers are due Tuesday, 1/26 at 4PM** Come see this FABULOUS, RECENTLY UPDATED 2-FAMILY HOUSE with two very well-maintained units! Both units are lead compliant & feature newer kitchens with lots of cabinet space, stainless appliances, granite countertops, gorgeous tile floors, recessed lighting, and spacious baths. The first-floor unit has a 1 bedroom and 1 bath, with a brick fireplace and private access to the finished basement (hot water heater replaced one year ago) – currently rented at $1,350/month TAW. The upstairs unit is a townhouse-style and has 1 bedroom, 1 full bath and a fireplace on the first level and 2 very spacious bedrooms with high ceilings + ½ bath and laundry room upstairs on the third level (Rented at $1,675/month – to be delivered vacant). Each unit has its own laundry room. Outdoor area has a shared patio space and there are 2 off street parking spaces. **Incredible profitable opportunity for an owner occupant or an investor!
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Recently Sold Nearby
Property History
Market Insights
55.8%
Price Range
21
Total Days on Market
1
Previous Sales
Property Timeline
Current Active Listing - MLS #73581570
Full transaction history available when tracking began
Currently Listed
Sep 23, 2026
$599,900
MLS #73581570 - Active
Sold
Mar 5, 2021
$410,000
Property sold
Days on Market: 21
Listed for Sale
Jan 17, 2021
$379,900
Original listing
Agent: Pavel Khaykin
Office: Tamaren MD Realty
Previous Transaction - MLS #72136777
Full transaction history available when tracking began
Previously Sold
May 23, 2017
$265,000
MLS #72136777
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/23/2026 | 🏡 Currently Listed | $599,900 | - | - | MLS #73581570 - Active |
| 03/05/2021 | ✓ Sold | $410,000 | - | - | Property sold |
| 01/17/2021 | 🏠 Listed for Sale | $379,900 | - | - | Original listing |
| 05/23/2017 | 🏷️ Previously Sold | $265,000 | - | - | MLS #72136777 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2021 | $3,816 | $311,000 |
Financial Details
Annual Property Tax
$3,816
Tax Year 2021
Assessed Value
$311,000
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1900
Living Area
2,048 sq ft
Lot Size
0.05 acres
Bedrooms
4
Full Baths
2
Half Baths
1
Total Rooms
9
Investment Metrics
Units
2
Unit 1 Rent
$1,350/mo · N
Unit 2 Rent
$1,675/mo · N
Total Monthly Rent
$3,025/mo
Gross Income
$36,300
Net Operating Income
$36,300
Cap Rate
9.56%
Interior
Heating
Other, Baseboard, Natural Gas
Cooling
Other
Flooring
Tile, Carpet, Varies
Appliances
Other, Range, Microwave, Refrigerator, Washer, Dryer
Fireplace
Gas
Fireplaces
2
Basement
Full, Finished, Interior Entry, Bulkhead, Concrete
Laundry
None
Features
Other, Lead Certification Available, Storage, Stone/granite/solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Shower Stall, Remodeled, Cathedral/vaulted Ceilings, Bathroom With Tub, Living Room, Kitchen, Laundry Room
Exterior
Construction
Brick
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
Patio - Enclosed
Parking
Garage Spaces
1
Has Garage
Yes
Features
Off Street, On Street
Total Spaces
3
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$3,816
Assessed Value
$311,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
The Listing Seller Is A Licensed Real Estate Agent. Masks And Gloves Must Be Worn During Showings Pursuant To Cdc Guidelines.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
21 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
Sold
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,048 sq ft
Total Rooms
9
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Display Options
Outdoor Areas
Patio & porchPatio - Enclosed
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:
Tile, Carpet, Varies
Appliances:
Other, Range, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Other, Lead Certification Available, Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Cathedral/Vaulted Ceilings, Bathroom With Tub, Living Room, Kitchen, Laundry Room
Windows:
Basement:
Full, Finished, Interior Entry, Bulkhead, Concrete
Laundry:
Security:
Security System
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Brick
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Other, Baseboard, Natural Gas
Heating Zones:
2
Cooling:
Other
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Patio - Enclosed
Fencing:
Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
3
Parking Features:
Off Street, On Street
Special Features
Fireplaces:
2
Fireplace Type:
Gas
Community Amenities:
Public Transportation, Park, Medical Facility, Highway Access, Public School, T-Station
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
0.5 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.
0.7 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
0.4 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
0.5 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
0.7 mi
217 students
Less Diverse
Grades PK-K
Middle Schools
9 schools
Esperanza Academy
0.2 mi
Grades 05-06
F
Oliver Middle School
0.4 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
0.8 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
B+
Spark Academy
1.1 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-
Arlington Middle School
1.2 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
C-
Guilmette Middle School
1.4 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
1.5 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
< 0.1 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
0.1 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
0.7 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
0.9 mi
21 sports
• 2,718 athletes
Strong Athletics
Grades 09-12
C
Lawrence High School
1.3 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
48 Union Street, Lawrence MA 01840
Lawrence, MA 01840
Listing Information
Agent MLS ID
CN219935
Office MLS ID
AN4436
Listing Data Updated
Mar 5, 2021 12:53 PM EST
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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