Welcome to an exceptional investment opportunity in the City of Lawrence. This 9-unit property features a desirable unit mix of three one-bedroom units and six studio units, offering strong income potential. The property provides ample parking with at least one space per unit, as well as a garage. A large basement offers additional storage space for tenants. Two units are currently vacant, presenting an immediate opportunity for the new owner to select their own tenants or adjust rents to market value. The property also offers two generous side yards, giving tenants outdoor space to enjoy. Additional features include a newly built side deck, coin-operated washer and dryer available for tenant use, a welcoming front porch, and a good-sized lot. Conveniently located near restaurants, shops, supermarkets, parks, and with easy access to major highways including Route 93, this property is well positioned for both tenants and investors.

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Basic Information

Contingency Inspection
Gross Income $103,200
Mls StatusUnder Agreement
Parcel Number M:0188 B:0000 L:0008,4210151
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Heat, Electric, Water)

Tax Information

Tax Assessed Value $952,500
Tax Year 2025
Taxes$8,382

Parking

Open Parking YN Yes
Parking Features Paved Drive
Parking Spaces10

Rooms

Bathroom9
Bathrooms Total Decimal 9
Bedrooms9
Full Bath9

Basic Information

List Price$1,225,000
MLS Number73482489
Modification Date04/29/2026
Property SubType5-9 Family
Purchase Contract Date03/13/2026

Location

Address499 Haverhill Street
Building Number499
CountyEssex
StateMA
StreetHaverhill Street
TownLawrence
Zip01841

Building

BasementUnfinished
Building Area Units Square Feet
Construction Materials Frame, Brick
FoundationStone
Levels 5
Patio And Porch Features Porch, Deck
Rooms20
Stories5
Units9
Year Built1920
Year Built Details Actual
Year Built Source Public Records

Property

Acreage0.42

Exterior

RoofShingle

Utilities

Electric Individually Metered
Electric Expense 1500
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 4,172
Lot Size Square Feet 18,295
Lot Size Units Acres
Square Feet4,172

Amenities

Amenities
- Highway Access
- Medical Facility
- Park
- Private School
- Public School
- Public Transportation
- Shopping
- Walk/Jog Trails
Other AmenitiesBasement

Legal

ZoningR

Other

Date Listed03/04/2026
Farm Land Area Units Square Feet
View Count1

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Newton, MA

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More Info

Basic Information

Tax Information

Parking

Rooms

Basic Information

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Building

Property

Exterior

Utilities

Property Information

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Legal

Other

Map Location

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Newton, MA