$1,250,000
176-178 Bailey Street
Lawrence, MA, 01843
Pleased to present 176–178 Bailey Street, a substantial 4-unit multifamily in Lawrence’s Southside neighborhood. The property features three (3) 4-bed/1-bath units and one (1) 5-bed/2-bath loft-style unit, totaling 5,708± sq. ft. of living area and 8,980± sq. ft. gross area on a 0.18-acre lot with off-street parking. Each unit is separately metered for electric, heat, and hot water; landlord responsible for common electric and domestic water/sewer. Recent updates include a brand-new 2025 asphalt shingle roof, newer boilers and water heaters, stainless appliances, and plank flooring. Added amenities include in-unit laundry hookups. Ideally located near the Commuter Rail, I-495, Routes 28 & 114, medical offices, downtown, shopping, and restaurants. With strong rental demand and major improvements, this property offers both stability and upside—an excellent opportunity in one of Lawrence’s most vibrant neighborhoods.
Property Details
Price:
$1,250,000
MLS #:
73429257
Status:
Active
Beds:
17
Baths:
5
Address:
176-178 Bailey Street
Type:
Multi Family
Subtype:
4 Family
Neighborhood:
southlawrence
City:
Lawrence
Listed Date:
Sep 11, 2025
State:
MA
Finished Sq Ft:
5,708
Total Sq Ft:
5,708
ZIP:
01843
Lot Size:
7,840 sqft / 0.18 acres (approx)
Year Built:
1900
Units:
4
Schools
Interior
Appliances
Range, Microwave, Refrigerator, Washer, Dryer
Bathrooms
5 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Other
Heating
Baseboard, Natural Gas
Laundry Features
Gas Dryer Hookup, Washer Hookup
Exterior
Community Features
Public Transportation, Shopping, Pool, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T- Station, Other
Exterior Features
Rain Gutters, Garden
Parking Features
Off Street, Tandem
Parking Spots
8
Roof
Shingle, Rubber
Financial
Tax Year
2025
Taxes
$7,402
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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Courtesy of Alvarez Real Estate Group LLC. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
176-178 Bailey Street
Lawrence, MA
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