$1,549,900
185-193 Chestnut St
Lawrence, MA, 01841
Unlock the potential of this fully rented, cash-flowing six-unit multi-family property in Lawrence, MA. Featuring a three-family, a two-family, and a single-family home, this unique asset provides multiple income streams and a proven history of low vacancy. With separate utilities, private parking for 12 vehicles, and a garage with ADU potential, this property is designed for maximized returns. The pro-forma NOI of $165,503 and a projected cap rate of 10.3 to 11 percent offer immediate cash flow and long-term appreciation. Whether you’re expanding your portfolio or securing a high-yield asset, this is the investment you’ve been waiting for. Opportunities like this don’t last—schedule your private showing today.
Property Details
Price:
$1,549,900
MLS #:
73343750
Status:
Pending
Beds:
19
Baths:
7
Address:
185-193 Chestnut St
Type:
Multi Family
Subtype:
5-9 Family
City:
Lawrence
Listed Date:
Mar 19, 2025
State:
MA
Finished Sq Ft:
3,843
Total Sq Ft:
3,843
ZIP:
01841
Lot Size:
5,662 sqft / 0.13 acres (approx)
Year Built:
1910
Units:
6
Schools
Interior
Bathrooms
7 Full Bathrooms
Exterior
Community Features
Shopping, Medical Facility, Laundromat, Highway Access
Construction Materials
Stone
Parking Features
Paved Drive
Parking Spots
12
Financial
Tax Year
2025
Taxes
$7,878
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 View Real Estate Group. 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.
185-193 Chestnut St
Lawrence, MA
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