172-174 Park St, Lawrence, MA 01841

Lawrence
Local realty services provided by:ERA Hart Sargis-Breen Real Estate
172-174 Park St,Lawrence, MA 01841
$1,200,000
  • 12 Beds
  • 4 Baths
  • 4,678 sq. ft.
  • Multi-family
  • Active
Listed by: kim mulligan, kim mulligan
Office: realty direct somerville
MLS#:73555467
Source:MLSPIN

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$256.52

About this home

Fully occupied legal 4-family offering immediate rental income. This well-maintained Lawrence multifamily currently generates $8,400 monthly in gross rental income, plus additional income from coin-operated laundry. Each of the four spacious apartments features 3 bedrooms, offering a total of 12 bedrooms and 4 full baths. Building improvements include a certified fire sprinkler system, replacement windows, vinyl siding, individual gas heating systems, and separately metered gas and electric. Common basement amenities include coin-operated laundry, mechanical space, and tenant storage. Outside, enjoy a fenced yard with garden area and fruit trees, storage shed, one-car garage, and generous off-street parking for 8+ vehicles. All four units are occupied by tenants-at-will, providing established rental income with potential for rental increases. Conveniently located near shopping, transportation, and major commuter routes. An excellent opportunity to acquire an established and clean...

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Home facts

  • Year built:1910
  • Listing ID #:73555467
  • Updated:November 14, 2026 at 05:59 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:22
  • Dining Description:Dining Room, Living Room/Dining Room Combo
  • Kitchen Description:Kitchen
  • Living area:4,678 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Steam

Structure and exterior

  • Roof:Rubber
  • Year built:1910
  • Building area:4,678 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Level
  • Exterior Features:Fruit Trees, Garden, Porch, Sprinkler System
  • Foundation Description:Concrete Perimeter, Stone

Schools

  • High school:Lawrence High School
  • Middle school:Arlington Middle School
  • Elementary school:John K. Tarbox School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$256.52
  • Tax amount:$7,404 (2026)

Features and amenities

  • Amenities:Ceiling Fan(s), Storage, Walk-in Closet(s)

Parking

  • Total parking spaces:11
  • Parking description:Off Street, Paved, Paved Drive
  • Garage:Yes
  • Garage spaces:1
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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