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2 Lawrence Street, Methuen MA 01844

Methuen, MA 01844
$1,000,000
$974,900
Est. $5,467/month
8
Beds
4.5
Baths
3,663
Sq Ft
$266
Price/Sq Ft
0.09
Acres
1930
Year Built
4
Parking
45
Days on Market
Pending Price Drop -$25,100 Listed Nov 9, 2025 • MLS# 73453100 Copied! • Updated Jan 24, 2026

About this home

This charming four-unit property blends classic character with thoughtful updates. Each unit features beautiful original details—including hardwood floors, tray ceilings, and spacious bedrooms—alongside modernized kitchens and vinyl replacement windows for added comfort and efficiency. With separate utilities and heating systems for each unit, this property is ideal for owner-occupants or investors seeking a blend of historic charm and practical convenience. Located close to local amenities and major routes, 2 Lawrence Street offers timeless appeal in a convenient Methuen neighborhood and a beautiful public park across the street..

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2.5%
Price Range

Property Timeline

Pending Sale
Dec 12, 2025
Offer accepted, sale pending
Price Reduced
Dec 8, 2025
$974,900 $25,100 (-2.51%)
From $1,000,000 to $974,900 (-2.5%)
🏠
Listed for Sale
Nov 10, 2025
$974,900
Original listing
Agent: Raymond Boutin Office: RE/MAX Innovative Properties
🏠
Listed for Sale
Nov 10, 2025
$1,000,000
Original listing
Agent: Raymond Boutin Office: RE/MAX Innovative Properties

Tax History

Year Taxes Assessment
2025 $4,051 $382,900

Financial Details

Annual Property Tax
$4,051
Tax Year 2025
Assessed Value
$382,900

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1930
Living Area 3,663 sq ft
Lot Size 0.09 acres
Bedrooms 8
Full Baths 4
Half Baths 1
Total Rooms 19

Investment Metrics

Units 4
Unit 1 Rent — · N
Unit 2 Rent $2,250/mo · Y
Unit 3 Rent $1,300/mo · N
Unit 4 Rent $1,000/mo
Total Monthly Rent $4,550/mo
Gross Income $84,600
Net Operating Income $84,600
Cap Rate 8.68%
Heating Baseboard, Forced Air
Cooling None
Flooring Hardwood, Stone/ceramic Tile
Appliances Range, Microwave, Refrigerator, Range Hood, Dishwasher
Fireplace None
Basement Full, Partially Finished, Interior Entry
Laundry Electric Dryer Hookup, Washer Hookup
Features Ceiling Fan(s), Stone/granite/solid Counters, Upgraded Cabinets, Upgraded Countertops, Walk-in Closet(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof Tar/gravel
Features Balcony/deck
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Off Street
Total Spaces 4
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,051
Assessed Value $382,900
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Buyers/buyer Agents To Verify All Information. Property Is Currently 4 Condo Units Being Sold As A 4 Family. Gross Rent Etsimated, 1st Floor Vacant.
Exclusions Tenant Property
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures Does not inlcude basement finish area
Documents None
County Essex
Total market time (incl. prior listings) 48 days

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1930
Bedrooms
8
Full Bathrooms
4
Half Bathrooms
1
Living Area
3,663 sq ft
Total Rooms
19
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Hardwood, Stone/Ceramic Tile
Appliances: Range, Microwave, Refrigerator, Range Hood, Dishwasher
Interior Features: Ceiling Fan(s), Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Windows:
Basement: Full, Partially Finished, Interior Entry
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1930
Structure Type:
Exterior Materials: Frame
Roof: Tar/Gravel
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Forced Air
Heating Zones: 4
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $338
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

2 Lawrence Street, Methuen MA 01844

Methuen, MA 01844

Listing Information

Listing Agent Raymond Boutin
Listing Office RE/MAX Innovative Properties
Office Phone 978-452-4432
Agent MLS ID D0001895
Office MLS ID AN5830
Listing Data Updated Jan 24, 2026 9:56 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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