83-87 Howard St, Lawrence, MA 01841
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$1,399,000
4 Unit
13 Beds
7 Baths
4413 SQFT
0.23 Acre

Property Description

Spacious multi-family investment opportunity featuring three units plus a single-family home on the same lot. The property includes two units with 3 bedrooms and 1.75 baths, one 3-bedroom, 1-bath unit, and a separate single-family home offering 4 bedrooms and 1 bath. Extensively renovated in 2009, the property features updated interiors with granite countertops, modern finishes, and strong rental appeal. Situated on a large lot with a generous yard and 8 off-street parking spaces, this property offers excellent convenience for tenants and owners alike. Current rents are below market, presenting significant upside potential for increased cash flow and long-term appreciation. Ideal opportunity for Owner occupied or investors seeking a value-add asset with strong unit mix, ample parking, and excellent income growth potential.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 5
  • Total Bedrooms: 13
  • Total Full Baths: 5
  • Total Half Baths: 2
  • Basement Features: Concrete Floor, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Gross Operating Income: 109200
  • Net Operating Income: 109200

Utilities

  • Heat Zones: 4
  • 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

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

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

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73521123
  • Last Updated: 05/20/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/19/2026New$1,399,000$317MLSPIN

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Seller's Representative: Benjamin Sirota, Stonewall Property Management
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 2026-05-20 03:30:00