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.
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!
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.
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!
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!
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.
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****
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.
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.