218 Water St, Lawrence MA 01841

Lawrence, MA 01841
$780,000
Est. $4,548/month
7
Beds
2
Baths
2,611
Sq Ft
$299
Price/Sq Ft
0.09
Acres
1900
Year Built
3
Days on Market
Closed Listed Apr 17, 2025 • MLS# 73361205 Copied!

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!

Property Overview

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

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

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 2,611 sq ft
Lot Size 0.09 acres
Bedrooms 7
Full Baths 2
Total Rooms 12

Interior

Heating Central, Natural Gas, Electric
Cooling None
Flooring Vinyl
Appliances Range, Microwave, Refrigerator
Fireplace None
Basement Full
Laundry None
Features Bathroom With Tub & Shower, Living Room, Kitchen, Office/den

Exterior

Construction Stone
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 6

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,851
Assessed Value $551,200

Interior Features

Flooring: Vinyl
Appliances: Range, Microwave, Refrigerator
Interior Features: Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Stone
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Natural Gas, Electric
Heating Zones: 2
Cooling:
Hot Water: Natural Gas, Tankless
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Paved

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

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 $404
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.

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
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Lawrence, MA

Real-time market trends and pricing data for this area

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