218 Water St, Lawrence MA 01841

Lawrence, MA 01841
$780,000
Est. $4,151/month
7
Beds
2
Baths
2,611
Sq Ft
$299
Price/Sq Ft
0.09
Acres
1900
Year Built
Multi Family
Type
3
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73361205

About this home

Well-maintained 2-family home in the heart of Lawrence! This spacious property offers 2,614 sq ft of living space with a total of 7 bedrooms and 2 full bathrooms across both units. Features include newer appliances, updated lighting, and fresh interior paint. The exterior offers 6 off-street parking spaces and a security camera system for added convenience and peace of mind. Located close to major highways, public transportation, schools, parks, and the Boys and Girls Club. Perfect for owner-occupants or investors seeking strong rental potential. Don’t miss this turnkey opportunity!

Sale Statistics

Sale Overview
Original List Price: $739,999
Final Sale Price: $780,000
Difference: +$40,001 (+5.4%)
Performance Metrics
105.4%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $283
Sale $/sq ft: $299
This property sold for $299 per square foot
Sale Summary

This property sold for 5.4% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1900
Bedrooms
7
Full Bathrooms
2
Living Area
2,611 sq ft
Total Rooms
12
Stories
3
Levels
3

Interior Features

Flooring
Vinyl
Heating
Central, Natural Gas, Electric
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Microwave, Refrigerator
Interior Features
Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den
Basement Details
Full

Exterior & Structure

Construction Materials
Stone
Roof
Shingle
Foundation
Concrete Perimeter
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
4,050 sq ft
Lot Size Area
0.0900
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,851
Tax Year
2025
Tax Assessed Value
$551,200
Parcel Number
M:0162 B:0000 L:0004,4208268
Zoning
RES

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Flood Insurance required
Exclusions
Refrigerator In 1st Floor Unit Is For Negotiation.

Location

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Neighborhood

218 Water St, Lawrence MA 01841

Lawrence, MA 01841

Walkability

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Schools

Middle School
Guilmette
Rating information coming soon
High School
Lhs, Ccs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $404
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.1%
Price Range
4
Total Days on Market

Property Timeline

Sold
May 21, 2025
$780,000
Property sold
Days on Market: 4
🏠
Listed for Sale
Apr 17, 2025
$739,999
Original listing
Agent: Robely Mateo Office: Team Zingales Realty, LLC

Price & Status History

Date Event Price Change
Apr 17, 2025 New Listing Added $739,999

Market Statistics

Days on Market
3 days
Price per Sq Ft
$299

Tax History

Year Taxes Assessment
2025 $4,851 $551,200

Financial Details

Annual Property Tax
$4,851
Tax Year 2025
Assessed Value
$551,200

Listing Information

Listing Agent Robely Mateo
Listing Office Team Zingales Realty, LLC
Agent MLS ID CN254746
Office MLS ID AN7143

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