Excellent investment opportunity in the desirable Tower Hill area! This multi-family property features four units, including one 1-bedroom unit and three 2-bedroom units-offering strong rental potential and flexibility for investors or owner-occupants. The property presents additional value-add potential, with the possibility of expanding living space in the attic. One side of the attic is already partially finished. Each unit is equipped with gas heating systems: the first-floor units feature high-efficiency hot water systems, while the second-floor units are serviced by gas steam boilers. Additional highlights include a one-car garage and off-street parking via the driveway. For those seeking to maximize parking capacity, the garage could be removed to allow access to the rear of the property for expanded parking options. This property is being sold as-is and can be delivered vacant, making it an ideal opportunity for investors looking to maximize rents. Sold AS-IS.

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Basic Information

Contingency Pending P&S
Mls StatusUnder Agreement
Parcel Number M:0207 B:0000 L:0048,4211336
Rent Includes Unit 2(Water)

Tax Information

Tax Assessed Value $746,800
Tax Year 2025
Taxes$6,572

Parking

Covered Spaces 1
Garage YN Yes
Open Parking YN Yes
Parking Features Paved Drive, Off Street
Parking Spaces4

Rooms

Bathroom4
Bathrooms Total Decimal 4
Bedrooms7
Full Bath4

Basic Information

List Price$849,900
MLS Number73505802
Modification Date05/26/2026
Property SubType4 Family
Purchase Contract Date04/26/2026

Location

Address923-925 Essex Street
Building Number923-925
CountyEssex
StateMA
StreetEssex Street
TownLawrence
Zip01841

Building

BasementFull, Interior Entry, Bulkhead, Unfinished
Building Area Units Square Feet
Construction Materials Frame
FoundationStone, Granite
Garage Spaces1
Levels 4
Patio And Porch Features Porch
Rooms15
Stories4
Units4
Year Built1910
Year Built Details Approximate
Year Built Source Public Records

Property

Acreage0.21

Interior

Interior Features Living Room, Kitchen

Exterior

RoofShingle

Utilities

Heat SystemYes
Heating Baseboard, Natural Gas, Unit Control, Steam
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 3,936
Lot Size Square Feet 8,993
Lot Size Units Acres
Square Feet3,936

Amenities

AmenitiesPublic Transportation, Shopping, Medical Facility, Public School
Appliances IncludedRange, Dishwasher, Refrigerator, Washer/Dryer
Other AmenitiesBasement

Legal

ZoningR2

Other

Date Listed04/22/2026
Farm Land Area Units Square Feet

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Newton, MA

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More Info

Basic Information

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Parking

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Basic Information

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Exterior

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Newton, MA