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South Common Multifamily Home for Sale

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    $3,200,000

    • 38 Beds
    • 7 Baths
    • 17,706 Sq Ft

    82 S Broadway, Lawrence, MA 01843

    This 41-unit mixed-use building consists of (3) commercial units and (38) SRO (single room occupancy) units. The property sits on 0.16 acres with 17,706 SF of living area in 24,502 gross square feet. This asset is well-maintained, featuring a new roof, a new heating system, and a state-of-the-art security system. All upgrades to the building have been completed in the past 3 years. The property

    Brad Carlson New England Realty Advisors LLC

    82 S Broadway, Lawrence, MA 01843

Why Live in South Common

South Common in Lawrence, Massachusetts, is a neighborhood characterized by its dense organization of homes, fostering a strong sense of community among residents. The area features a mix of multifamily homes, many built between the late 19th and early 20th centuries with Victorian and colonial styles, as well as mid-20th century Cape Cod-style single-family homes. South Common is home to several schools, including the expansive Lawrence High School, which houses the Abbott Lawrence Academy, an honors program offering college preparatory coursework and community service. The neighborhood is rich in attractions, with South Union Street serving as a main commercial thoroughfare. Here, residents can find a variety of dining options, such as Mamajuana Restaurant & Lounge, known for its Latin Caribbean cuisine, and Hayes Tavern, famous for its cold beer and Taco Tuesday. Grocery stores like V&V Market & Restaurant and Saigon Market provide diverse shopping options. Green spaces are plentiful, with O'Connell South Common offering amenities like a street hockey rink and volleyball courts, and Costello Park featuring a playground, basketball court, and access to the Shawsheen River Trail. The Senator Patricia McGovern Transportation Center, located on South Union Street, connects residents to Boston via the Massachusetts Bay Transportation Authority’s commuter rail system. Additionally, South Common's proximity to Interstate 495 allows for convenient travel to Interstate 93 and Boston, which is less than 30 miles away.

Home Trends in South Common, MA

Housing Trends

Median Sale Price
$505,000
Median Single Family Sale Price
$532,500
Median 2 Bedroom Sale Price
$300,750
Average Price Per Sq Ft
$333
Number of Homes for Sale
0
Last 12 months Home Sales
12
Months of Supply
0.00
Median List Price
$494,950
Median Change From 1st List Price
-5%
Median Home Sale Price YoY Change
19%
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