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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.

More Info

Basic Information

  • Contingency Inspection
  • Gross Income $103,200
  • Mls StatusUnder Agreement
  • Parcel Number M:0188 B:0000 L:0008,4210151

Tax Information

  • Tax Year 2025
  • Taxes$8,382

Rooms

  • Bathroom9

Basic Information

  • List Price$1,225,000
  • MLS Number73482531
  • Modification Date03/27/2026
  • Purchase Contract Date03/13/2026

Location

  • Address499 Haverhill Street
  • Building Number499
  • CountyEssex
  • StateMA
  • StreetHaverhill Street
  • TownLawrence
  • Zip01841

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available
  • Year Built1920

Property

  • Acreage0.42

Exterior

  • RoofShingle

Property Information

  • Living Area 4,172
  • Lot Size Square Feet 18,295
  • Lot Size Units Acres
  • Square Feet4,172

Amenities

  • Other AmenitiesBasement

Legal

  • ZoningR
  • Zoning Description Legal Non-Conforming

Other

  • Date Listed03/04/2026
  • Farm Land Area Units Square Feet
  • View Count2

Map Location

Driving Directions

Listed by Matheus Goncalves of Mega Realty Services

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