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Home Massachusetts Lowell Multi-Family Homes for Sale

716 Lawrence St. Lowell, MA 01852
51 Days on Boardwalk Properties
16
716 Lawrence St., Lowell, MA 01852
View Map
$629,900
2 Unit
7 Beds
2 Baths
2585 SQFT
0.06 Acre

Property Description

INVESTOR'S DREAM - HIGH RENTS - $60,600 ANNUAL GROSS INCOME. This property brings in higher rents that more expensive 2 family units. UNIT #1: 3 bedrooms, kitchen w/granite counters, livrm w/wood flooring and full bathroom.($2,400/MONTH). UNIT #2 - 4 bedrooms, kitchen w/granite counters, livrm w/wood flooring, full bath and pull down to attic space. There is also a back deck just for this unit ($2,650/MONTH. Unit #1 has lead Certificate of Maintained Compliance. Apartment Compliance Certs for both units from Lowell Inspectional Svs. This property offers vinyl siding, back yard and new owner can obtain a permit for 1 parking space. Additional parking on street. **Tenants would like to remain. Unit 1 lease ends October, 2026. Unit #2 lease ends February, 2027. Walk-out dirt basement great for storage. Great investment opportunity with ANNUAL GROSS RENTAL INCOME OF $60,600. Tenants would like to remain PHOTOS ARE PREVIOUS TO TENANTS OCCUPANCY *716 Lawrence St is the property with the green & red barrels in front" Put your touches on this multi-family with backyard and make it shine! All separate utilities other than water/sewer.
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Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 7
  • Total Full Baths: 2
  • Amenities: Highway Access, Park, Public School, Public Transportation, Shopping, University
  • Basement Features: Dirt Floor, Full, Interior Access, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Lead Certification Available, Stone/Granite/Solid Counters, Walk-Up Attic
  • Common Appliances: Microwave, Range, Refrigerator
  • Common Heating: Central Heat, Electric, Electric, Forced Air, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 60600
  • Net Operating Income: 60600

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Gas Range
  • 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

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Wood
  • Lead Paint: Certified Treated, Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73530166
  • Last Updated: 07/24/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/08/2026Active$629,900$244MLSPIN
06/04/2026New$629,900$244MLSPIN
12/08/2023Sold$600,000$232MLSPIN
10/11/2023Under Agreement$579,999$224MLSPIN
09/18/2023Active$579,999$224MLSPIN
09/14/2023New$579,999$224MLSPIN

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Seller's Representative: Karen J. Dame, Century 21 North East
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 2026-07-24 12:10:00