Active

15 Days on market

117 Exchange Lawrence — Photo 1 of 41

$524,900

117 Exchange, Lawrence, MA 01841

Lawrence, MA 01841

Investor Analysis

Beds

Baths

SqFt

1,880

Style

Single Family

Built

1920

Welcome to 117 Exchange St, a beautifully updated 4-bedroom, 3 bathrooms single-family home offering approximately 1,880 sq. ft. of living space. The main level features an open living and dining area with a fireplace, recessed lighting, and a modern kitchen equipped with stainless steel appliances. Additional highlights include first-floor laundry, a full basement, a fenced yard, and four off-street parking spaces. Conveniently located near public transportation, schools, parks, shopping, restaurants, and major highways. Schedule your showing and discover all this move-in-ready home has to offer!

Open Houses

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$279/sqft

Local Avg (Lawrence)$369/sqft

24% BelowMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Lawrence, MA.

Financials

Original Price$524,900

Annual Taxes$3,684

Parking

Garage0

Off-Street4

Interior Specifications

Total Rooms9

Fireplaces1

FlooringTile, Vinyl

BasementFull

Climate & Utilities

HeatingBaseboard

CoolingWindow Unit(s)

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationStone

ZoningR-3

Property & Lot

Acres0.07

SqFt Lot3,200

Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • ENERGY STAR Qualified Dishwasher

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Population

52,769

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$57K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

68.9%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,880 sq ft principal dwelling). Lot size: 3,200 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Lawrence, MA market report ZIP 01841 market data

Listing Provided By

Listing Agent: The Liriano Team

Listing Office: Keller Williams Realty

MLS® Number: 73569150