185-193 Chestnut St, Lawrence MA 01841
About this home
Unlock the potential of this fully rented, cash-flowing six-unit multi-family property in Lawrence, MA. Featuring a three-family, a two-family, and a single-family home, this unique asset provides multiple income streams and a proven history of low vacancy. With separate utilities, private parking for 12 vehicles, and a garage with ADU potential, this property is designed for maximized returns. The pro-forma NOI of $165,503 and a projected cap rate of 10.3 to 11 percent offer immediate cash flow and long-term appreciation. Whether you're expanding your portfolio or securing a high-yield asset, this is the investment you’ve been waiting for. Opportunities like this don’t last—schedule your private showing today.
Sale Statistics
This property sold exactly at the asking price.
With only 8 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
185-193 Chestnut St, Lawrence MA 01841
Lawrence, MA 01841
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
May 23, 2025Listed for Sale
Mar 19, 2025| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/23/2025 | ✓ Sold | $1,549,900 | - | - | Property sold |
| 03/19/2025 | 🏠 Listed for Sale | $1,549,900 | - | - | Original listing |