28 Exchange Street, Lawrence MA 01841

Lawrence, MA 01841
$125,000
6
Beds
2
Baths
2,172
Sq Ft
$58
Price/Sq Ft
0.22
Acres
1969
Year Built
4
Parking
Multi Family
Type
165
Days on Market
Sold Listed Nov 13, 2008 • MLS# 70846533 Copied! • Updated Apr 1, 2025

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Sale Statistics

Sale Overview
Original List Price: $139,900
Final Sale Price: $125,000
Difference: $14,900 (-10.7%)
Performance Metrics
89.3%
List to Sale Ratio
Sold below asking price
165
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $64
Sale $/sq ft: $58
This property sold for $58 per square foot
Sale Summary

This property sold for 10.7% below the original asking price.

At 165 days on market, this property took longer than average to sell.

About this home

Hard to find duplex centrally located hear hospital and schools. Good size yard, off street parking and large units. Easy to show.

BMN Estimate

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

85.9%
Price Range
167
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73563107
Full transaction history available when tracking began
🏡
Currently Listed
Aug 13, 2026
$849,900
MLS #73563107 - Active
View Listing →
✓
Sold
Jun 11, 2010
$125,000
Property sold
Days on Market: 167
🏠
Listed for Sale
Nov 13, 2008
$119,900
Original listing
Agent: Michelle Fermin Office: RE/MAX Prestige
Previous Transaction - MLS #70250008
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 28, 2005
$270,000
MLS #70250008
View Listing →

Tax History

Year Taxes Assessment
2008 $3,110 $310,700

Financial Details

Annual Property Tax
$3,110
Tax Year 2008
Assessed Value
$310,700

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1969
Living Area 2,172 sq ft
Lot Size 0.22 acres
Stories 2
Bedrooms 6
Full Baths 2
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent $950/mo · N
Unit 2 Rent $950/mo · N
Total Monthly Rent $1,900/mo
Gross Income $22,800
Net Operating Income $22,800
Cap Rate 19.02%
Heating Baseboard, Natural Gas
Cooling None
Flooring Tile
Appliances Range, Refrigerator
Fireplace None
Basement Partial, Walk-out Access
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Off Street
Total Spaces 4
Electric Circuit Breakers
Water Public, City/town Water
Sewer Public Sewer, City/town Sewer
Gas None
Other For Electric Oven

Financial

Annual Tax $3,110
Assessed Value $310,700
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Subject To Third Party Approval.
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 167 days

Property Overview

Property Type
Multi Family
Listing Type
Sold
Year Built
1969
Bedrooms
6
Full Bathrooms
2
Living Area
2,172 sq ft
Total Rooms
12
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring: Tile
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: Partial, Walk-Out Access
Laundry:
Security:

Construction & Materials

Year Built: 1969
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 2
Cooling: None
Hot Water: Natural Gas, Electric, Varies Per Unit
Water Source: Public, City/Town Water
Sewer: Public Sewer, City/Town Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street
School District
Lawrence School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
14% 4-Year 23% 2-Year 3% Out of State 2% Working
✓ School Safety 2024-25
2.2% Average
2.2% Suspensions 1.1% In-School
↓ 3.3% below state avg
E

Elementary Schools

10 schools
C
Lawrence Family Development Charter School
0.5 mi | #255 of 352 | Score: 35.9
Dropped 54 spots from last year
-22.3 below state avg
920 students Less Diverse
Strong Attendance
Grades PK-08
F
School for Exceptional Studies
0.5 mi | #344 of 346 | Score: 16.3
Improved 39 spots from last year
-41.9 below state avg
114 students Less Diverse
Rising School
Grades PK-12
CLASS, Inc.
1.2 mi
Grades K-12
B+
Community Day Charter Public School
1.2 mi | #126 of 352 | Score: 47.1
Dropped 13 spots from last year
-11.2 below state avg
1,198 students Less Diverse
Strong Attendance
Grades PK-08
Lawrence Catholic Academy
1.4 mi
Grades PK-08
C+
Emily G Wetherbee School
1.5 mi | #236 of 352 | Score: 37.4
Improved 65 spots from last year
-20.8 below state avg
468 students Less Diverse
Rising School Strong Attendance
Grades K-08
C-
John K Tarbox School
0.2 mi | #712 of 825 | Score: 34.8
Dropped 53 spots from last year
-23.4 below state avg
218 students Less Diverse
Grades 01-04
D
Arlington Elementary School
0.2 mi | #750 of 825 | Score: 32.5
Improved 57 spots from last year
-25.7 below state avg
513 students Less Diverse
Rising School
Grades K-04
Lawrence Early Childhood Center
0.4 mi
217 students Less Diverse
Grades PK-K
F
Francis M. Leahy School
0.5 mi | #812 of 825 | Score: 25.6
Improved 21 spots from last year
-32.6 below state avg
461 students Less Diverse
Rising School
Grades PK-04
M

Middle Schools

9 schools
C-
Arlington Middle School
0.2 mi | #313 of 352 | Score: 30.5
Improved 36 spots from last year
-27.7 below state avg
509 students Less Diverse
Rising School
Grades 05-08
Blessed Stephen Bellesini O.S.A. Academy
0.5 mi
Grades 05-08
F
Oliver Middle School
0.6 mi | #346 of 352 | Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
466 students Less Diverse
Grades 05-08
Esperanza Academy
0.8 mi
Grades 05-06
D
Alexander B Bruce School
1.0 mi | #330 of 352 | Score: 28.1
Dropped 6 spots from last year
-30.1 below state avg
431 students Less Diverse
Grades 03-08
C-
Guilmette Middle School
1.1 mi | #299 of 352 | Score: 31.8
Dropped 17 spots from last year
-26.5 below state avg
451 students Less Diverse
Grades 05-08
C-
Parthum Middle School
1.5 mi | #290 of 352 | Score: 32.4
Dropped 12 spots from last year
-25.8 below state avg
572 students Less Diverse
Grades 05-08
B+
Spark Academy
1.9 mi | #6 of 16 | Score: 36.3
Improved 270 spots from last year
-21.9 below state avg
570 students Less Diverse
Rising School
Grades 05-08
C-
Frost Middle School
2.1 mi | #304 of 352 | Score: 31.3
Improved 21 spots from last year
-26.9 below state avg
474 students Less Diverse
Rising School
Grades 05-08
H

High Schools

5 schools
B-
RISE Academy
1.1 mi | #223 of 346 | Score: 66.7
Same rank as last year
105 students Less Diverse
College Ready Curriculum
Grades 06-12
Central Catholic High School
0.2 mi
21 sports • 2,718 athletes
Strong Athletics
Grades 09-12
B
Phoenix Academy Public Charter High School, Lawrence
1.1 mi | #182 of 346 | Score: 69.9
Same rank as last year
133 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
B
High School Learning Center
1.2 mi | #172 of 346 | Score: 71.1
Same rank as last year
158 students Less Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
C
Lawrence High School
2.1 mi | #270 of 346 | Score: 45.3
Improved 37 spots from last year
-12.9 below state avg
3,280 students Less Diverse
13 sports • 1,440 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Location

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Neighborhood

28 Exchange Street, Lawrence MA 01841

Lawrence, MA 01841

Listing Information

Listing Agent Michelle Fermin
Listing Office RE/MAX Prestige
Office Phone 978-689-2880
Agent MLS ID H9500082
Office MLS ID G80039
Listing Data Updated Apr 1, 2025 6:53 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
mail@steve-novak.com
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