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 2017 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

Price & Status History

Market Insights

55.9%
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
$589,900
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

Utilities & Systems

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

Nearby Schools

School information not available for this location.

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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