61-63 Brook St, Lawrence MA 01841

Lawrence, MA 01841
$820,000
Est. $4,364/month
9
Beds
3
Baths
3,636
Sq Ft
$226
Price/Sq Ft
0.07
Acres
1917
Year Built
3 Family
Type
20
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73280211

About this home

This charming 3-unit building, priced to sell, is a fantastic investment opportunity located just minutes from downtown. Pretty park nearby to enjoy nature! Each unit features 3 bedrooms, 1 bathroom and a living room. The building consistently generates solid rental income, with long-term tenants who appreciate the proximity to downtown’s vibrant scene and easy access to nature. The park nearby is perfect for outdoor activities, while local shops, restaurants, and public transport are all within minutes. Whether you're looking to expand your portfolio or start your investment journey, this building offers an excellent combination of location, stability, and potential for growth. Don’t miss out on this opportunity to secure a profitable and well-located multi-unit property at a great price!

Sale Statistics

Sale Overview
Original List Price: $804,900
Final Sale Price: $820,000
Difference: +$15,100 (+1.9%)
Performance Metrics
101.9%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $221
Sale $/sq ft: $226
This property sold for $226 per square foot
Sale Summary

This property sold for 1.9% above the original asking price, indicating strong buyer demand.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1917
Bedrooms
9
Full Bathrooms
3
Living Area
3,636 sq ft
Total Rooms
18
Stories
3
Levels
3

Interior Features

Flooring
Vinyl
Heating
Baseboard, Natural Gas, Individual
Has Heating
Yes
Has Fireplace
No
Interior Features
Lead Certification Available, Living Room, Dining Room, Kitchen
Basement Details
Full
Window Features
Storm Window(s)

Exterior & Structure

Construction Materials
Frame
Roof
Rubber
Foundation
Stone
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.07 acres
Lot Size
3,200 sq ft
Lot Size Area
0.0700
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,417
Tax Year
2024
Tax Assessed Value
$585,600
Parcel Number
M:0089 B:0000 L:0021,4203027
Zoning
I2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Refrigerators for 276-2 and 276-3 are owned by the tenant.

Location

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Neighborhood

61-63 Brook St, 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 $451
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.8%
Price Range
22
Total Days on Market

Property Timeline

Sold
Oct 23, 2024
$820,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Aug 21, 2024
$804,900
Original listing
Agent: Fermin Group Office: Century 21 North East

Price & Status History

Date Event Price Change
Aug 21, 2024 New Listing Added $804,900

Market Statistics

Days on Market
20 days
Price per Sq Ft
$226

Tax History

Year Taxes Assessment
2024 $5,417 $585,600

Financial Details

Annual Property Tax
$5,417
Tax Year 2024
Assessed Value
$585,600

Listing Information

Listing Agent Fermin Group
Listing Office Century 21 North East
Agent MLS ID TM321052
Office MLS ID AN4356

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