Sold
185-193 Chestnut St, Lawrence, MA
Lawrence · MA 01841
- $1,549,900
- Price
- 19
- Beds
- 7
- Baths
- 3843
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
6 Units
Lot size:
5,662 Sq.Ft Lot
Price per square foot:
$403 / Sq.Ft
Parking:
1 Garage Space · 12 Off Street Spaces
About this home
Unlock the potential of this fully rented, cash-flowing six-unit multi-family property in Lawrence, MA. Featuring a three-family, a two-family, and a single-family home, this unique asset provides multiple income streams and a proven history of low vacancy. With separate utilities, private parking for 12 vehicles, and a garage with ADU potential, this property is designed for maximized returns. The pro-forma NOI of $165,503 and a projected cap rate of 10.3 to 11 percent offer immediate cash flow and long-term appreciation. Whether you're expanding your portfolio or securing a high-yield asset, this is the investment you?ve been waiting for. Opportunities like this don?t last?schedule your private showing today.
Neighborhood & Transit
185-193 Chestnut St, Lawrence · MA 01841
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 512 days
- Listing Price:
- $1,549,900
- Price per Sq.Ft:
- $403
- Tax Assessment:
- $895,200 in 2025
- Taxes:
- $656 / Monthly
Home Facts
Interior Features
- Bedrooms
- 19
- Full Bathrooms
- 7
- Half Bathrooms
- 0
- Living Area
- 3,843 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3843
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 5,662 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 1 Parking Space
- Off Street Parking
- 12 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Eridania Reyes
- Listing office
- View Real Estate Group
- MLS PIN #
- 73343750