48 Union Street, Lawrence MA 01840

Lawrence, MA 01840
$410,000
4
Beds
2.5
Baths
2,048
Sq Ft
$200
Price/Sq Ft
0.05
Acres
1900
Year Built
1
Garage Space
18
Days on Market
Sold 2021 Listed Jan 17, 2021 • MLS# 72775769 Copied! • Updated Mar 5, 2021

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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

Price & Status History

Market Insights

55.1%
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
$589,900
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

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%
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
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 $3,816
Assessed Value $311,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures The Listing Seller Is A Licensed Real Estate Agent. Masks And Gloves Must Be Worn During Showings Pursuant To Cdc Guidelines.
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

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

Utilities & Systems

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 information not available for this location.

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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