14-16 Trenton St, Lawrence MA 01841
Lawrence, MA 01841
$775,000
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Sale Statistics
Sale Overview
Original List Price:
$695,000
Final Sale Price:
$775,000
Difference:
+$80,000 (+11.5%)
Performance Metrics
111.5%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$191
Sale $/sq ft:
$213
This property sold for $213 per square foot
Sale Summary
This property sold for 11.5% above the original asking price, indicating strong buyer demand.
With only 16 days on market, this was a quick sale compared to typical market conditions.
About this home
Great opportunity to purchase this large 3 family that was fully redone in 2015. Windows, siding, roof, systems, electrical and interiors all included in the renovation. Lead certs available for each unit and off street driveway for two cars, with "resident only" parking on the street over nights. In addition to recently renovated units, each floor has their own set of washer and dryer hook-ups and the basement has a finished living area, kitchenette and a full bathroom. With rents being well below market, there is a great opportunity to increase the income and collect great returns on your investment for years to come. With the nearby parks, restaurants and public transportation, these rental units will always be in high demand with very little tenant turnover.
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Recently Sold Nearby
Property History
Market Insights
54.8%
Price Range
18
Total Days on Market
1
Previous Sales
Property Timeline
Sold
Jul 31, 2023
$775,000
Property sold
Days on Market: 18
Listed for Sale
Jun 6, 2023
$695,000
Original listing
Agent: Patrick Hermans
Office: J. Borstell Real Estate, Inc.
Previous Transaction - MLS #71917529
Full transaction history available when tracking began
Previously Sold
Dec 23, 2015
$350,000
MLS #71917529
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/31/2023 | ✓ Sold | $775,000 | - | - | Property sold |
| 06/06/2023 | 🏠 Listed for Sale | $695,000 | - | - | Original listing |
| 12/23/2015 | 🏷️ Previously Sold | $350,000 | - | - | MLS #71917529 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2023 | $7,037 | $692,600 |
Financial Details
Annual Property Tax
$7,037
Tax Year 2023
Assessed Value
$692,600
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1900
Living Area
3,633 sq ft
Lot Size
0.05 acres
Bedrooms
9
Full Baths
4
Total Rooms
18
Investment Metrics
Units
3
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Unit 3 Rent
— · N
Gross Income
$51,600
Net Operating Income
$45,402
Operating Expenses
$6,198
Water/Sewer Expense
$2,412
Electric Expense
$530
Insurance Expense
$3,256
Cap Rate
6.53%
Interior
Heating
Baseboard, Natural Gas
Cooling
None
Flooring
Wood, Tile, Vinyl, Hardwood
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Partially Finished, Interior Entry, Concrete
Laundry
Washer Hookup, Dryer Hookup, Washer & Dryer Hookup, Electric Dryer Hookup
Features
Storage, Bathroom With Tub & Shower, Laundry Room, Lead Certification Available, Living Room, Dining Room, Office/den
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street, On Street
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$7,037
Assessed Value
$692,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
Partially finished basement with Bathroom is not included in square footage
Documents
None
County
Essex
Total market time (incl. prior listings)
18 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
Sold
Year Built
1900
Bedrooms
9
Full Bathrooms
4
Living Area
3,633 sq ft
Total Rooms
18
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Display Options
Outdoor Areas
Patio & porchPorch
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:
Wood, Tile, Vinyl, Hardwood
Appliances:
Range, Refrigerator
Interior Features:
Storage, Bathroom With Tub & Shower, Laundry Room, Lead Certification Available, Living Room, Dining Room, Office/Den
Windows:
Basement:
Full, Partially Finished, Interior Entry, Concrete
Laundry:
Washer Hookup, Dryer Hookup, Washer & Dryer Hookup, Electric Dryer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stone, Brick/Mortar
Stories:
4
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Heating Zones:
3
Cooling:
Hot Water:
Natural Gas, Tankless
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Paved Drive, Off Street, On Street
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
F
School for Exceptional Studies
0.4 mi
|
#343 of 346
|
Score: 17.7
Improved 40 spots from last year
-40.5 below state avg
118 students
Less Diverse
Rising School
Grades PK-12
C
Lawrence Family Development Charter School
0.7 mi
|
#254 of 352
|
Score: 36.0
Dropped 53 spots from last year
-22.3 below state avg
899 students
Less Diverse
Strong Attendance
Grades PK-08
B+
Community Day Charter Public School
0.9 mi
|
#125 of 352
|
Score: 46.9
Dropped 12 spots from last year
-11.3 below state avg
1,200 students
Less Diverse
Grades PK-08
CLASS, Inc.
