31 Garfield St, Lawrence MA 01843

Lawrence, MA 01843 • South Lawrence
$700,000
Est. $4,513/month
6,552
Sq Ft
$107
Price/Sq Ft
0.27
Acres
2010
Year Built
75
Days on Market
Closed Listed Jun 14, 2023 • MLS# 73124673 Copied!

About this home

Back on market due to buyer financing. Motivated seller with improved price. Embrace this great opportunity to own this fantastic mixed-use property offering the perfect blend of residential comfort and commercial potential. This remarkable gem features two well-designed, 13yrs young buildings. The upper level boasts 2 inviting residential units offering the utmost in contemporary living with their spacious layouts, and abundant natural light with great income. The lower level of this versatile property presents an incredible opportunity for entrepreneurial ventures. Equipped with a spacious commercial garage space, the possibilities are endless. Whether you envision a workshop, garage, or a creative studio, this adaptable area allows your business aspirations to flourish. Parking accommodations for approximately 15 vehicles. Located in a desirable area with nearby amenities, including shops, restaurants, and parks. Don't miss out on this exceptional investment opportunity.

Property Overview

Listing Type
Commercial Sale
Year Built
2010
Living Area
6,552 sq ft

Sale Statistics

Sale Overview
Original List Price: $899,900
Final Sale Price: $700,000
Difference: $199,900 (-22.2%)
Performance Metrics
77.8%
List to Sale Ratio
Sold below asking price
75
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $137
Sale $/sq ft: $107
This property sold for $107 per square foot
Sale Summary

This property sold for 22.2% below the original asking price.

The property spent 75 days on market before selling.

Facts & Features

Home Facts

Type Commercial Sale
Year Built 2010
Living Area 6,552 sq ft
Lot Size 0.27 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Asphalt/composition Shingles
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available

Financial

Annual Tax $9,279

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 2010
Structure Type:
Exterior Materials:
Roof: Asphalt/Composition Shingles
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:

Location

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Neighborhood

South Lawrence

31 Garfield St, Lawrence MA 01843

Lawrence, MA 01843

Walkability

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Nearby Schools

School District
Lawrence School District local
🎓 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
Lawrence Catholic Academy
0.4 mi
Grades PK-08
CLASS, Inc.
0.5 mi
Grades K-12
C+
Emily G Wetherbee School
0.5 mi | #235 of 352 | Score: 37.5
Improved 66 spots from last year
-20.7 below state avg
480 students Less Diverse
Grades K-08
B+
Community Day Charter Public School
1.3 mi | #125 of 352 | Score: 46.9
Dropped 12 spots from last year
-11.3 below state avg
1,200 students Less Diverse
Grades PK-08
F
School for Exceptional Studies
1.3 mi | #343 of 346 | Score: 17.7
Improved 40 spots from last year
-40.5 below state avg
118 students Less Diverse
Grades PK-12
C
Lawrence Family Development Charter School
1.4 mi | #254 of 352 | Score: 36.0
Dropped 53 spots from last year
-22.3 below state avg
899 students Less Diverse
Strong Attendance
Grades PK-08
John Breen School
0.5 mi
262 students Less Diverse
Grades PK-K
C
South Lawrence East Elementary School
0.5 mi | #627 of 824 | Score: 39.4
Improved 13 spots from last year
-18.8 below state avg
666 students Less Diverse
Grades 01-05
C
Robert Frost School
0.8 mi | #602 of 824 | Score: 40.8
Dropped 33 spots from last year
-17.4 below state avg
568 students Less Diverse
Grades K-04
James F Hennessey School
1.1 mi
300 students Less Diverse
Grades PK-02
M

Middle Schools

9 schools
B+
Spark Academy
0.5 mi | #6 of 16 | Score: 35.8
Improved 270 spots from last year
-22.5 below state avg
443 students Less Diverse
Grades 05-08
C-
Frost Middle School
0.8 mi | #297 of 352 | Score: 31.7
Improved 28 spots from last year
-26.5 below state avg
508 students Less Diverse
Grades 05-08
Esperanza Academy
1.1 mi
Grades 05-06
C-
Guilmette Middle School
1.1 mi | #294 of 352 | Score: 31.8
Dropped 12 spots from last year
-26.4 below state avg
457 students Less Diverse
Grades 05-08
Blessed Stephen Bellesini O.S.A. Academy
1.3 mi
Grades 05-08
F
Oliver Middle School
1.3 mi | #346 of 352 | Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
348 students Less Diverse
Grades 05-08
D
Alexander B Bruce School
1.4 mi | #331 of 352 | Score: 27.7
Dropped 7 spots from last year
-30.5 below state avg
462 students Less Diverse
Grades 03-08
D
Arlington Middle School
1.9 mi | #325 of 352 | Score: 28.8
Improved 24 spots from last year
-29.4 below state avg
543 students Less Diverse
Grades 05-08
C-
Parthum Middle School
1.9 mi | #285 of 352 | Score: 32.8
Dropped 7 spots from last year
-25.4 below state avg
585 students Less Diverse
Grades 05-08
H

High Schools

5 schools
B-
RISE Academy
1.2 mi | #223 of 346 | Score: 66.7
Same rank as last year
74 students Less Diverse
College Ready Curriculum
Grades 06-12
C
Lawrence High School
0.4 mi | #270 of 346 | Score: 44.4
Improved 37 spots from last year
-13.8 below state avg
3,453 students Less Diverse
13 sports • 1,440 athletes
Early College Program Career Tech Programs College Ready Curriculum
Grades 09-12
B
High School Learning Center
0.5 mi | #172 of 346 | Score: 71.1
Same rank as last year
198 students Less Diverse
Career Tech Programs College Ready Curriculum
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
140 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
Central Catholic High School
1.5 mi
21 sports • 2,718 athletes
Strong Athletics
Grades 09-12
Learn about these ratings

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 $773
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

12.5%
Price Range

Property Timeline

Current Active Listing - MLS #73461451
Full transaction history available when tracking began
🏡
Currently Listed
Dec 10, 2025
$699,900
MLS #73461451 - Active
Sold
Jan 8, 2024
$700,000
Property sold
🏠
Listed for Sale
Jun 14, 2023
$799,900
Original listing
Agent: Jose Frias Office: Realty ONE Group Nest

Price & Status History

Date Event Price Change
Dec 14, 2025 Sold $699,900
Jun 14, 2023 New Listing Added $799,900

Market Statistics

Days on Market
75 days
Price per Sq Ft
$107

Tax History

Year Taxes Assessment
2023 $9,279

Financial Details

Annual Property Tax
$9,279
Tax Year 2023

Listing Information

Listing Agent Jose Frias
Listing Office Realty ONE Group Nest
Agent MLS ID CN207589
Office MLS ID AN7014
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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