Off Market
61-63 Kingston St, Lawrence, MA
Lawrence · MA 01843
- $599,900
- Price
- 6
- Beds
- 3
- Baths
- 3135
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
3 Units
Lot size:
1,858 Sq.Ft Lot
Price per square foot:
$191 / Sq.Ft
Parking:
No Parking
About this home
Cash buyer?s dream deal! This 3-family offers strong long-term upside and solid mechanical updates, making it an excellent opportunity for the savvy investor. Property must be sold to a cash buyer due to a first-floor life-estate tenant, allowing the next owner to secure a value-add asset at a favorable entry point. All three heating systems and hot water tanks were replaced in 2019, and electrical service was updated to 100 amps per unit in 2025, reducing major upfront expenses. The second and third floors are vacant offering straightforward potential to reconfigure into 3-bedroom layouts to increase future income. Recently subdivided from 59 Kingston Street?sale includes only the 3-decker at 61?63 Kingston. While off-street parking is not included, the area provides ample on-street parking. A strategic investment with meaningful upside once fully repositioned. Book your private showing now!
Neighborhood & Transit
61-63 Kingston St, Lawrence · MA 01843
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:
- 302 days
- Listing Price:
- $599,900
- Price per Sq.Ft:
- $191
- Tax Assessment:
- $634,900 in 2025
- Taxes:
- $457 / Monthly
Home Facts
Interior Features
- Bedrooms
- 6
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 3,135 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3135
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 100 Amps
Exterior Features
- Lot Size
- 1,858 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Other (See Remarks)
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Jose Frias
- Listing office
- Realty ONE Group Nest
- MLS PIN #
- 73461771
- Disclosure
- Sale is subject to an existing life estate for the 1st-floor tenant, who has the legal right to occupy the unit for life. This interest runs with the land, survives transfer, and cannot be terminated for non-payment. Property was recently subdivided from former parcel including 59 Kingston.
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