172-174 Park St, Lawrence MA 01841

Lawrence, MA 01841

$1.25M

12 BD · 4 BA · 5,023 sf · 0.16 ac · Built 1910

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The residence

Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5room/3-bedroom apartments, with the owner’s unit to be delivered vacant at closing—a rare opportunity to move right in or lease at market rent. Extensively updated through 2010, the property features a full building sprinkler system, separately metered gas and electric utilities, replacement windows, and low-maintenance vinyl siding. Additional amenities include coin-operated laundry, dedicated tenant storage, a one-car garage with 8+ more off-street parking spots, storage shed, fenced yard with fruit trees & garden area. Strong in-place rental income with all three currently tenanted units being Tenants At Will. Plenty of flexibility for future occupancy or rental adjustments. This is an excellent opportunity for both owner-occupants and investors seeking a well-maintained income property.

At a glance

Property type: 4 Family
Status: Active
Year built: 1910
Lot size: 0.16 acres
Living area: 5,023 sf
MLS#: 862f2f2d54da7f469d7772bfccc7e74b
Beds · Baths: 12 · 4

Location

Lawrence, MA.

Lawrence, Massachusetts, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+

$6K/mo

Approximate · principal & interest only

Down payment · 25%Interest rate · 6.75%Term · 30 years

Display Currency

$1.25M

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of Realty Direct Somerville · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords 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.

Listings updated Sep 24, 2026

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