11-21 Street Lawrence Lawrence MA 01840 | MLS #73591823

11-21 Street Lawrence
Lawrence, MA, 01840
$6,600,000
64 Beds
34 Baths
60,243 SqFt
0.16 Acres
$6,600,000
11-21 Street Lawrence
Lawrence, MA, 01840
MLS #73591823 image #0
Known as the “Bay State Building”, 11-21 Lawrence Street occupies a full city block in the heart of Lawrence’s vibrant downtown. The Property features thirty-nine (39) total units, comprised of thirty two (32) residential units on floors two through four and seven (7) street level commercial units with Chase Bank being the anchor tenant. Chase Bank signed a brand new 10-year lease in 2022 with four (4) 5-year renewal options and attractive rent increases throughout the primary term and renewal options. The Property occupies floors 1-4 of the iconic 8 floor, elevator serviced building in downtown Lawrence. Floors 1-4 feature 60,243 square feet of gross living area and 76,212 square feet of gross area. The Property is comprised of thirty-nine (39) total units, featuring seven (7) Commercial units, while the residential units are comprised of four (4) 3+Bedroom/1.5-Bathroom units, one (1) 3-Bedroom/1-Bathroom unit, three (3) 2+ Bedroom/1-Bathroom units, nineteen (19) 2-Bedroom/1-Bathroom units, three (3) 1-Bedroom/1-Bathroom units, and two (2) Studio units. Tenants are responsible for separately metered utilities. The Landlord is responsible for providing city water & sewer. *Total Monthly Rent is $75,105, exceeding the max allowed by MLS.*

Property Details

Price:
$6,600,000
MLS #:
73591823
Status:
Active
Beds:
64
Baths:
34
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Oct 16, 2026
Finished Sq Ft:
60,243
Total Sq Ft:
60,243
Lot Size:
6,969 sqft / 0.16 acres (approx)
Year Built:
1905
Units:
39
TennisCommunity Pool

Schools

Interior

Above Grade Finished Area
60243
Bathrooms
32 Full Bathrooms, 4 Half Bathrooms
Heating
Electric
Levels
5

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
Lot Features
Corner Lot, Level
Open Parking YN
1
Parking Features
On Street
Roof
Rubber
Stories
5

Financial

Net Operating Income
$534,849
Tax Year
2026
Taxes
$60,594
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Current real estate data for Multi Family in Lawrence as of Nov 08, 2026
42
Multi Family Listed
116
Avg DOM
269
Avg $ / SqFt
$1,010,470
Avg List Price

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Property Summary

    11-21 Street Lawrence Lawrence MA is a Multi Family for sale in Lawrence, MA, 01840. It is listed for $6,600,000 To schedule a showing of MLS#73591823 at 11-21 Street Lawrence in Lawrence, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
11-21 Street Lawrence
Lawrence, MA