Property Description

Lead Certificates in hand. Welcome to 27 Exchange Street in Lawrence! This spacious two-family property offers an excellent opportunity for owner-occupants or investors alike. The first-floor unit features 2 bedrooms and 1 full bath, while the second-floor unit provides generous living space with 6 bedrooms and 2 full baths—ideal for larger households or strong rental income potential. Each unit offers comfortable layouts with bright living areas and functional kitchens, both with pantries. Laundry hook ups in the basement and off-street parking adds convenience, and the property’s location provides easy access to major routes, public transportation, shops, and schools. A great opportunity to build equity or expand your investment portfolio!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: House of Worship, Laundromat, Medical Facility, Public Transportation, Shopping
  • Basement Features: Concrete Floor, Full, Interior Access
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Pantry, Tile Floor
  • Common Appliances: Microwave, Range, Refrigerator, Washer Hookup
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 47940
  • Net Operating Income: 47940

Utilities

  • Heat Zones: 2
  • Electric Info: 100 Amps, 60 Amps/Less, None, Other (See Remarks)
  • Utility Connections: Washer Hookup, for Electric Dryer, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1910
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Asphalt/Composition Shingles
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73447362
  • Last Updated: 10/24/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/23/2025New$600,000$269MLSPIN

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Seller's Representative: Raymond Boutin, RE/MAX Innovative Properties
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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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-10-24 08:12:00

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