145 Water St Lawrence MA 01841 MLS #73407252

145 Water St
Lawrence, MA, 01841
$825,000
7 Beds
3 Baths
2,631 SqFt
0.06 Acres
$825,000
145 Water St
Lawrence, MA, 01841
145 Water St benefits from a central, commuter-friendly location with convenient access to downtown Lawrence, Route 28, I-495, I-93 and the Lawrence Commuter Rail Station. The building consists of two (2), 3-Bedroom/ 1-Bathroom units and one (1), 1+ Bedroom/ 1-Bathroom unit. The building contains 2,631 SF of living area in 4,336 SF of gross area. The property is professionally managed, features two (2) tandem parking spaces and has updated units with separately metered, tenant paid utilities. Current rents are below market, allowing a new owner to increase the income of the property by bringing rents to current market rates.

Property Details

Price:
$825,000
MLS #:
73407252
Status:
Active
Beds:
7
Baths:
3
Address:
145 Water St
Type:
Multi Family
Subtype:
3 Family
City:
Lawrence
Listed Date:
Jul 21, 2025
State:
MA
Finished Sq Ft:
2,631
Total Sq Ft:
2,631
ZIP:
01841
Lot Size:
2,664 sqft / 0.06 acres (approx)
Year Built:
1910
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms

Exterior

Parking Spots
2

Financial

Net Operating Income
$60,914
Tax Year
2025
Taxes
$5,735
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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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