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Excellent opportunity to own a fully updated three-family property offering modern finishes, spacious layouts, and strong investment potential. Each unit has been thoughtfully renovated with updated kitchens and bathrooms, fresh paint, modern flooring, and updated fixtures throughout. The property offers three separate living spaces, making it ideal for an investor looking to add a turnkey property to their portfolio or an owner-occupant looking to offset their mortgage with rental income. With the major updates already completed, this property is ready for its next owner. Conveniently located near shopping, restaurants, public transportation, and major commuter routes. A great opportunity to own a move-in-ready multifamily property with excellent income potential!

More Info

Basic Information

  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 4202801

Tax Information

  • Tax Assessed Value $733,600
  • Tax Year 2026
  • Taxes$820,600

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces1

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms9
  • Full Bath3

Basic Information

  • List Price$899,000
  • MLS Number73585624
  • Modification Date10/02/2026
  • Property SubType3 Family - 3 Units Up/Down

Location

  • Address42 Summer Street
  • Building Number42
  • CountyEssex
  • StateMA
  • StreetSummer Street
  • TownLawrence
  • Zip01840

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame, Brick
  • FoundationBlock
  • Levels 3
  • Rooms15
  • Stories3
  • Units3
  • Utilities For Gas Range
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.05

Interior

  • Flooring Vinyl, Carpet

Exterior

  • RoofShingle, Rubber

Utilities

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

Property Information

  • Building Area Source Measured
  • Living Area 3,655
  • Lot Size Square Feet 2,139
  • Lot Size Units Acres
  • Square Feet3,655

Amenities

  • Other AmenitiesBasement

Legal

  • ZoningR-3

Other

  • Date Listed10/01/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Justin Melo of LAER Realty Partners

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