499 Haverhill St Lawrence, MA 01841
Tower Hill NeighborhoodEstimated payment $7,245/month
Highlights
- Medical Services
- Deck
- Jogging Path
- 0.42 Acre Lot
- Property is near public transit and schools
- Porch
About This Home
Welcome to an exceptional investment opportunity in the City of Lawrence. This 9-unit property features a desirable unit mix of three one-bedroom units and six studio units, offering strong income potential. The property provides ample parking with at least one space per unit, as well as a garage. A large basement offers additional storage space for tenants. Two units are currently vacant, presenting an immediate opportunity for the new owner to select their own tenants or adjust rents to market value. The property also offers two generous side yards, giving tenants outdoor space to enjoy. Additional features include a newly built side deck, coin-operated washer and dryer available for tenant use, a welcoming front porch, and a good-sized lot. Conveniently located near restaurants, shops, supermarkets, parks, and with easy access to major highways including Route 93, this property is well positioned for both tenants and investors.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,382
Year Built
- Built in 1920
Home Design
- 4,172 Sq Ft Home
- Brick Exterior Construction
- Stone Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Full Bathrooms
Parking
- 10 Car Parking Spaces
- Driveway
- 10 Open Parking Spaces
Outdoor Features
- Deck
- Porch
Additional Features
- 18,295 Sq Ft Lot
- Property is near public transit and schools
- Separate Meters
- Unfinished Basement
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(heat electric water)
- Assessor Parcel Number M:0188 B:0000 L:0008,4210151
Community Details
Overview
- 9 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
Building Details
- Electric Expense $1,500
- Insurance Expense $5,089
- Water Sewer Expense $5,100
- Operating Expense $24,321
- Net Operating Income $78,879
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,382 | $952,500 | $244,600 | $707,900 |
| 2024 | $7,575 | $818,900 | $156,100 | $662,800 |
| 2023 | $7,152 | $703,900 | $130,300 | $573,600 |
| 2022 | $7,351 | $642,600 | $118,000 | $524,600 |
| 2021 | $6,805 | $554,600 | $103,400 | $451,200 |
| 2020 | $6,534 | $525,700 | $95,500 | $430,200 |
| 2019 | $6,278 | $458,900 | $109,400 | $349,500 |
| 2018 | $6,285 | $438,900 | $99,300 | $339,600 |
| 2017 | $5,891 | $384,000 | $99,300 | $284,700 |
| 2016 | $5,760 | $371,400 | $95,000 | $276,400 |
| 2015 | $5,532 | $365,900 | $95,000 | $270,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2026 03/13/26 | Pending | -- | -- | -- |
| 03/04/2026 03/04/26 | For Sale | $1,225,000 | -- | $294 / Sq Ft |
About the Listing Agent
Them there at Mega Realty understand how stressful it can be to deal with real estate. That is why Matheus is here to help. He will be able to provide you with all the information you need to make your process as easy and as stress free as it can be. From selling to buying to renting both commercial and residential Matheus has experience in all areas. He has worked in towns and cities all around Eastern Massachusetts; therefore, Matheus is very familiar with this area. The best part of his job
Matheus' Other Listings
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73482489
- 15 Crescent St Unit D
- 11 Crescent St
- 70 Butler St
- 16 Highgate St
- 20-22 Highgate St
- 12-14 Highgate St
- 42 Morton St
- 202 Broadway Unit 3-2
- 202 Broadway Unit 3-3
- 324-326 Broadway
- 29-31 Washington St
- 1008 Essex St Unit 1010
- 179-181 West St
- 10 Holly St
- 36 Manchester St
- 22-26 Chandler St
- 82 Water St
- 19 Oregon Ave
- 1082 Essex St
- 100 Hancock St
Ask me questions while you tour the home.