151-153 Bailey St Lawrence, MA 01843
South Common NeighborhoodEstimated payment $9,632/month
About This Home
151-153 Bailey Street is located in South Lawrence, providing strong urban visibility within a well-established neighborhood and convenient access to local amenities. The Property is comprised of two (2) three-unit buildings offering six (6) residential rental units in a highly walkable area with proximate retail, services, and community assets. The Property is within walking distance of the Lawrence MBTA Commuter Rail station, facilitating direct connections to Boston and the surrounding metropolitan area. The site is near major thoroughfares with convenient access to I-495 and Routes 28 and 114, supporting efficient regional travel throughout the Merrimack Valley and into Greater Boston. Tenants are responsible for separately metered electricity, as well as gas powered heat & hot water. The Landlord provides city water and sewer to the property. The opportunity exists to acquire a well maintained asset in the desirable Merrimack Valley area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,868
Year Built
- Built in 1900
Home Design
- 7,841 Sq Ft Home
- Rubber Roof
Bedrooms and Bathrooms
- 21 Bedrooms
- 6 Full Bathrooms
Parking
- On-Street Parking
- Open Parking
Additional Features
- 4,791 Sq Ft Lot
- Separate Meters
- Basement
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number 4202487
Community Details
Overview
- 6 Units
- Property has 1 Level
Building Details
- Operating Expense $36,947
- Net Operating Income $145,453
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2026 02/10/26 | For Sale | $1,725,000 | -- | $220 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73475924
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
- 161-167 S Union St
- 143 Foster St
- 356-360 S Union St
- 27-29 Dorchester St
- 31 Garfield St
- 80 Market St
- 82 S Broadway
- 12-12A Durham St
- 40 Chester St
- 4 Shawsheen Rd Unit 2
- 49 Bowdoin St Unit 51
- 341 S Broadway- Parcel II
- 24 Inman St Unit 6
- 24 Inman St Unit 4
- 91-93 Newton St
- 87-87A Brookfield St
- 11 Fernwood St
- 57 Glenwood St
- 127 Marblehead St Unit A
- 68 Union St
- 107 Abbott St Unit 2
- 107 Abbott St Unit 3
- 124 Abbott St Unit 204
- 175 Abbott St Unit 175-1
- 1 S Union St
- 250 Merrimack St
- 240 Canal St
- 302 Canal St Unit 7-04
- 302 Canal St Unit 7-07
- 300 Canal St Unit 6-512
- 300 Canal St Unit 5-101
- 300 Canal St Unit 8-506
- 300 Canal St Unit 5-103
- 300 Canal St Unit 1-305
- 300 Canal St
- 2 Museum Square
- 98-100 Essex St Unit 301
- 98-100-100 Essex St Unit 3A
- 136 Essex St Unit 501
- 24 Inman St Unit 28