2 months on rocket

406-408 Lowell St, Lawrence, MA, 01841

$655,000

Home List Price

$7,778*

Closing Credit

5 Bedrooms
2 Full Baths
1,838 SqFt
$356/SqFt
Multi

Location

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406-408 Lowell St, Lawrence$655,000

Buyer Closing Credits

$7,778*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street
Garage2 spaces
Year Built1900
MLS #73298687
Lot Size0.14 Acres
StatusActive

About 406-408 Lowell St

Come view this charming duplex-style family home, ideal for homeowners seeking additional rental income or investors. Nicely maintained with updated kitchens and small fenced in yard. The oversized multi car garage provides opportunity for additional rental income: perfect for a car enthusiast , additional storage , or workshop. This property combines classic charm with practical amenities, offering a unique opportunity for the right buyer.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,838 SqFt

Listing Office:

  • Office Name: Citylight Homes LLC
  • Office Phone: (978) 977-0050
  • Listing Agent: Homegrown Realty Team

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $655,000
  • Price Per SqFt: $356/SqFt

Tax Information:

  • Annual Amount: $3,744
  • 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

$555K

Med. Price/SqFt

$292

Avg. Days On Market

28

# of Sold Homes

20

406-408 Lowell St vs Lawrence

74 DAYS ON ROCKET

+46 Days

$655,000

+$100K More

$356/SqFt

+$64 More

KEY TAKEAWAY

This property is $100K more than the Median Sold Price and $64/SqFt more 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: #73298687

Listing Office:

  • Office Name: Citylight Homes LLC
  • Office Phone: (978) 977-0050
  • Listing Agent: Homegrown Realty Team

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.
Last updated on: 12/17/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 29, 2001Home Sold
$139,900
Apr 13, 2001Home Sold
$185,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,744$305,100
2020$3,557$286,200
2019$3,319$242,600
2018$3,103$216,700
2017$2,974$193,900

History based on county public records data.

Payment Calculator

$3,337

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,030

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NMLS#3030

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-4336825
2
/10

  • Guilmette Elementary School

  • 80 Bodwell St

  • 0.55 miles

  • Public District Grades 1-4

school-card-donut-4336826
3
/10

  • Frost Elementary School

  • 33 Hamlet St

  • 1.34 miles

  • Public District Grades KG-4

school-card-donut-4336827
2
/10

  • Community Day Arlington Elementary School

  • 150 Arlington St

  • 1.48 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,519. Typical income of Lawrence, MA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Lawrence›01841›406-408 Lowell St

This home is located at 406-408 Lowell St in Lawrence, MA and zip code 01841. This 1,838 square foot home, which was built in 1900, sits on a 0.14 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $655,000.

Over 13 listings were sold over their listed price in November 2024 in Lawrence, MA. In the same period over 5 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Lawrence, MA decreased by 17.4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $555,000, while the average time on the real estate market was 28 days.

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

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