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Backup Offers

18-20 Chelmsford St, Methuen, MA, 01844

$699,000

Home List Price

$8,301*

Closing Credit

6 Bedrooms
3 Full Baths, 2 Partial
99,999 SqFt
$7/SqFt
Multi
Schools Nearby

Location

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18-20 Chelmsford St, Lawrence$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street
Year Built1985
MLS #73221206
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Contingent)

About 18-20 Chelmsford St

Investment Opportunity: 18-20 Chelmsford is a lucrative 2-family property that generates strong rental income and low expenses. The property features 2 townhouse style homes with spacious floorplans, finished basements and off-street parking currently being used as 4 spaces. The apartments have been recently renovated with stainless steel appliances and are separately metered making it ideal for investors seeking consistent returns.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Living Area: 99,999 SqFt

Listing Office:

  • Office Name: Northeast Development & Investment, Inc.
  • Listing Agent: Andrew Haddad

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: right off of Lawrence St

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $7/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2
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Housing Market Comparison

See how this home compares to others in Lawrence, MA.

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Lawrence, MA

City

Med. Sold Price

$500K

Med. Price/SqFt

$276

Avg. Days On Market

42

# of Sold Homes

12

18-20 Chelmsford St vs Lawrence

21 DAYS ON ROCKET

-21 Days

$699,000

+$199K More

$7/SqFt

-$269 Less

KEY TAKEAWAY

This property is $199K more than the Median Sold Price and $269/SqFt less than other homes in Lawrence, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73221206

Listing Office:

  • Office Name: Northeast Development & Investment, Inc.
  • Listing Agent: Andrew Haddad

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/29/2024, 5:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $184,300
2020 - $184,300
2019 - $158,700
2018 - $158,700
2017 - $158,700

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3241359
4
/10

  • Community Day Arlington

  • 150 Arlington St

  • 0.14 miles

  • Public District Grades KG-4

school-card-donut-3241360
4
/10

  • John K Tarbox

  • 59 Alder St

  • 0.26 miles

  • Public District Grades 1-5

school-card-donut-3241361
2
/10

  • Francis M Leahy

  • 100 Erving Ave

  • 0.74 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,756. The most common annual income of people living in Lawrence, MA is less than $35k. Typical family type is single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Lawrence›01844›18-20 Chelmsford St

This home is located at 18-20 Chelmsford St in Methuen, MA and zip code 01844. This 99,999 square foot home, which was built in 1985, sits on a 0.15 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $699,000.

Over 8 listings were sold over their listed price in March 2024 in Lawrence, MA. In the same period over 3 listings were sold below the listed price and 1 listings were sold for the listed price. Between February 2024 and March 2024, Lawrence, MA real estate market has seen increase in the number of listings by 14.3%. Listings spent 42 days on the market in March 2024, and had a median list price of $500,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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