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38 - 40 Sanborn St., Lawrence MA 01843

Lawrence, MA 01843 • South Lawrence
$720,000
Est. $3,832/month
4
Beds
2
Baths
2,434
Sq Ft
$296
Price/Sq Ft
0.09
Acres
1915
Year Built
2 Family - 2 Units Up/Down
Type
50
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73277355

About this home

Buyer got cold feet...Motivated Sellers moving out of state and need to sell fast!! Offering $5000 towards closing!! Selling this spacious multi-family property as-is, offers two units, each with 2 bedrooms (3rd bedroom added in each unit) and 1 bath, large basement for storage and laundry room, ideal for rental income or owner-occupancy. The first floor has been renovated, new waterproof flooring entire home, shower and tub, paint, baseboard heaters, kitchen counter tops and cabinets in pantry and recess lighting throughout. NEW PICTURES COMING SOON! Still room to add your personal touch! The property features a fenced yard, an enclosed porch, washer and dryer included and vinyl siding. Located in sought after neighborhood in South Lawrence, it’s close to public transportation, shopping, parks, and major highways. Additionally, the owner is selling a single-family home at 17 Bicknell Terrace, MLS #: 73277310 which can be included as a package deal.

Sale Statistics

Sale Overview
Original List Price: $706,000
Final Sale Price: $720,000
Difference: +$14,000 (+2.0%)
Performance Metrics
102.0%
List to Sale Ratio
Sold above asking price
50
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $290
Sale $/sq ft: $296
This property sold for $296 per square foot
Sale Summary

This property sold for 2.0% above the original asking price, indicating strong buyer demand.

The property spent 50 days on market before selling.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1915
Bedrooms
4
Full Bathrooms
2
Living Area
2,434 sq ft
Total Rooms
16
Stories
2
Levels
2

Interior Features

Flooring
Tile, Wood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator, Freezer, Washer, Dryer
Interior Features
Pantry, Storage, Walk-In Closet(s), Bathroom With Tub & Shower, Internet Available - Unknown, Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Family Room, Laundry Room
Laundry Features
Washer Hookup, Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup
Basement Details
Walk-Out Access, Interior Entry, Bulkhead
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame, Stone
Roof
Wood
Foundation
Concrete Perimeter
Exterior Features
Balcony/Deck
Patio/Porch Features
Enclosed, Deck - Wood
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
3,870 sq ft
Lot Size Area
0.0900
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,254
Tax Year
2024
Tax Assessed Value
$568,100
Tax Lot
L:0092
Tax Block
B:0000
Tax Map Number
M:0140
Parcel Number
7504
Zoning
R2
Financial Data Source
Projected

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Property is being sold "as is." washer and dryer included. The property is offered with no additional warranties or guarantees beyond what is expressly stated.
Exclusions
2nd. Floor Washer And Dryer, Stove And Fridge If Tenant Does Not Stay.

Location

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Neighborhood

South Lawrence

38 - 40 Sanborn St., Lawrence MA 01843

Lawrence, MA 01843

Walkability

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Schools

Elementary School
John Breen
Rating information coming soon
Middle School
Emily Wetherbee
Rating information coming soon
High School
Exceptional Hs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $438
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2.7%
Price Range
34
Total Days on Market

Property Timeline

✓
Sold
Nov 6, 2024
$720,000
Property sold
Days on Market: 34
🏠
Listed for Sale
Aug 14, 2024
$739,999
Original listing
Office: eXp Realty

Price & Status History

Date Event Price Change
Aug 14, 2024 New Listing Added $739,999 —

Market Statistics

Days on Market
50 days
Price per Sq Ft
$296

Tax History

Year Taxes Assessment
2024 $5,254 $568,100

Financial Details

Annual Property Tax
$5,254
Tax Year 2024
Assessed Value
$568,100

Listing Information

Listing Agent Karla Kenol
Listing Office eXp Realty
Agent MLS ID K8001781
Office MLS ID AN4167

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