Property Details
Basic Information
- Property SubType: 5-9 Family
- MLS Number: 73520829
- Mls Status: Under Agreement
- List Price: $2,150,000
- Date Listed: 05/18/2026
- Units: 9
- Description: Exceptional investment opportunity in the heart of South Lawrence! This rare 9-unit property consists of a 6-unit building, a 2-family, and a single-family home, offering a total of 22 bedrooms and 10 bathrooms. The property features strong in-place cash flow with low operating expenses and upside potential. Most units have been tastefully renovated, providing modern interiors that attract and retain quality tenants. Major capital improvements include updated heating systems throughout, all replaced in 2019. The unit mix includes spacious 3-bedroom apartments, multiple 2-bedroom units, and a well-maintained single-family residence with 2 bedrooms and 2 baths. Located in a highly desirable South Lawrence location near major routes, shopping, schools, and public transportation. A turnkey asset with scale, stability, and long-term growth potential - one of the most attractive multifamily investments currently available in Lawrence.
Building
- Acreage: 0.15
- Square Feet: 10,057
- Year Built: 1920
- Zoning: R3
- Stories: 3
- Rooms: 37
- Roof: Shingle, Rubber
- Foundation: Stone
Location
- County: Essex
- Town: Lawrence
Finance
- Taxes: $14,784
Interior Features
Bedrooms
- Bedrooms: 22
Bathrooms
- Bathrooms: 10
- Full Baths: 10
Basement
- Basement: Full
Exterior Features
Exterior Features
- Exterior Features: Balcony
Utilities and Appliances
Utilities and Appliances
- Utilities: For Gas Range
Community
Amenities
- Amenities: Public Transportation, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
- Other Amenities: Basement