31 Garfield St, Lawrence MA 01843

Lawrence, MA 01843 • South Lawrence
$700,000
Est. $4,513/month
6,552
Sq Ft
$107
Price/Sq Ft
0.27
Acres
2010
Year Built
75
Days on Market
Closed Listed Jun 14, 2023 • MLS# 73124673 Copied!

About this home

Back on market due to buyer financing. Motivated seller with improved price. Embrace this great opportunity to own this fantastic mixed-use property offering the perfect blend of residential comfort and commercial potential. This remarkable gem features two well-designed, 13yrs young buildings. The upper level boasts 2 inviting residential units offering the utmost in contemporary living with their spacious layouts, and abundant natural light with great income. The lower level of this versatile property presents an incredible opportunity for entrepreneurial ventures. Equipped with a spacious commercial garage space, the possibilities are endless. Whether you envision a workshop, garage, or a creative studio, this adaptable area allows your business aspirations to flourish. Parking accommodations for approximately 15 vehicles. Located in a desirable area with nearby amenities, including shops, restaurants, and parks. Don't miss out on this exceptional investment opportunity.

Property Overview

Listing Type
Commercial Sale
Year Built
2010
Living Area
6,552 sq ft

Sale Statistics

Sale Overview
Original List Price: $899,900
Final Sale Price: $700,000
Difference: $199,900 (-22.2%)
Performance Metrics
77.8%
List to Sale Ratio
Sold below asking price
75
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $137
Sale $/sq ft: $107
This property sold for $107 per square foot
Sale Summary

This property sold for 22.2% below the original asking price.

The property spent 75 days on market before selling.

Facts & Features

Home Facts

Type Commercial Sale
Year Built 2010
Living Area 6,552 sq ft
Lot Size 0.27 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Asphalt/composition Shingles
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available

Financial

Annual Tax $9,279

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 2010
Structure Type:
Exterior Materials:
Roof: Asphalt/Composition Shingles
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

South Lawrence

31 Garfield St, Lawrence MA 01843

Lawrence, MA 01843

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $773
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

12.5%
Price Range

Property Timeline

Current Active Listing - MLS #73461451
Full transaction history available when tracking began
🏡
Currently Listed
Dec 10, 2025
$699,900
MLS #73461451 - Active
Sold
Jan 8, 2024
$700,000
Property sold
🏠
Listed for Sale
Jun 14, 2023
$799,900
Original listing
Agent: Jose Frias Office: Realty ONE Group Nest

Price & Status History

Date Event Price Change
Dec 11, 2025 Sold $699,900
Jun 14, 2023 New Listing Added $799,900

Market Statistics

Days on Market
75 days
Price per Sq Ft
$107

Tax History

Year Taxes Assessment
2023 $9,279

Financial Details

Annual Property Tax
$9,279
Tax Year 2023

Listing Information

Listing Agent Jose Frias
Listing Office Realty ONE Group Nest
Agent MLS ID CN207589
Office MLS ID AN7014
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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Market Analytics for Lawrence, MA

Real-time market trends and pricing data for this area

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