Attention 203(k) buyer - a savvy homebuyer or owner-occupant ready to take advantage of an affordable down payment (3.5% down) and convert this promising property into a beautiful two-family home. Located at 31 Garfield Street, recently subdivided from the original dual-building parcel (formerly Buildings 31 & 33). Built in 2010 and well maintained, the structure is in very good shape, and strong “bones.” Zoning Board approval already secured for redevelopment into a two-family dwelling - plus a spacious garage with potential for expansion. Imagine two residential units plus a large garage suitable for a home-shop or protected tandem parking for two cars. Off-street parking is abundant. For contractors, owner-occupants, or those looking to add value, this is a rare opportunity. With the right vision and a 203(k) rehab loan to bundle purchase + renovation - this unit offers remarkable upside. Reach out to schedule a walkthrough and explore the possibilities for this value add gem.

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Basic Information

Contingency Pending P&S
Lot Features Level
Mls StatusUnder Agreement
Parcel Number M:0099 B:0000 L:0022,4203887

Tax Information

Tax Assessed Value $633,100
Tax Year 2025
Taxes$5,571

Parking

Covered Spaces 2
Garage YN Yes
Open Parking YN Yes
Parking Features Paved Drive, Off Street, Driveway
Parking Spaces12

Rooms

Bathroom5
Bathrooms Total Decimal 4.5
Bedrooms5
Full Bath4
Half Baths1

Basic Information

List Price$649,900
MLS Number73461451
Modification Date05/24/2026
Property SubTypeMulti Family
Purchase Contract Date04/15/2026

Location

Address31 Garfield Street
Building Number31
CountyEssex
StateMA
StreetGarfield Street
TownLawrence
Zip01843

Building

Building Area Units Square Feet
Construction Materials Stone, Block
FoundationConcrete Perimeter, Slab
Foundation Area 1548
Garage Spaces2
Levels 4
Rooms12
Stories4
Units2
Year Built2010
Year Built Details Actual
Year Built Source Public Records

Property

Acreage0.15

Exterior

RoofShingle

Utilities

Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Other
Living Area 3,208
Lot Size Square Feet 6,646
Lot Size Units Acres
Square Feet3,208

Amenities

Amenities
- Highway Access
- House of Worship
- Laundromat
- Medical Facility
- Park
- Pool
- Private School
- Public School
- Public Transportation
- Shopping
- T-Station

Legal

ZoningR2

Other

Date Listed12/10/2025
Farm Land Area Units Square Feet
View Count2

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Newton, MA

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Newton, MA