Offer deadline Tuesday at 3:00pm... Charming and well-maintained multi-family property with spacious units, updated kitchens and bathrooms, and plenty of parking. Recent improvements include newer kitchens, bathrooms, roof, and water heaters. The property also features a large backyard, deck, patio area, and detached two-car garage. A great opportunity for investors or owner-occupants looking for space, updates, and rental potential.A great investment opportunity with strong rental potential and valuable improvements already in place. The spacious layout, separate living areas, ample parking, and outdoor space make this property a solid addition to any investor’s portfolio.
Multi-familyProperty Type
1920Year Built
7,282 sq ftLot Size
$235Price/Sq.Ft.
2 garage spacesParking
Listed by Olivares Molina TEAM• Realty One Group Nest
Prospect Hill-Back Bay, located between the Merrimack River and Prospect Hill Park, is a historic and residential Lawrence neighborhood with hillside streets and riverfront edges. Triple-deckers and compact Victorians line the slopes, while brick mill buildings shape the skyline across the water. The neighborhood’s character concentrates around the Common Street and Essex Street corridor, where independent cafés, bakeries, and small storefronts set a steady, street-level rhythm. Lawrence Heritage State Park and the Visitor Center anchor local history with canal walks and mill-era exhibits. Campagnone Common and the riverwalk add open-air breathing room for a midday loop. The mix of walkable blocks and quick routes to downtown keeps daily routines straightforward.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Full, partially finished basement with walk-out access, interior entry, and concrete foundation
Bathrooms
3 full bathrooms
Laundry & utility
Washer hookup
Flooring
Tile, laminate, and hardwood flooring
Heating & cooling
2 heating units
Exterior features
Porch and patio
Rain gutters
Public road frontage
Home design
Two-family home with two units, one above the other
3 stories
Parking
2-car garage
6 open parking spaces
Paved off-street driveway
Construction
Frame construction
Stone foundation
Shingle roof
White exterior
Utilities
Public water
Public sewer
Circuit breakers
Utilities for gas and electric ranges
Solar power production system installed in 2021
HOA & community
Near public transportation, shopping, medical facilities, highway access, and public schools
Electricity and solar
View estimated energy costs and solar savings for this home
Prospect Hill. Oversized two family with extra living space on third floor, two detached car garage, plenty of parking, some hardwood floor, fenced in yard.
Public Records
Apr 17, 2009
Sold
$200,000
$53/sq ft
MLS PIN #70639925
Apr 17, 2009
Listing Removed
—
Apr 17, 2009
Sold
$200,000
$53/sq ft
Aug 30, 2007
Listed
—
Well maintained 2 family in prospect hill, large unit with 4 bedrooms, hardwood floors, natural woo work, ceramic tiles in kitchen,parking, fenced-in yard.
Public Records
Feb 28, 2005
Sold
$360,000
$96/sq ft
MLS PIN #70127785
Feb 26, 2005
Sold
$350,000
$93/sq ft
Jan 10, 2005
Listing Removed
—
Dec 22, 2004
Listed
$359,900
$96/sq ft
Public Records
Jul 10, 2002
Sold
$255,000
$68/sq ft
Public Records
Jan 29, 1992
Sold
$135,000
$36/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,575 (+14.3%)
$135,400 + $511,700
$647,100
2022
$5,752 (+2.2%)
$120,800 + $382,000
$502,800
2021
$5,628 (+2.8%)
$120,800 + $337,900
$458,700
2020
$5,473 (+4.6%)
$119,000 + $321,300
$440,300
2019
$5,233 (+6.5%)
$95,100 + $287,400
$382,500
2018
$4,915 (+6.5%)
$90,700 + $252,500
$343,200
2017
$4,616 (+7.6%)
$83,700 + $217,200
$300,900
2016
$4,290 (+10.1%)
$74,900 + $201,700
$276,600
2015
$3,898 (+3.6%)
$59,900 + $197,900
$257,800
2014
$3,764 (+10.4%)
$66,500 + $174,600
$241,100
2013
$3,410 (+2.2%)
$66,500 + $159,600
$226,100
2012
$3,335 (+5.6%)
$73,800 + $159,600
$233,400
2011
$3,157
$79,200 + $155,500
$234,700
2010
$3,157 (−7.6%)
$79,200 + $155,500
$234,700
2009
$3,415
$84,900 + $234,300
$319,200
Public record
Public record
Zoning
Permits
Beds
7
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
7,405 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,747
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,747
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Essex County
APN
4201773
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
R-2
Two-Family Residential District
To permit single and two family housing at a medium density; to ensure a safe and healthy living environment; and to ensure that other uses permitted within the districts are compatible with the single and two family uses. There shall be no more than 1 two-family dwelling per lot.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Day care facility
Rehabilitation center
Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Library
Feb 3, 2023 • Active
Gas fitting
Gas
May 4, 2022 • Active
Building
Electrical
Solar
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Lawrence, MA • 01841
Average low and high temperatures (°F)
33
18
35
19
51
31
60
39
69
50
81
60
85
65
81
59
75
55
64
44
52
35
38
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 20 Ridge Rd
$917,249
$37K over list price of $880K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $740K to $1.1M.