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Exceptional investment opportunity in the heart of Lawrence! Situated on a quiet dead-end street, this well-maintained 6-unit multifamily offers strong cash flow and long-term upside. All six units feature 2 bedrooms, making them highly desirable for tenants. Tenants pay their own utilities, helping keep owner expenses low and maximizing returns. The property has been thoughtfully maintained, with a newer roof approximately 8 years old and updated water heaters installed in 2018, 2019, 2020, 2020, 2023, and 2025. A state-of-the-art sprinkler system is already in place, providing added safety and peace of mind. Additional highlights include a clean basement, ample parking with both front and side lots, and deleading certificates on file. Conveniently located near shopping, restaurants, public transportation, and major highways, this turnkey asset is ideal for both seasoned investors and those looking to expand their portfolio.

More Info

Basic Information

  • Gross Income $104,400
  • Listing Terms Contract
  • Lot Features Easements
  • Mls StatusNew
  • Parcel Number M:0166 B:0000 L:0071 2,4208518
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Tax Information

  • Tax Assessed Value $739,800
  • Tax Year 2025
  • Taxes$6,510

School Information

  • High SchoolLawrence
  • High School Lawrence High

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces8

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms12
  • Full Bath6

Basic Information

  • List Price$1,500,000
  • MLS Number73530723
  • Modification Date06/05/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address10 Kempton Court
  • Building Number10
  • CountyEssex
  • NeighborhoodNorth Lawrence
  • StateMA
  • StreetKempton Court
  • SubdivisionNorth Lawrence
  • TownLawrence
  • Zip01841

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone, Brick/Mortar
  • Levels 3
  • Rooms24
  • Stories3
  • Units6
  • Utilities For Gas Range
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.13

Interior

  • Flooring Vinyl, Laminate
  • Interior Features Living Room, Kitchen

Exterior

  • RoofRubber

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,576
  • Lot Size Square Feet 5,803
  • Lot Size Units Acres
  • Square Feet5,576

Amenities

  • Amenities
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningR-3

Other

  • Date Listed06/05/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Miguel Feliz of Coldwell Banker Realty - Andovers/Readings Regional

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