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.
- Heating System:
- Baseboard
- Basement:
- Unfinished, Concrete
- Parking:
- Off Street, Paved Drive
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Interior Features:
- Kitchen, Dining Room, Living Room, Laundry Room
- Lead Paint:
- Certified Treated
- Rent Fee Includes:
- Unit 1(water), Unit 4(water)
- Area:
- North Lawrence
- Market Time:
- 1
- Parking Spaces:
- 6
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $317
- Zoning:
- R4
- No Units:
- 4
- Orig Price:
- $1,399,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Lawrence
- State:
- MA
- County:
- Essex
- Postal Code:
- 01841
- Longitude:
- W72° 51' 21.9''
- Latitude:
- N42° 42' 36''
Residential Income
83-87 Howard St, Lawrence, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,399,000
- Bedrooms :
- 13
- Rooms :
- 25
- Total Bathrooms :
- 6
- Full Bathrooms :
- 5
- Half Bathrooms :
- 2
- Square Footage :
- 4,413 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.23 Acre
- Listing ID :
- 73521123
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
