Elizabeth Carrison
RI Real Estate Services
(401) 298-9143
66 Total Sales
1 in South Common
$650,000 Price
151-153 Bailey St Lawrence, MA 01843
South Common Neighborhood
21
Beds
6
Baths
7,841
Sq Ft
4,791
Sq Ft Lot
About This Home
As of April 2026151-153 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.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,868
Year Built
- Built in 1900
Lot Details
- 4,791
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
- Total Actual Rent $15,200
- 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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Common, MA
-
Elizabeth Carrison
-
Roc Noelsaint
Roc Noelsaint
Real Broker MA, LLC
(781) 645-4872
25 Total Sales
1 in South Common
$1,050,000 Price
-
Jim Serino
Jim Serino
Coldwell Banker Realty
(833) 657-4492
54 Total Sales
1 in South Common
$849,900 Price
-
Team Valdez Mejia
Team Valdez Mejia
Keller Williams Realty
(351) 208-2030
160 Total Sales
6 in South Common
$485K - $1.1M Price Range
-
Lisa Green-Browne
Lisa Green-Browne
Keller Williams Realty
(781) 725-6648
80 Total Sales
1 in South Common
$458,000 Price
-
Sadie Camilo
Sadie Camilo
Team Zingales Realty, LLC
(351) 208-1301
35 Total Sales
1 in South Common
$410,000 Price
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 |
|---|---|---|---|---|
| 04/27/2026 04/27/26 | Sold | $1,600,000 | -7.2% | $204 / Sq Ft |
| 02/27/2026 02/27/26 | Pending | -- | -- | -- |
| 02/10/2026 02/10/26 | For Sale | $1,725,000 | -- | $220 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Agents Affiliated with this Home
-
Spencer Norton
Seller's Agent in 2026
Spencer Norton
Horvath & Tremblay
(781) 776-4524
3 in this area
30 Total Sales
Map
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.
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