Lawrence MA Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.15 Acres
- Year built:
- 1865
- Baths:
- 6.00
- MLS#:
- 73315326
ADDITIONAL INFORMATION
7 Forest St contains a total of six (6) residential units comprised of three (3), 1-Bedroom/1-Bathroom units, two (2), 1+ Bedroom/1-Bathroom units, and one (1) Studio unit with 3,100 square feet of living area in 5,458 gross square feet on a 0.15-acre parcel of land. The property features separately metered heat, hot water, and electricity for 5 of the units. The units have below-market residential rents, the opportunity exists to increase the rents to market rates in an urban-infill, high demand, supply-constrained residential market increasing the income of the Property. The property has a current cap rate of 8.00%.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.09 Acres
- Year built:
- 1925
- Baths:
- 2.00
- MLS#:
- 73313659
ADDITIONAL INFORMATION
A beautifully maintained 2-family home, perfect for both investors and owner-occupants! Nestled in a sought-after owner-occupied neighborhood near the Lawrence/Methuen border, this property offers a blend of comfort, convenience, and opportunity. First Floor Unit: This spacious 3-bedroom, 1-bath unit has been completely rehabbed and is ready for you to move right in! Featuring brand-new flooring, a fresh coat of paint, and a bright, airy layout, this unit is ideal for an owner-occupant or to generate rental income. It will be delivered vacant, providing immediate flexibility for the new owner. Second Floor Unit: Spread across two levels, this expansive unit boasts 4 bedrooms and 1 bathroom, offering ample space for tenants or extended family. The unique layout creates endless possibilities for comfortable living arrangements. Outdoor Features: The property boasts a huge fenced-in yard, perfect for entertaining or a safe play area for kids and pets, with ample off-street parking.
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.08 Acres
- Year built:
- 1925
- Baths:
- 4.00
- MLS#:
- 73311348
ADDITIONAL INFORMATION
Discover an exceptional investment opportunity with this versatile mixed-use property in a high-traffic area. Featuring two commercial storefronts currently occupied by a tw beauty parlor, as well as two spacious residential units above, this property combines consistent income potential with modern amenities. This property is designed for low maintenance and reliability. With a total of 5,158 sq. ft. across three floors, the residential units offer three bedrooms and one bathroom each, providing steady rental income. Additionally, the property includes three off-street parking spaces, conveniently available for tenants and customers. Located in an urban setting with close access to public transportation, shops, and community amenities, this property appeals to both commercial and residential tenants alike.
- 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:
- Multi-Family
- 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!
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Lawrence Real Estate
The median home value in Lawrence, MA is $502,500. 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 $502,500. 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.