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248-250 Bailey, located in Lawrence, Massachusetts, presents a significant opportunity to acquire a substantial multi-family property constructed in 1910. Spanning 3,082 square feet of interior living area, this building offers an architectural history that provides a solid foundation for those seeking to invest in a versatile residential asset. The residence is structured across three distinct stories, offering a spacious floor plan that encompasses eight bedrooms in total. This generous bedroom count allows for flexible living arrangements and efficient space utilization. Complementing the private quarters, the property includes three full bathrooms, positioned to ensure functionality and convenience throughout the building. The exterior of the property occupies a 5,571-square-foot lot, providing a manageable outdoor footprint. Residents will benefit from the inclusion of two garage spaces, which offer secure, off-street vehicle storage and added utility in all weather conditions.

More Info

Basic Information

  • Mls StatusNew
  • Parcel Number 4201362

Tax Information

  • Tax Assessed Value $836,900
  • Tax Year 2026
  • Taxes$7,231

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces10

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms8
  • Full Bath3

Basic Information

  • List Price$979,999
  • MLS Number73594040
  • Modification Date10/22/2026
  • Property SubType3 Family

Location

  • Address248-250 Bailey
  • Building Number248-250
  • CountyEssex
  • StateMA
  • StreetBailey
  • TownLawrence
  • Zip01843

Building

  • BasementFull, Walk-Out Access, Bulkhead, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Garage Spaces2
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms13
  • Stories3
  • Units3
  • Utilities For Gas Range, For Electric Dryer, Washer Hookup
  • Year Built1910
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.13

Interior

  • Flooring Wood, Tile
  • Interior Features Living Room, Dining Room, Kitchen

Exterior

  • Exterior Features Rain Gutters
  • Fencing Fenced
  • RoofShingle

Utilities

  • Electric Circuit Breakers,100 Amp Service
  • Heat SystemYes
  • Heating Baseboard, Natural Gas, Forced Air
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Owner
  • Living Area 3,082
  • Lot Size Square Feet 5,571
  • Lot Size Units Acres
  • Square Feet3,082

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Tennis Court(s)
    • Walk/Jog Trails
  • Appliances IncludedRange, Microwave, Refrigerator
  • Other AmenitiesBasement, Tennis

Legal

  • ZoningRES

Other

  • Date Listed10/22/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Rafael Vega of The Guselli Agency,Inc.

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