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**** INVESTORS TAKE NOTE!!!! Introducing a remarkable opportunity in the real estate market! Exceptional three-family investment opportunity offering three well-proportioned 2 3 -bedroom units & 1 4 bedroom unit, each designed to appeal to today's rental market. This versatile multifamily property presents an excellent opportunity for investors seeking consistent income potential, long-term appreciation, and the flexibility to rent all three units or owner-occupy while offsetting expenses with rental revenue. With a highly desirable unit mix and strong appeal for tenants needing additional space, this property is well suited for both seasoned investors and buyers looking to begin or expand their multifamily portfolio.

More Info

Basic Information

  • Gross Income $64,800
  • Lot Features Cleared, Level
  • Mls StatusNew
  • Parcel Number M:0184 B:0000 L:0030,4209755

Tax Information

  • Tax Assessed Value $760,500
  • Tax Year 2026
  • Taxes$6,571

School Information

  • Elementary SchoolPublic
  • High SchoolTaunton
  • High School Public
  • Junior HighPublic

Parking

  • Open Parking YN Yes
  • Parking Features Off Street, Unpaved
  • Parking Spaces10

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms10
  • Full Bath3

Basic Information

  • List Price$849,000
  • MLS Number73541620
  • Modification Date06/26/2026
  • Property SubType3 Family

Location

  • Address263-265 Water Street
  • Building Number263-265
  • CountyEssex
  • StateMA
  • StreetWater Street
  • TownLawrence
  • Zip01841

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationOther
  • Levels 3
  • Rooms15
  • Stories3
  • Units3
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.08

Exterior

  • RoofShingle

Utilities

  • Electric 100 Amp Service
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,720
  • Lot Size Square Feet 3,360
  • Lot Size Units Acres
  • Square Feet3,720

Amenities

  • Amenities
    • Highway Access
    • Laundromat
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
  • Other AmenitiesBasement

Legal

  • ZoningB2

Other

  • Date Listed06/25/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Gina Guerra of Diamond Key Real Estate

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