For Sale · Multi-Family
172-174 Park St
Lawrence, MA 01841
$1,300,000
$259 per sq ft
- 12
- beds
- 4
- baths
- 5,023
- sq ft
Est. payment: $7,341/mo Estimated. Taxes and insurance included.
- Lot (sq ft)
- 7,000
- Year Built
- 1910
- Type
- Multi-Family
- Status
- For Sale
- Property taxes (2026)
- $7,404
- Assessed value
- $857,000
- Days on Market
- 21
About this home
Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5-6 room, 3-bedroom apartments, with the owner’s unit to be delivered vacant at closing—a rare opportunity to move right in or lease at market rent. Extensively updated through 2010, the property features a full building sprinkler system, separately metered gas and electric utilities, replacement windows, and low-maintenance vinyl siding. Additional amenities include coin-operated laundry, dedicated tenant storage, a one-car garage with 8+ more off-street parking spots, storage shed, fenced yard with fruit trees & garden area. Strong in-place rental income with all three tenanted units being TAW. Plenty of flexibility for future occupancy or rental adjustments. This is an excellent opportunity for both owner-occupants and investors seeking a well-maintained income property.
Facts & features
Interior
- Total rooms
- 22
- Appliances
- Range, Microwave, Refrigerator
- Interior features
- Laundry Room
Systems & utilities
- Heating
- Steam, Natural Gas
- Water
- Public
- Sewer
- Public Sewer
Exterior & parking
- Parking
- Paved Drive, Off Street, Paved
- Garage spaces
- 1
- Total parking
- 11
- Exterior features
- Sprinkler System, Fruit Trees, Garden
- Patio & porch
- Porch
Construction
- Foundation
- Concrete Perimeter, Stone
- Roof
- Rubber
- Year built
- 1910
Flood risk
Location
Courtesy of Realty Direct Somerville
MLS #: 73555467 · Updated: August 17, 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.
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