34 Salem St, Lawrence MA 01843

Lawrence, MA 01843 • South Lawrence
$890,000
Est. $4,737/month
10
Beds
4
Baths
2,802
Sq Ft
$318
Price/Sq Ft
0.15
Acres
1910
Year Built
3 Family
Type
19
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73274642

About this home

HIGHEST AND BEST OFFERS DUE TUESDAY 10 AM. Discover an incredible investment opportunity with this fully remodeled 3 units property! Nestled in a prime location, this property offers the perfect blend of modern living and convenience. Each unit boasts spacious interiors with contemporary finishes, designed to meet the highest standards of comfort and style. With a large parking area, a rare find in today's market. The property is situated near major highways, ensuring seamless connectivity for commuters. The generously sized units feature abundant natural light, and top-of-the-line appliances, updated kitchens and bathrooms. Whether you’re looking to expand your real estate portfolio or seeking a lucrative rental income, this turnkey building is a must-see. Don’t miss out on this exceptional opportunity to own a piece of prime real estate with high rental potential and long term value!

Sale Statistics

Sale Overview
Original List Price: $819,900
Final Sale Price: $890,000
Difference: +$70,100 (+8.5%)
Performance Metrics
108.5%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $293
Sale $/sq ft: $318
This property sold for $318 per square foot
Sale Summary

This property sold for 8.5% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1910
Bedrooms
10
Full Bathrooms
4
Living Area
2,802 sq ft
Total Rooms
19
Stories
3
Levels
3

Interior Features

Flooring
Wood, Tile, Laminate
Has Fireplace
Yes
Number of Fireplaces
2
Basement Details
Full, Partially Finished, Interior Entry, Bulkhead, Concrete
Window Features
Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Exterior Features
Rain Gutters
Patio/Porch Features
Porch
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.15 acres
Lot Size
6,600 sq ft
Lot Size Area
0.1500
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
8
Parking Features
Paved Drive, Driveway

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

Community Features
Public Transportation, Park, Walk/Jog Trails, Laundromat, Highway Access, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,416
Tax Year
2024
Tax Assessed Value
$693,600
Parcel Number
M:0063 B:0000 L:0048,5005442
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Seller to negotiate rent back from new owner until January 31st

Location

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Neighborhood

South Lawrence

34 Salem St, Lawrence MA 01843

Lawrence, MA 01843

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $535
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.9%
Price Range
21
Total Days on Market

Property Timeline

Sold
Sep 25, 2024
$890,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Aug 7, 2024
$819,900
Original listing
Agent: Fermin Group Office: Century 21 North East

Price & Status History

Date Event Price Change
Aug 7, 2024 New Listing Added $819,900

Market Statistics

Days on Market
19 days
Price per Sq Ft
$318

Tax History

Year Taxes Assessment
2024 $6,416 $693,600

Financial Details

Annual Property Tax
$6,416
Tax Year 2024
Assessed Value
$693,600

Listing Information

Listing Agent Fermin Group
Listing Office Century 21 North East
Agent MLS ID TM321052
Office MLS ID AN4356

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