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Spacious multi-family investment opportunity featuring three units plus a single-family home on the same lot. The property includes two units with 3 bedrooms and 1.75 baths, one 3-bedroom, 1-bath unit, and a separate single-family home offering 4 bedrooms and 1 bath. Extensively renovated in 2009, the property features updated interiors with granite countertops, modern finishes, and strong rental appeal. Situated on a large lot with a generous yard and 8 off-street parking spaces, this property offers excellent convenience for tenants and owners alike. Current rents are below market, presenting significant upside potential for increased cash flow and long-term appreciation. Ideal opportunity for Owner occupied or investors seeking a value-add asset with strong unit mix, ample parking, and excellent income growth potential.

More Info

Basic Information

  • Gross Income $109,200
  • Mls StatusNew
  • Parcel Number M:0049 B:0000 L:0074,4200284
  • Rent Includes Unit 1(Water), Unit 4(Water)

Tax Information

  • Tax Assessed Value $824,400
  • Tax Year 2025
  • Taxes$7,255

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces6

Rooms

  • Bathroom7
  • Bathrooms Total Decimal 6
  • Bedrooms13
  • Full Bath5
  • Half Baths2

Basic Information

  • List Price$1,399,000
  • MLS Number73521123
  • Modification Date05/20/2026
  • Property SubType4 Family

Location

  • Address83-87 Howard Street
  • Building Number83-87
  • CountyEssex
  • NeighborhoodNorth Lawrence
  • StateMA
  • StreetHoward Street
  • SubdivisionNorth Lawrence
  • TownLawrence
  • Zip01841

Building

  • BasementConcrete, Unfinished
  • Building Area Units Square Feet
  • FoundationStone
  • Levels 5
  • Rooms25
  • Stories5
  • Units4
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.23

Interior

  • Interior Features Living Room, Kitchen, Dining Room, Laundry Room

Utilities

  • Heat SystemYes
  • Heating Baseboard
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,413
  • Lot Size Square Feet 10,000
  • Lot Size Units Acres
  • Square Feet4,413

Amenities

  • Other AmenitiesBasement

Legal

  • ZoningR4

Other

  • Date Listed05/19/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Benjamin Sirota of Stonewall Property Management

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