Located in a residential area is this nice 2 family home. HIGH RENTS with tenants in both units. UNIT #1: consists of 3 bedrooms, kitchen w/granite counters, livrm w/wood flooring and full bathroom, Unit #2 consists of 4 bedrooms, kitchen w/granite counters, livrm w/wood flooring, full bath and pull down to attic space. There is also a cozy back deck just for this unit. Unit #1 has lead Certificate of Maintained Compliance. This property offers vinyl siding, nice size back yard and a permit parking space. Additional parking on street. **Tenants would like to remain. Unit 1 lease ends February October 1, 2027. Unit #2 lease ends February 1, 2027. Full walk-out basement for storage or expansion, buyer to perform any and all due diligence. Great investment opportunity with ANNUAL GROSS RENTAL INCOME OF $60,600.

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Basic Information

Gross Income $60,600
Lot Features Cleared, Gentle Sloping
Mls StatusNew
Parcel Number 4623339
Rent Includes Unit 1(Water), Unit 2(Water)
Road Frontage DescriptionPaved

Tax Information

Tax Assessed Value $556,100
Tax Year 2026
Taxes$6,041

Parking

Open Parking YN Yes
Parking Features On Street
Parking Spaces

Rooms

Bathroom2
Bathrooms Total Decimal 2
Bedrooms7
Full Bath2

Basic Information

List Price$629,900
MLS Number73530166
Modification Date06/05/2026
Property SubType2 Family - 2 Units Up/Down

Location

Address716 Lawrence Street
Building Number716
CountyMiddlesex
StateMA
StreetLawrence Street
TownLowell
Zip01852

Building

BasementFull, Walk-Out Access, Interior Entry, Dirt Floor
Building Area Units Square Feet
Construction Materials Frame
Door Features Insulated Doors
FoundationStone
Levels 2
Patio And Porch Features Deck - Wood
Rooms11
Stories2
Units2
Utilities For Gas Range
Window Features Insulated Windows
Year Built1900
Year Built Details Actual, Renovated Since
Year Built Source Public Records

Property

Acreage0.06

Interior

Flooring Wood, Laminate, Hardwood
Interior Features
- Bathroom With Tub & Shower
- Kitchen
- Lead Certification Available
- Living Room
- Stone/Granite/Solid Counters
- Walk-Up Attic

Exterior

Exterior Features Balcony/Deck, Rain Gutters

Utilities

Electric 110 Volts, Circuit Breakers
Heat SystemYes
Heating Central, Electric
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 2,585
Lot Size Square Feet 2,814
Lot Size Units Acres
Road Responsibility Public Maintained Road
Square Feet2,585

Amenities

Amenities
- Highway Access
- Park
- Public School
- Public Transportation
- Shopping
- Sidewalks
- University
Appliances IncludedRange, Microwave, Refrigerator
Other AmenitiesBasement

Legal

ZoningTMU

Other

Date Listed06/04/2026
Farm Land Area Units Square Feet

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Newton, MA

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Newton, MA