1.1 mi
Grades K-12
Lawrence Catholic Academy
1.3 mi
Grades PK-08
C+
Emily G Wetherbee School
1.5 mi
|
#235 of 352
|
Score: 37.5
Improved 66 spots from last year
-20.7 below state avg
480 students
Less Diverse
Rising School
Grades K-08
F
Francis M. Leahy School
0.2 mi
|
#806 of 824
|
Score: 26.5
Improved 27 spots from last year
-31.7 below state avg
525 students
Less Diverse
Rising School
Grades PK-04
C-
John K Tarbox School
0.3 mi
|
#699 of 824
|
Score: 35.8
Dropped 40 spots from last year
-22.4 below state avg
281 students
Less Diverse
Grades 01-04
Lawrence Early Childhood Center
0.4 mi
205 students
Less Diverse
Grades PK-K
D
Oliver Elementary School
0.4 mi
|
#766 of 824
|
Score: 31.2
Improved 48 spots from last year
-27 below state avg
469 students
Less Diverse
Rising School
Grades K-04
Middle Schools
9 schools
F
Oliver Middle School
0.4 mi
|
#346 of 352
|
Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
348 students
Less Diverse
Grades 05-08
D
Arlington Middle School
0.5 mi
|
#325 of 352
|
Score: 28.8
Improved 24 spots from last year
-29.4 below state avg
543 students
Less Diverse
Rising School
Grades 05-08
Blessed Stephen Bellesini O.S.A. Academy
0.6 mi
Grades 05-08
Esperanza Academy
0.6 mi
Grades 05-06
C-
Parthum Middle School
1.1 mi
|
#285 of 352
|
Score: 32.8
Dropped 7 spots from last year
-25.4 below state avg
585 students
Less Diverse
Grades 05-08
D
Alexander B Bruce School
1.2 mi
|
#331 of 352
|
Score: 27.7
Dropped 7 spots from last year
-30.5 below state avg
462 students
Less Diverse
Grades 03-08
C-
Guilmette Middle School
1.3 mi
|
#294 of 352
|
Score: 31.8
Dropped 12 spots from last year
-26.4 below state avg
457 students
Less Diverse
Grades 05-08
B+
Spark Academy
1.7 mi
|
#6 of 16
|
Score: 35.8
Improved 270 spots from last year
-22.5 below state avg
443 students
Less Diverse
Rising School
Grades 05-08
C-
Frost Middle School
2.2 mi
|
#297 of 352
|
Score: 31.7
Improved 28 spots from last year
-26.5 below state avg
508 students
Less Diverse
Rising School
Grades 05-08
High Schools
5 schools
B-
RISE Academy
0.8 mi
|
#223 of 346
|
Score: 66.7
Same rank as last year
74 students
Less Diverse
College Ready Curriculum
Grades 06-12
Central Catholic High School
0.4 mi
21 sports
• 2,718 athletes
Strong Athletics
Grades 09-12
B
Phoenix Academy Public Charter High School, Lawrence
0.8 mi
|
#182 of 346
|
Score: 69.9
Same rank as last year
140 students
Moderate
Career Tech Programs
College Ready Curriculum
Grades 09-12
B
High School Learning Center
1.1 mi
|
#172 of 346
|
Score: 71.1
Same rank as last year
198 students
Less Diverse
Career Tech Programs
College Ready Curriculum
Grades 09-12
C
Lawrence High School
1.9 mi
|
#270 of 346
|
Score: 44.4
Improved 37 spots from last year
-13.8 below state avg
3,453 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
14-16 Trenton St, Lawrence MA 01841
Lawrence, MA 01841
Listing Information
Listing Agent
Patrick Hermans
Listing Office
J. Borstell Real Estate, Inc.
Office Phone
978-502-8045
Agent MLS ID
CN225762
Office MLS ID
G80038
Listing Data Updated
Aug 8, 2023 7:28 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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