$1,399,000
83-87 Howard St
Lawrence, MA, 01841
Spacious multi-family investment opportunity featuring three units plus a single-family home on the same lot. The property includes two units with 3 bedrooms and 1.75 baths, one 3-bedroom, 1-bath unit, and a separate single-family home offering 4 bedrooms and 1 bath. Extensively renovated in 2009, the property features updated interiors with granite countertops, modern finishes, and strong rental appeal. Situated on a large lot with a generous yard and 8 off-street parking spaces, this property offers excellent convenience for tenants and owners alike. Current rents are below market, presenting significant upside potential for increased cash flow and long-term appreciation. Ideal opportunity for Owner occupied or investors seeking a value-add asset with strong unit mix, ample parking, and excellent income growth potential.
Property Details
Price:
$1,399,000
MLS #:
73521123
Status:
Pending
Beds:
13
Baths:
6
Type:
Multi Family
Subtype:
4 Family
Neighborhood:
northlawrence
Listed Date:
May 19, 2026
Finished Sq Ft:
4,413
Total Sq Ft:
4,413
Lot Size:
10,000 sqft / 0.23 acres (approx)
Year Built:
1900
Units:
4
Schools
Interior
Above Grade Finished Area
4413
Bathrooms
5 Full Bathrooms, 2 Half Bathrooms
Heating
Baseboard
Interior Features
Living Room, Kitchen, Dining Room, Laundry Room
Levels
5
Exterior
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
6
Parking Total
6
Stories
5
Financial
Tax Year
2025
Taxes
$7,255
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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Map
Current real estate data for Multi Family in Lawrence as of Jun 20, 2026
38
Multi Family Listed
121
Avg DOM
256
Avg $ / SqFt
$1,022,308
Avg List Price
Community
- Address83-87 Howard St Lawrence MA
- CityLawrence
- CountyEssex
- Zip Code01841
Subdivisions in Lawrence
Similar Listings Nearby
Property Summary
- 83-87 Howard St Lawrence MA is a Multi Family for sale in Lawrence, MA, 01841. It is listed for $1,399,000 To schedule a showing of MLS#73521123 at 83-87 Howard St in Lawrence, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Stonewall Property Management. 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.
83-87 Howard St
Lawrence, MA