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$1,300,000

Active

172-174 Park St

Lawrence, MA, 01841

Multi-Family · MLS #73555467

Price/sqft

$259

Days on market

8 days

Year built

1910

Lot size

0.16 ac

5,023 sq ft

Sq Ft

0.16 acres

Lot

1910

Year Built

1 car

Garage

Taxes: $7,404 (2026)

About this home

Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5-6 room, 3-bedroom apartments, with the owner’s unit to be delivered vacant at closing—a rare opportunity to move right in or lease at market rent. Extensively updated through 2010, the property features a full building sprinkler system, separately metered gas and electric utilities, replacement windows, and low-maintenance vinyl siding. Additional amenities include coin-operated laundry, dedicated tenant storage, a one-car garage with 8+ more off-street parking spots, storage shed, fenced yard with fruit trees & garden area. Strong in-place rental income with all three tenanted units being TAW. Plenty of flexibility for future occupancy or rental adjustments. This is an excellent opportunity for both owner-occupants and investors seeking a well-maintained income property.

Location

172-174 Park St, Lawrence, MA, 01841

Listed by Kim Mulligan · Realty Direct Somerville

Schedule a showing

172-174 Park St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$7,842 / month

Down payment20% · $260,000
Interest rate6.66%

Loan term

Principal & interest
$6,683
Property tax
$617
Home insurance
$542

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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