48 Union St, Lawrence MA 01840

Lawrence, MA 01840
$265,000
4
Beds
2.5
Baths
2,048
Sq Ft
$129
Price/Sq Ft
0.05
Acres
1900
Year Built
1
Garage Space
2
Days on Market
Sold Listed Mar 28, 2017 • MLS# 72136777 Copied! • Updated May 23, 2017

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Sale Statistics

Sale Overview
Original List Price: $260,000
Final Sale Price: $265,000
Difference: +$5,000 (+1.9%)
Performance Metrics
101.9%
List to Sale Ratio
Sold above asking price
2
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $127
Sale $/sq ft: $129
This property sold for $129 per square foot
Sale Summary

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

With only 2 days on market, this was a quick sale compared to typical market conditions.

About this home

Don't miss this INCREDIBLE opportunity to own this TURNKEY property. Both units in this extremely well maintained 2 family brick row house have been completely renovated and updated. Each unit has a newer kitchen with loads of cabinets and gorgeous granite countertops. There is a brick fireplaces in each living room, large bedrooms, and huge baths. Gorgeous tile floors, lots of exposed brick, and loads of closet space! The first floor unit has 1 bedroom and 1 bath, with private access to the finished basement. The upstairs unit is townhouse style, with 1 bedroom and full bath on the main level, and 2 huge bedrooms plus 1/2 bath/laundry room combo upstairs. Each unit has it's own laundry room. Shared outdoor space in the enclosed patio area in the back, with off-street parking in the detached garage. Located just across the street from Lawrence General Hospital.

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Recently Sold Nearby

Property History

Market Insights

56.7%
Price Range
193
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
Previous Transaction - MLS #72775769
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 5, 2021
$410,000
MLS #72775769
Sold
May 23, 2017
$265,000
Property sold
Days on Market: 193
🏠
Listed for Sale
Mar 28, 2017
$260,000
Original listing
Office: Keller Williams Realty

Tax History

Year Taxes Assessment
2017 $3,027 $197,300

Financial Details

Annual Property Tax
$3,027
Tax Year 2017
Assessed Value
$197,300

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 $975/mo · Y
Unit 2 Rent $1,400/mo · Y
Total Monthly Rent $2,375/mo
Gross Income $28,500
Net Operating Income $28,500
Cap Rate 10.96%
Heating Baseboard, Natural Gas, Oil
Cooling None
Flooring Tile, Carpet, Varies
Appliances Range, Microwave, Refrigerator, Washer, Dryer
Fireplace Gas
Fireplaces 2
Basement Full, Finished, Interior Entry, Bulkhead, Concrete
Laundry None
Features Stone/granite/solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Shower Stall, Living Room, Kitchen, Laundry Room
Construction Brick
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Patio - Enclosed
Garage Spaces 1
Has Garage Yes
Features Off Street, On Street
Total Spaces 3
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,027
Assessed Value $197,300
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color brick
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 193 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
4
Levels
4

Floor Layout

Interior Features

Flooring: Tile, Carpet, Varies
Appliances: Range, Microwave, Refrigerator, Washer, Dryer
Interior Features: Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, 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: 4

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Oil
Heating Zones: 2
Cooling:
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, House of Worship
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

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
M

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
H

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 St, Lawrence MA 01840

Lawrence, MA 01840

Listing Information

Listing Office Keller Williams Realty
Office Phone 603-883-8400
Agent MLS ID CN214465
Office MLS ID BB4909
Listing Data Updated May 23, 2017 3:29 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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