131 May Street

Lawrence, MA 01841

$869,900
Price
8
Beds
3
Baths
3,220 Sq. Ft.
$270 / Sq. Ft.
3,220
Sq. Ft.
$270
per Sq. Ft.

Description

Welcome to this showcase of pride in ownership multi-family home, built in 2004, boasting three levels of fully finished living space. The large open-concept design creates a spacious and inviting atmosphere in each unit. This property features two main units, each offering 3 bedrooms. The finished basement, features 900 sq ft, includes a 2-bedroom unit, providing additional rental income or living space. Energy efficiency is a highlight with solar panels that cover energy needs for two levels, reducing...Welcome to this showcase of pride in ownership multi-family home, built in 2004, boasting three levels of fully finished living space. The large open-concept design creates a spacious and inviting atmosphere in each unit. This property features two main units, each offering 3 bedrooms. The finished basement, features 900 sq ft, includes a 2-bedroom unit, providing additional rental income or living space. Energy efficiency is a highlight with solar panels that cover energy needs for two levels, reducing costs and have a low lease agreement. Each unit is equipped with central air conditioning and heating, with condenser units less than 5 years old, ensuring comfort year-round. The home is suited with a high-end water softener system by Puronics, installed less than 3 years ago, providing superior water quality. In addition, tenants have access to a coin-operated laundry on-site, plenty of parking and proximity to local amenities add to the appeal. Schedule a Showing today!
  1. Listed by Michelle Silverio • Century 21 North East

Property Details for 131 May Street

Town
Lawrence
MLS Area
North Lawrence
Area
MA-Lawrence-North Lawrence, MA-Lawrence
Garage Spaces
0
Parking Spaces
8.00
Parking Spaces Total
8
LISTING UPDATED: 10/10/2024 05:56 PM

Property Details for 131 May Street

StatusActive
MLS #73293167
Days on Market33
Taxes$5,954 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built2004
CountyEssex County

Building Information for 131 May Street

Stories6Residences3Year Built2004Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 131 May Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, Sidewalks
  • Living Area: 3220.0
  • Color: Light Grey
  • SqFt with Basement: Yes
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Full, Finished, Walk Out, Interior Access
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Hardwood
  • Interior Features: Laundry Room, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Storage, Bathroom with Shower Stall, Living Room, Kitchen, Living RM/Dining RM Combo, Mudroom
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
  • Window Features: Picture Window, Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Balcony/Deck, Balcony
  • Exterior Features: Balcony, Porch, Deck - Wood
  • Fencing: Fenced/Enclosed
  • Lot Description: Gentle Sloping
  • Patio And Porch Features: Porch, Deck - Wood
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Paved Driveway, Unpaved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Paved Driveway, Unpaved Driveway
  • Parking Features: Off-Street, Paved Driveway, Unpaved Driveway
Utilities
  • Cooling: Central Air, Active Solar, Ductless Mini-Split System
  • Cooling: Yes
  • Electric: 220 Volts, Individually Metered
  • Green Energy Efficient: Varies per Unit
  • Green Energy Generation: Solar
  • Heating: Central, Active Solar, Electric, Ductless
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Disclosures: Buyer and buyers agent to perform own due diligence. Seller currently occupies the garden level unit and is willing to vacate or entertain a rent back option.
Tax Information
  • Listing Terms: Seller W/Participate
  • Tax ID: 4211573
  • Assessments: $643,700
  • Book: 9665
  • Tax Year: 2024
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Accessibility Features: Handicapped Equipped
  • Foundation: Concrete Perimeter
  • Cooling Units: 3
  • Heat Units: 3
Income / Expenses
  • GOI: $57,000.00
  • NOI: $57,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 3
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,750.00

Property History for 131 May Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 131 May Street

Taxable ValueLand$123,500Additions$520,200Total$643,700
Tax Record2024$5,954 ($496 / month)
Home Facts
Baths4Total Finished SqFt2,320 SqFtAbove Grade Finished SqFt2,320 SqFtStories2Lot Size5,895 SqFtStyleDuplexYear Built2004CountyESSEXAPNLAWR M:0211 B:0000 L:0006

Schools near 131 May Street

This home is within Lawrence School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - 3 to 8
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
School For Exceptional Studies
PublicPK to 12

Alexander B Bruce
Public3 to 8

Lawrence High School
Public9 to 12

Parthum Middle School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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131 May Street is a multi-family home for sale in Lawrence, MA 01841. This property was listed for sale on September 20, 2024 by Century 21 North East, it's currently listed at $869,900. It has been on the market for a total of 33 days and was last sold on July 27, 2005. This listing's school district is Lawrence School District. Nearby schools include School For Exceptional Studies, Alexander B Bruce and Lawrence High School. 131 May Street is a 8-bed, 3-bath, 3,220 sqft multi-family home built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 North East, Michelle Silverio

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.