263-265 Water St, Lawrence, MA 01841
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$849,000
3 Unit
10 Beds
3 Baths
3720 SQFT
0.08 Acre

Property Description

**** INVESTORS TAKE NOTE!!!! Introducing a remarkable opportunity in the real estate market! Exceptional three-family investment opportunity offering three well-proportioned 2 3 -bedroom units & 1 4 bedroom unit, each designed to appeal to today’s rental market. This versatile multifamily property presents an excellent opportunity for investors seeking consistent income potential, long-term appreciation, and the flexibility to rent all three units or owner-occupy while offsetting expenses with rental revenue. With a highly desirable unit mix and strong appeal for tenants needing additional space, this property is well suited for both seasoned investors and buyers looking to begin or expand their multifamily portfolio. OFFER DEADLINE Wednesday, 7/1/26 by 5pm

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 10
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 64800
  • Net Operating Income: 64800

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

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

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73541620
  • Last Updated: 06/29/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/29/2026Active$849,000$228MLSPIN
06/25/2026New$849,000$228MLSPIN
01/01/2025Expired$969,000$260MLSPIN
05/14/2024Temporarily Withdrawn$969,000$260MLSPIN
04/23/2024Under Agreement$969,000$260MLSPIN
04/15/2024Active$969,000$260MLSPIN
04/11/2024Back on Market$969,000$260MLSPIN
04/09/2024Active$969,000$260MLSPIN
04/05/2024Back on Market$969,000$260MLSPIN
03/13/2024Under Agreement$969,000$260MLSPIN
02/28/2024Contingent$969,000$260MLSPIN
02/05/2024Active$969,000$260MLSPIN
02/01/2024New$969,000$260MLSPIN

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Seller's Representative: Gina Guerra, Diamond Key Real Estate
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 2026-06-29 17:40:00