17
See all 17 photos
$1,549,900
Est. payment /mo
19 Beds
7 Baths
3,843 SqFt
Pending
185-193 Chestnut St Lawrence, MA 01841
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Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,843 sqft
Price per Sqft $403
MLS Listing ID 73343750
Bedrooms 19
Full Baths 7
Year Built 1910
Annual Tax Amount $7,877
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type 5-9 Family
Property Description
Unlock the potential of this fully rented, cash-flowing six-unit multi-family property in Lawrence, MA. Featuring a three-family, a two-family, and a single-family home, this unique asset provides multiple income streams and a proven history of low vacancy. With separate utilities, private parking for 12 vehicles, and a garage with ADU potential, this property is designed for maximized returns. The pro-forma NOI of $165,503 and a projected cap rate of 10.3 to 11 percent offer immediate cash flow and long-term appreciation. Whether you're expanding your portfolio or securing a high-yield asset, this is the investment you've been waiting for. Opportunities like this don't last—schedule your private showing today.
Location
State MA
County Essex
Zoning R3
Direction Haverhill St to Chesnut St
Exterior
Garage Spaces 1.0
Fence Fenced/Enclosed
Community Features Shopping, Medical Facility, Laundromat, Highway Access
Total Parking Spaces 12
Garage Yes
Building
Story 9
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by View Real Estate Group