357-361 Howard St, Lawrence, MA 01841
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$1,099,000
4 Unit
11 Beds
4 Baths
5007 SQFT
0.23 Acre

Property Description

This rare 4 family compound offers exceptional versatility and strong income potential, featuring a classic triple-decker and a detached single-family home. Each unit in the 3-family building includes three spacious bedrooms, an open floor plan, and a full bath, providing comfortable and functional living for tenants. The detached single-family home features two bedrooms and its own private space—ideal for additional rental income or extended family use. All units offer separate utilities with washer and dryer hookups in the basement for added convenience. With the third-floor unit currently vacant, this property presents an excellent opportunity for an owner-occupant or investor looking to expand their portfolio. Conveniently located near major highways, shopping, schools, and public transportation, this is a rare find in today’s market!

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 5
  • Total Bedrooms: 11
  • Total Full Baths: 4
  • Amenities: Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Lead Certification Available, Storage
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Forced Air, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Oil
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 75804
  • Net Operating Income: 75804

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1880
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73440947
  • Last Updated: 10/15/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/15/2025Contingent$1,099,000$219MLSPIN
10/12/2025Active$1,099,000$219MLSPIN
10/08/2025New$1,099,000$219MLSPIN

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Seller's Representative: The Decotis Group, Lyv Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-10-15 13:48:00