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.
- Heating System:
- Baseboard, Natural Gas
- Cooling System:
- Window Unit(s)
- Basement:
- Full, Bulkhead, Interior Entry, Unfinished
- Parking:
- Tandem, Off Street
- Appliances:
- Range, Microwave, Refrigerator, Washer, Dryer
- Exterior Unit Features:
- Rain Gutters, Garden
- Flooring:
- Other
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Broker is Owner.
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Interior Features:
- Kitchen, Dining Room, Loft, Living Room, Laundry Room
- Lead Paint:
- Unknown
- Laundry Features:
- Gas Dryer Hookup, Washer Hookup
- Rent Fee Includes:
- Unit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
- Area:
- South Lawrence
- Market Time:
- 26
- Parking Spaces:
- 8
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $210
- Zoning:
- R3
- No Units:
- 4
- Orig Price:
- $1,250,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Lawrence
- State:
- MA
- County:
- Essex
- Postal Code:
- 01843
- Longitude:
- W72° 50' 50.3''
- Latitude:
- N42° 41' 54.8''
Residential Income
176-178 Bailey Street, Lawrence, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,250,000
- Bedrooms :
- 17
- Rooms :
- 29
- Total Bathrooms :
- 5
- Full Bathrooms :
- 5
- Square Footage :
- 5,708 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.18 Acre
- Listing ID :
- 73429257
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
