176-178 Bailey Street, Lawrence, MA 01843

Local realty services provided by:ERA Cape Real Estate
176-178 Bailey Street,Lawrence, MA 01843
$1,250,000
  • 17 Beds
  • 5 Baths
  • 5,708 sq. ft.
  • Multi-family
  • Active
Listed by:michael alvarez
Office:alvarez real estate group llc
MLS#:73429257
Source:MLSPIN

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$218.99

About this home

Pleased to present 176–178 Bailey Street, a substantial 4-unit multifamily in Lawrence’s Southside neighborhood. The property features three (3) 4-bed/1-bath units and one (1) 5-bed/2-bath loft-style unit, totaling 5,708± sq. ft. of living area and 8,980± sq. ft. gross area on a 0.18-acre lot with off-street parking. Each unit is separately metered for electric, heat, and hot water; landlord responsible for common electric and domestic water/sewer. Recent updates include a brand-new 2025 asphalt shingle roof, newer boilers and water heaters, stainless appliances, and plank flooring. Added amenities include in-unit laundry hookups. Ideally located near the Commuter Rail, I-495, Routes 28 & 114, medical offices, downtown, shopping, and restaurants. With strong rental demand and major improvements, this property offers both stability and upside—an excellent opportunity in one of Lawrence’s most vibrant neighborhoods.

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Home facts

  • Year built:1900
  • Listing ID #:73429257
  • Updated:September 15, 2025 at 03:52 PM

Rooms and interior

  • Bedrooms:17
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:5,708 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard, Natural Gas

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1900
  • Building area:5,708 sq. ft.
  • Lot area:0.18 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$218.99
  • Tax amount:$7,402 (2025)
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