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176-178 Bailey St, Lawrence, MA

Lawrence · MA 01843

$1,200,000
Price
17
Beds
5
Baths
5708
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 7,840 Sq.Ft Lot
Price per square foot: $219 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

Pleased to present 176?178 Bailey Street, a substantial 4-unit multifamily in Lawrence?s Southside neighborhood. The property features three (3) 4-bed/1-bath units and one (1) 5-bed/2-bath loft-style unit, totaling 5,708? sq. ft. of living area and 8,980? sq. ft. gross area on a 0.18-acre lot with off-street parking. Each unit is separately metered for electric, heat, and hot water; landlord responsible for common electric and domestic water/sewer. Recent updates include a brand-new 2025 asphalt shingle roof, newer boilers and water heaters, stainless appliances, and plank flooring. Added amenities include in-unit laundry hookups. Ideally located near the Commuter Rail, I-495, Routes 28 & 114, medical offices, downtown, shopping, and restaurants. With strong rental demand and major improvements, this property offers both stability and upside?an excellent opportunity in one of Lawrence?s most vibrant neighborhoods.

Neighborhood & Transit

South Lawrence

176-178 Bailey St, Lawrence · MA 01843

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Lawrence Commuter Rail 1 route 0.23 mi
    • Haverhill Line

Price Insight

Days on Market:
303 days
Listing Price:
$1,250,000
Price per Sq.Ft:
$219
Tax Assessment:
$841,100 in 2025
Taxes:
$617 / Monthly

Home Facts

Interior Features

Bedrooms
17
Full Bathrooms
5
Half Bathrooms
0
Living Area
5,708 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5708
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
7,840 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Michael Alvarez
Listing office
Alvarez Real Estate Group LLC
MLS PIN #
73429257
Disclosure
Property to be sold in as-is condition.