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281-285 Essex Street presents a rare opportunity to acquire a centrally located mixed-use asset in the heart of Downtown Lawrence. The property consists of sixteen total units, including two commercial storefronts, nine 2-bedroom apartments, one 3-bedroom apartments and four 1-bedroom apartments, encompassing approximately 18,000 square feet on a .11-acre parcel. The building offers a highly attractive blend of residential stability and street-level commercial visibility in one of the city's most attractive corridors.

More Info

Basic Information

  • Gross Income $356,700
  • Mls StatusNew
  • Parcel Number 4205783

Tax Information

  • Tax Assessed Value $2,587,800
  • Tax Year 2025
  • Taxes$22,773

Parking

  • Parking Spaces

Rooms

  • Bathroom16
  • Bathrooms Total Decimal 15
  • Bedrooms25
  • Full Bath14
  • Half Baths2

Basic Information

  • List Price$3,799,999
  • MLS Number73520521
  • Modification Date05/18/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address281-285 Essex Street
  • Building Number281-285
  • CountyEssex
  • StateMA
  • StreetEssex Street
  • TownLawrence
  • Zip01840

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Brick
  • FoundationStone
  • Levels 5
  • Rooms60
  • Stories5
  • Units16
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.11

Exterior

  • RoofRubber

Utilities

  • Electric Expense 4000
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 18,000
  • Lot Size Square Feet 4,743
  • Lot Size Units Acres
  • Square Feet18,000
  • View YN Yes

Amenities

  • AmenitiesPublic Transportation, Medical Facility
  • Other AmenitiesBasement

Other

  • Date Listed05/18/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Patrick Hermans of J. Borstell Real Estate,Inc.

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