For Sale · Multi-Family
82 S Broadway
Lawrence, MA 01843
Price cut: $205,000
$2,995,000
$3,200,000
$169 per sq ft
- 38
- beds
- 7
- baths
- 17,706
- sq ft
Est. payment: $17,481/mo Estimated. Taxes and insurance included.
- Lot (sq ft)
- 6,995
- Year Built
- 1900
- Type
- Multi-Family
- Status
- For Sale
- Property taxes (2025)
- $26,240
- Assessed value
- $2,342,400
- Days on Market
- 273
About this home
This 41-unit mixed-use building consists of (3) commercial units totaling 5900 SF and (38) SRO (single room occupancy) units across 11,800 SF. The property sits on 0.16 acres with 17,706 SF of living area in 24,502 gross square feet. This asset is well-maintained, featuring a new roof, a new heating system, and a state-of-the-art security system. All upgrades to the building have been completed in the past 3 years. The property is well-positioned on the south side of Lawrence and provides direct access to Boston via Interstates 93 and 495, MA Route 28, and The Lawrence Train Station with service on the MBTA’s Haverhill Line (0.6 miles). The property is walkable to local retail establishments, grocery stores, and parks. The cap rate upon acquisition is 10%. Seller will consider other property in trade to help accommodate a 1031 exchange.
Facts & features
Interior
- Total rooms
- 45
- Basement
- Full
Systems & utilities
- Water
- Public
- Sewer
- Public Sewer
Construction
- Construction materials
- Brick
- Foundation
- Brick/Mortar
- Roof
- Rubber
- Year built
- 1900
Flood risk
Location
Courtesy of New England Realty Advisors LLC
MLS #: 73454121 · Updated: May 31, 2026
Listing data is provided in part by MLS PIN and PrimeMLS/NEREN and is for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed.
You might also like
