$600,000
PENDING

Estimated payment $3,584/month

Total Views 3,198
6 Beds
3 Baths
2,232 Sq Ft
$269 Price per Sq Ft

Highlights

  • Medical Services
  • Wood Flooring
  • Living Room
  • Property is near public transit
  • Bathtub with Shower
  • Shops

About This Home

Lead Certificates in hand. Welcome to 27 Exchange Street in Lawrence! This spacious two-family property offers an excellent opportunity for owner-occupants or investors alike. The first-floor unit features 2 bedrooms and 1 full bath, while the second-floor unit provides generous living space with 6 bedrooms and 2 full baths—ideal for larger households or strong rental income potential. Each unit offers comfortable layouts with bright living areas and functional kitchens, both with pantries. Laundry hook ups in the basement and off-street parking adds convenience, and the property’s location provides easy access to major routes, public transportation, shops, and schools. A great opportunity to build equity or expand your investment portfolio!

Listing Agent

Ray Boutin

RE/MAX Innovative Properties Listed on: 10/23/2025

RE/MAX Innovative Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,064

Year Built

  • Built in 1910

Lot Details

  • 3,200 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,232 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

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

Location

  • Property is near public transit

Schools

  • Lps Elementary And Middle School
  • LHS Or Gltech High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Baseboard Heating
  • 100 Amp Service
  • 60 Amp Service

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:0170 B:0000 L:0051,4208875

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Additional Features

  • 2 Units
  • Net Operating Income $47,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,064

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1910
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Pantry, Bathroom With Tub & Shower, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Microwave, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Interior Entry, Concrete
  • Above Grade Finished Sq Ft: 2232
  • Living Area: 2232
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN3560

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Asphalt/Composition Shingles
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Baseboard
  • Cooling Y N: No
  • Electric: 60 Amps/Less, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0170 B:0000 L:0051,4208875
  • Zoning: R-3
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3200
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5064

Multi Family

  • Net Operating Income: 47940
  • Number Of Units Total: 2
  • Total Actual Rent: 3995
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Lhs Or Gltech
  • Elementary School: Lps
  • Middle Or Junior School: Lps

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $5,064 $575,400 $97,500 $477,900
2024 $4,557 $492,600 $102,400 $390,200
2023 $4,842 $476,600 $98,900 $377,700
2022 $4,336 $379,000 $93,200 $285,800
2021 $4,237 $345,300 $93,200 $252,100
2020 $4,098 $329,700 $77,700 $252,000
2019 $3,962 $289,600 $57,800 $231,800
2018 $3,654 $255,200 $52,300 $202,900
2017 $3,424 $223,200 $49,600 $173,600
2016 $3,330 $214,700 $38,700 $176,000
2015 $3,193 $211,200 $38,700 $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2025 10/29/25 Pending -- -- --
10/23/2025 10/23/25 For Sale $600,000 -- $269 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed $59,900 --
Foreclosure Deed $72,600 --
Deed $278,500 --
Deed $38,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 No Value Available
Previous Owner $222,800 Purchase Money Mortgage
Previous Owner $25,987 Purchase Money Mortgage
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73447362

MLS Property Information Network (MLS PIN)

APN: LAWR-000170-000000-000051