72-74 Water St, Lawrence MA 01841

Lawrence, MA 01841
$800,000
Est. $4,258/month
9
Beds
3
Baths
4,098
Sq Ft
$195
Price/Sq Ft
0.06
Acres
1910
Year Built
3 Family
Type
37
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73196536

About this home

First open house Feb 3 and 4. Welcome to this excellent investment opportunity in the heart of Lawrence, MA. This well-maintained 3-unit property at 72-74 Water St presents a prime chance for rental income in a classic New England neighborhood. Unit 1 on the first floor offers three bedrooms, a spacious kitchen, and access to a private backyard. Unit 2 on the second floor features three bedrooms, a cozy living room, and hardwood floors. Unit 3 on the third floor has three bedrooms, a bright living area, and skylights. With separate utilities, off-street parking, and proximity to local amenities, this property is a smart choice for investors seeking a reliable income stream. Its convenient location, near schools and transportation options, further enhances its appeal. Don't miss the opportunity to explore the potential of 72-74 Water St

Sale Statistics

Sale Overview
Original List Price: $799,900
Final Sale Price: $800,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
37
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $195
Sale $/sq ft: $195
This property sold for $195 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

The property spent 37 days on market before selling.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1910
Bedrooms
9
Full Bathrooms
3
Living Area
4,098 sq ft
Total Rooms
15
Stories
3
Levels
3

Interior Features

Has Fireplace
No
Interior Features
Kitchen, Living RM/Dining RM Combo

Exterior & Structure

Foundation
Block
Fencing
Fenced/Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.06 acres
Lot Size
2,584 sq ft
Lot Size Area
0.0600
Lot Features
Easements
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, On Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,590
Tax Year
2024
Tax Assessed Value
$604,300
Parcel Number
M:0143 B:0000 L:0007 2,4300016
Zoning
I2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Buyers agent/buyer to verify ALL information and to conduct ALL due diligence regarding the accuracy of the MLS information. Unit 1 is owner occupied and rent is approximate market value. Unit 2 just moved out.
Exclusions
Personal Property

Location

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Neighborhood

72-74 Water St, Lawrence MA 01841

Lawrence, MA 01841

Walkability

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Schools

Elementary School
Guilmette
Rating information coming soon
Middle School
Guilmette Ms
Rating information coming soon
High School
Lawrence
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $466
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0%
Price Range
38
Total Days on Market

Property Timeline

Sold
May 10, 2024
$800,000
Property sold
Days on Market: 38
🏠
Listed for Sale
Jan 25, 2024
$799,900
Original listing
Agent: The Matt Witte Team Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Jan 25, 2024 New Listing Added $799,900

Market Statistics

Days on Market
37 days
Price per Sq Ft
$195

Tax History

Year Taxes Assessment
2024 $5,590 $604,300

Financial Details

Annual Property Tax
$5,590
Tax Year 2024
Assessed Value
$604,300

Listing Information

Listing Agent The Matt Witte Team
Listing Office William Raveis R.E. & Home Services
Agent MLS ID TM335022
Office MLS ID AN0949

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