Lawrence MA Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
5
Lot size:
0.07 Acres
Year built:
1922
Baths:
2.00
MLS#:
73310422

ADDITIONAL INFORMATION

Updated 2 family located in the desirable South Lawrence area near the Andover line. The property has a brand new roof recently done over back in 2022, two new gas furnace heaters and two new boilers replaced in 2022. First floor is vacant, has 2 bedrooms but can be converted into a 3 bedroom apartment. The second floor is rented but tenants are at will with no contract. The home is great for owner occupants looking to live in one floor and rent the other or a savy investor looking to increase rents in a hot market. The property has 3 parking spots and a cozy backyard. Property is turn key and requires minimal maintenance, don’t miss out.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.07 Acres
Year built:
1900
Baths:
3.00
MLS#:
73305156

ADDITIONAL INFORMATION

Income-Generating Multi-Family in Lawrence!With 5 bedrooms, 3 bathrooms, and off-street parking for each unit, this 3-family home is a standout investment opportunity. Located in a dynamic neighborhood with quick access to shopping, restaurants, schools, and entertainment, this property is perfect for investors seeking immediate rental income. A rare find, this is your chance to own a high-performing asset in a prime location!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.14 Acres
Year built:
1900
Baths:
2.00
MLS#:
73298687

ADDITIONAL INFORMATION

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.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Year built:
1900
Baths:
6.00
MLS#:
73295814

ADDITIONAL INFORMATION

Discover an exceptional investment opportunity with this versatile multi-use property, featuring a blend of new construction and existing residences. Enjoy four beautifully designed residential units, including two newly constructed open-space units with 2 bedrooms, 1 bath, and central AC. Additionally, there are two spacious units offering 3 bedrooms and 1 bath each. Complementing the residential spaces are two prime main-level retail spaces. The interiors are highlighted by upgraded kitchens, durable laminate flooring, and stylish tile accents that seamlessly combine durability with aesthetic appeal. Don’t miss out on this promising addition to your portfolio!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.14 Acres
Year built:
2004
Baths:
3.00
MLS#:
73293167

ADDITIONAL INFORMATION

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!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Lot size:
0.09 Acres
Year built:
1900
Baths:
4.00
MLS#:
73285494

ADDITIONAL INFORMATION

MONEY FACTORY! This huge, brick, 4-unit 10 bedroom 10% cap property placed conveniently in North Lawrence between bustling, Essex street and Lawrence Memorial Hospital has tons to offer- including move in-ready units with all new plumbing, new electrical, renovated bathrooms and a large driveway that fits 4-5 vehicles. Group showings only.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1880
Baths:
7.00
MLS#:
73201130

ADDITIONAL INFORMATION

Welcome to this unique investment opportunity - a 5-unit multi-family home currently utilized as a 4-unit gem! Situated in a convenient location, this property is a canvas awaiting your transformative touch!! The exterior needs some TLC offering an ideal project for the savvy investor. Inside discover the updated heating systems ensuring comfort and efficiency. The units boast a mix of modernization, with a spacious 3 bedroom, two inviting 2 bedroom apartments, and a cozy 1 bedroom retreat. Each unit offers a comfortable living space embracing a balance of functionality and charm. The outside offers ample parking - a luxury - plus a foundation for another building with garage space below plus a storage shed.This property stands as a promising investment opportunity, combining the appeal of a multi-family home with the potential for value appreciation!! *****24 Hour Notice to show required****

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Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The property listing data and information, or the Images, 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, 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. 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. Copyright © 2024 MLS Property Information Network, Inc. All rights reserved.



Lawrence Real Estate

The median home value in Lawrence, MA is $455,000. This is lower than the county median home value of $572,900. The national median home value is $338,100. The average price of homes sold in Lawrence, MA is $455,000. Approximately 27.93% of Lawrence homes are owned, compared to 68.12% rented, while 3.95% are vacant. Lawrence real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lawrence real estate agent to arrange a tour today!

Lawrence, Massachusetts has a population of 87,798. Lawrence is less family-centric than the surrounding county with 23.28% of the households containing married families with children. The county average for households married with children is 30.06%.

The median household income in Lawrence, Massachusetts is $47,542. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Lawrence is 32.2 years.

Lawrence Weather

The average high temperature in July is 82.5 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 48.3 inches per year, with 53.7 inches of snow per year.

