Off Market

82 S Broadway, Lawrence, MA

Lawrence · MA 01843

$2,995,000
Price
38
Beds
7
Baths
17706
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 41 Units
Lot size: 6,995 Sq.Ft Lot
Price per square foot: $169 / Sq.Ft
Parking: No Parking

About this home

This 41-unit mixed-use building consists of (3) commercial units totaling 5900 SF and (38) SRO (single room occupancy) units across 11,800 SF. The property sits on 0.16 acres with 17,706 SF of living area in 24,502 gross square feet. This asset is well-maintained, featuring a new roof, a new heating system, and a state-of-the-art security system. All upgrades to the building have been completed in the past 3 years. The property is well-positioned on the south side of Lawrence and provides direct access to Boston via Interstates 93 and 495, MA Route 28, and The Lawrence Train Station with service on the MBTA’s Haverhill Line (0.6 miles). The property is walkable to local retail establishments, grocery stores, and parks. The cap rate upon acquisition is 10%. Seller will consider other property in trade to help accommodate a 1031 exchange.

Neighborhood & Transit

82 S Broadway, 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:
$2,995,000
Price per Sq.Ft:
$169
Tax Assessment:
$2,342,400 in 2025
Taxes:
$2,187 / Monthly

Home Facts

Interior Features

Bedrooms
38
Full Bathrooms
7
Half Bathrooms
0
Living Area
17,706 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
17706
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
6,995 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

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

Listing information

Listing agent
Bradford Carlson
Listing office
New England Realty Advisors LLC
MLS PIN #
73454121