$1,500,000

Estimated payment $8,819/month

Total Views 8,995
12 Beds
6 Baths
5,576 Sq Ft
$269 Price per Sq Ft

Highlights

  • Medical Services
  • Living Room
  • Shops
  • Property is near public transit and schools
  • Park
  • Coin Laundry

About This Home

Exceptional investment opportunity in the heart of Lawrence! Situated on a quiet dead-end street, this well-maintained 6-unit multifamily offers strong cash flow and long-term upside. All six units feature 2 bedrooms, making them highly desirable for tenants. Tenants pay their own utilities, helping keep owner expenses low and maximizing returns. The property has been thoughtfully maintained, with a newer roof approximately 8 years old and updated water heaters installed in 2018, 2019, 2020, 2020, 2023, and 2025. A state-of-the-art sprinkler system is already in place, providing added safety and peace of mind. Additional highlights include a clean basement, ample parking with both front and side lots, and deleading certificates on file. Conveniently located near shopping, restaurants, public transportation, and major highways, this turnkey asset is ideal for both seasoned investors and those looking to expand their portfolio.

Listing Agent

Miguel Feliz

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 06/04/2026

Coldwell Banker Realty - Andovers/Readings Regional

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,510

Year Built

  • Built in 1920

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 5,576 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Driveway
  • 8 Open Parking Spaces
  • Off-Street Parking

Schools

  • Lawrence High School

Utilities

  • Window Unit Cooling System
  • 6 Heating Zones
  • Heating System Uses Natural Gas

Additional Features

  • 5,803 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:0166 B:0000 L:0071 2,4208518

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Additional Features

  • 6 Units
  • Net Operating Income $104,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,510

Year Built

Built in 1920

Lot Details

5,803 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1920
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl, Laminate
  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 12
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full
  • Above Grade Finished Sq Ft: 5576
  • Living Area: 5576
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 8
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0166 B:0000 L:0071 2,4208518
  • Zoning: R-3
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5803
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6510

Multi Family

  • Net Operating Income: 104400
  • Number Of Units Total: 6
  • Total Actual Rent: 10400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

MLS Schools

  • High School: Lawrence High

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,510 $739,800 $117,000 $622,800
2024 $6,631 $716,900 $122,900 $594,000
2023 $7,273 $715,800 $118,700 $597,100
2022 $6,824 $596,500 $111,900 $484,600
2021 $6,729 $548,400 $111,900 $436,500
2020 $6,256 $503,300 $93,300 $410,000
2019 $5,751 $420,400 $69,300 $351,100
2018 $5,489 $383,300 $62,800 $320,500
2017 $5,096 $332,200 $59,500 $272,700
2016 $4,732 $305,100 $46,500 $258,600
2015 $4,516 $298,700 $46,500 $252,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/04/2026 06/04/26 For Sale $1,500,000 -- $269 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $360,000 --
Quit Claim Deed $357,000 --
Deed $385,000 --
Deed $240,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $200,000 Unknown
Closed $270,000 Commercial
Previous Owner $267,750 Commercial
Previous Owner $200,000 Commercial
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73530723

MLS Property Information Network (MLS PIN)
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