Lawrence Real Estate Market Conditions

  • Median sales price

    $455,000
    12.9% change since last quarter
  • # Active listings

    47
    30-day change

Lawrence Schools and Demographics

Education near Lawrence, MA

Metric City County
High School Graduates 69.69 89.74
College Degree - 2 year 4.85 8.19
College Degree - 4 year 13.54 41.19
Graduate Degree 2.89 12.52
Expenditures per Student 20,221 20,221
Students per Teacher 12 12

Elementary Schools near Lawrence, MA

School Grades Students P/T Ratio ZIP
Alexander B Bruce 03 - 08 539 12.7 01841
Bancroft Elementary School KG - 05 462 14.5 01810
Community Day Arlington PK - 04 642 11 01841
Community Day Charter Public School - Gateway PK - 03 200 8.8 01841
Community Day Charter Public School - Prospect PK - 08 400 9.1 01840
Community Day Charter Public School - R. Kingman Webster PK - 03 200 8.8 01841
Comprehensive Grammar School PK - 08 1,159 14.5 01844
Donald P Timony Grammar PK - 08 1,371 15.3 01844
Edward F. Parthum KG - 04 604 14.4 01841
Emily G Wetherbee KG - 08 707 15.9 01843
Francis M Leahy KG - 05 553 15.7 01841
Gerard A. Guilmette 01 - 04 540 14.2 01841
Henry C Sanborn Elementary School KG - 05 366 13.5 01810
High Plain Elementary School KG - 05 523 12.4 01810
James F Hennessey PK - 02 388 15.5 01841
John Breen School PK - KG 333 21.1 01841
John K Tarbox 01 - 05 351 16.7 01841
Lawlor Early Childhood Center KG - KG 176 17.6 01841
Lawrence Family Development Charter School KG - 08 678 12.1 01841
Lawrence Family Public Academy PK - KG 181 11.3 01841
Marsh Grammar School PK - 08 1,306 16 01844
Oliver Partnership School 01 - 05 489 14.8 01840
Robert Frost KG - 04 589 15.9 01843
Rollins Early Childhood Center PK - KG 187 15.6 01841
Shawsheen School PK - 02 233 10.5 01810
South Elementary School KG - 05 519 14.9 01810
South Lawrence East Elementary School 01 - 04 573 14.1 01843
Tenney Grammar School PK - 08 1,317 15.2 01844
West Elementary School PK - 05 653 13.5 01810

Middle Schools near Lawrence, MA

School Grades Students P/T Ratio ZIP
Andover West Middle School 06 - 08 567 12.6 01810
Arlington Middle School 05 - 08 520 13.8 01841
Doherty Middle School 06 - 08 574 11.6 01810
Frost Middle School 05 - 08 488 14.8 01843
Guilmette Middle School 05 - 08 515 13.2 01841
Henry K Oliver 07 - 08 739 9.9 01840
Parthum Middle School 05 - 08 533 14.8 01841
Spark Academy 05 - 07 435 14.9 01843
Up Academy Leonard Middle School 06 - 08 331 10.9 01841
Up Academy Oliver Middle School 06 - 08 332 12.2 01840
Wood Hill Middle School 06 - 08 419 11.3 01810

High Schools near Lawrence, MA

School Grades Students P/T Ratio ZIP
Andover High School 09 - 12 1,760 14.8 01810
Business Management & Finance High School 09 - 12 490 13.6 01843
Health & Human Services High School 09 - 12 520 13.6 01843
High School Learning Center 09 - 12 193 9.8 01840
Humanities & Leadership Development High School 09 - 12 584 13.5 01843
International High School 09 - 12 490 10.8 01843
Math, Science & Technology High School 09 - 12 525 15 01841
Methuen High School 09 - 12 1,800 13.5 01844
Performing & Fine Arts High School 09 - 12 537 12.8 01843

Ungraded Schools near Lawrence, MA

School Grades Students P/T Ratio ZIP
* GR Lawrence Regional Vocational Technical 09 - 12 1,352 10.1 01810
* Phoenix Academy Lawrence 09 - 12 185 15.2 01841
School for Exceptional Studies 01 - 12 200 6.2 01841
South Lawrence East Middle School 08 - 08 159 12.7 01843

Demographics near Lawrence, MA

Metric City County
Neighborhood Type Inner City
Population 87,798 804,598
Population Density 12,667 1,634
Median Age 32.2 40.8
People per Household 2.9 2.6
Median Household Income 47,542 86,684
Average Income per Capita 23,316 46,263