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5 Exchange St, Lawrence, MA, 01841

$699,900

Home List Price

$8,311*

Closing Credit

8 Bedrooms
3 Full Baths
2,938 SqFt
$238/SqFt
Multi
Schools Nearby

Location

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5 Exchange St, Lawrence$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Paved
Year Built1890
HeatingDuctless
CoolingDuctless
BasementYes
WaterfrontWaterfront, Canal
MLS #73210708
Lot Size0.17 Acres
StatusActive

About 5 Exchange St

Welcome to your next investment opportunity! This charming 3-family house, settled on a dead-end street, is perfect for both owner occupants and savvy investors alike. The second-floor unit awaits its new occupants has undergone a recent remodel, featuring reset lighting and a refreshed ambiance. This space has been transformed into a cozy retreat for its future occupants.The first-floor unit, is owner occupied boasting a resilient remodel with a contemporary open-concept design; reset lighting, in need of minor touches to embrace its new occupants.The third-floor unit is occupied, presents an exciting opportunity for those with a creative vision. An open canvas awaits, beckoning you to unleash your imagination and personalize this space to your heart's desire.Don't miss out on the chance to own this versatile property, where possibilities abound. Whether you're looking to be owner occupant or seeking an investment with endless potential! Seller is motivativated offering credit of $10k

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Living Area: 2,938 SqFt

Listing Office:

  • Office Name: Team Zingales Realty, LLC
  • Listing Agent: Sadie Camilo

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Plywood, Laminate
  • Interior: Kitchen, Living RM/Dining RM Combo

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Canal

Parking Information:

  • Parking: Paved Drive, Off Street, Paved

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Ductless
  • Cooling: Ductless

Other

Directions Information:

  • Directions: Hampshire Street to Myrtle Street then to the beginning of Exchange Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
  • Price Per SqFt: $238/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $4,015
  • Tax Year: 2021
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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

5 Exchange St vs Lawrence

47 DAYS ON ROCKET

+5 Days

$699,900

+$199.9K More

$238/SqFt

-$38 Less

KEY TAKEAWAY

This property is $199.9K more than the Median Sold Price and $38/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: #73210708

Listing Office:

  • Office Name: Team Zingales Realty, LLC
  • Listing Agent: Sadie Camilo

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: 4/27/2024, 12:55:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 09, 1995Home Sold
$10,600

Tax History

YEARPROP. TAXASSESSMENT
2021$4,015$327,200
2020$3,817$307,100
2019$3,596$262,900
2018$3,411$238,200
2017$3,123$203,600

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-1007788
4
/10

  • John K Tarbox

  • 59 Alder St

  • 0.27 miles

  • Public District Grades 1-5

school-card-donut-1007789
4
/10

  • Community Day Arlington

  • 150 Arlington St

  • 0.28 miles

  • Public District Grades KG-4

school-card-donut-1007790
2
/10

  • Francis M Leahy

  • 100 Erving Ave

  • 0.51 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 $23,953. The most common annual income of people living in Lawrence, MA is less than $35k. Most families are single, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Lawrence›01841›5 Exchange St

This home is located at 5 Exchange St in Lawrence, MA and zip code 01841. This 2,938 square foot home, which was built in 1890, sits on a 0.17 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $699,900.

Lawrence, MA housing market in March 2024 saw over 8 listings sold above listed price, more than 1 sold at listed price and over 3 sold below. Between February 2024 and March 2024, Lawrence, MA real estate market has seen increase in the number of listings by 14.3%. In March 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $500,000.

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

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