81-85 S Broadway, Lawrence MA 01843
Lawrence, MA 01843
$1,380,000
Est. $7,345/month
About this home
This building consists of five units: two 2-bedroom apartments, each designed for comfortable living, and two 4-bedroom apartments, ideal for families or shared living. Additionally, there is a commercial store on the ground floor. All residential units have long term TAW tenants and rents have room for improvement.
Sale Statistics
Sale Overview
Original List Price:
$1,300,000
Final Sale Price:
$1,380,000
Difference:
+$80,000 (+6.2%)
Performance Metrics
106.2%
List to Sale Ratio
Sold above asking price
1
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:
$297
Sale $/sq ft:
$316
This property sold for $316 per square foot
Sale Summary
This property sold for 6.2% above the original asking price, indicating strong buyer demand.
With only 1 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
5-9 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
12
Full Bathrooms
4
Half Bathrooms
1
Living Area
4,371 sq ft
Total Rooms
21
Stories
5
Levels
5
Interior Features
Flooring
Tile, Vinyl, Laminate
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Interior Features
Bathroom With Tub, Living Room, Kitchen
Basement Details
Full, Interior Entry, Unfinished
Window Features
Screens
Exterior & Structure
Construction Materials
Frame
Roof
Rubber
Foundation
Stone
Exterior Features
Sprinkler System
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.11 acres
Lot Size
5,000 sq ft
Lot Size Area
0.1100
Lot Features
Corner Lot
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
8
Parking Features
Off Street
Utilities & Systems
Utilities Available
for Electric Range
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Highway Access, Public School
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$5,965
Tax Year
2024
Tax Assessed Value
$644,900
Parcel Number
M:0121 B:0000 L:0027,4205625
Zoning
Mixed
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Appliances on unit 3A belong to the tenant.
Location
Loading map...
Neighborhood
81-85 S Broadway, Lawrence MA 01843
Lawrence, MA 01843
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$497
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
5.8%
Price Range
2
Total Days on Market
Property Timeline
Sold
Oct 31, 2024
$1,380,000
Property sold
Days on Market: 2
Listed for Sale
Sep 10, 2024
$1,300,000
Original listing
Agent: Fermin Group
Office: Century 21 North East
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/31/2024 | ✓ Sold | $1,380,000 | - | - | Property sold |
| 09/10/2024 | 🏠 Listed for Sale | $1,300,000 | - | - | Original listing |