263-265 Water St, Lawrence MA 01841

Lawrence, MA 01841

$849,000

Est. $5,041/month

Beds

Baths

3,720

Sq Ft

$228

Price/Sq Ft

0.08

Acres

1900

Year Built

3 Family

Type

3 hours 26 minutes

Time on Market

Active Listed Jun 25, 2026 • MLS# 73541620 Copied!

About this home

**** INVESTORS TAKE NOTE!!!! Introducing a remarkable opportunity in the real estate market! Exceptional three-family investment opportunity offering three well-proportioned 2 3 -bedroom units & 1 4 bedroom unit, each designed to appeal to today’s rental market. This versatile multifamily property presents an excellent opportunity for investors seeking consistent income potential, long-term appreciation, and the flexibility to rent all three units or owner-occupy while offsetting expenses with rental revenue. With a highly desirable unit mix and strong appeal for tenants needing additional space, this property is well suited for both seasoned investors and buyers looking to begin or expand their multifamily portfolio.

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Property Overview

Property Type

3 Family

Listing Type

For Sale

Year Built

1900

Bedrooms

Full Bathrooms

Living Area

3,720 sq ft

Total Rooms

Stories

Levels

Facts & Features

Home Facts

Type Residential Income

Style 3 Family

Year Built 1900

Living Area 3,720 sq ft

Lot Size 0.08 acres

Bedrooms 10

Full Baths 3

Total Rooms 15

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement Full

Laundry None

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Off Street, Unpaved

Total Spaces 10

Utilities

Electric 100 Amp Service

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $6,571

Assessed Value $760,500

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement: Full

Laundry:

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Other

Stories: 3

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Cleared, Level

Road Surface:

Parking & Garage

Total Parking Spaces: 10

Parking Features: Off Street, Unpaved

Location

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Neighborhood

263-265 Water St, Lawrence MA 01841

Lawrence, MA 01841

Walkability

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Nearby Schools

School District

Lawrence School District local

🎓 Where Graduates Go Class of 2021

36% attend college

14% 4-Year 23% 2-Year 3% Out of State 2% Working

✓ School Safety 2024-25

2.2% Average

2.2% Suspensions 1.1% In-School

↓ 3.3% below state avg

Elementary Schools

3 schools

James F Hennessey School

0.1 mi

300 students Less Diverse

Grades PK-02

Gerard A. Guilmette School

0.2 mi | #756 of 824 | Score: 32.1

Improved 59 spots from last year

-26.1 below state avg

485 students Less Diverse

Rising School

Grades 01-04

C+

Emily G Wetherbee School

0.5 mi | #235 of 352 | Score: 37.5

Improved 1 spots from last year

-20.7 below state avg

480 students Less Diverse

Rising School

Grades K-08

Middle Schools

3 schools

C-

Guilmette Middle School

0.2 mi | #294 of 352 | Score: 31.8

Improved 4 spots from last year

-26.4 below state avg

457 students Less Diverse

Grades 05-08

Alexander B Bruce School

0.5 mi | #331 of 352 | Score: 27.7

Improved 8 spots from last year

-30.5 below state avg

462 students Less Diverse

Grades 03-08

Blessed Stephen Bellesini O.S.A. Academy

0.8 mi

Grades 05-08

High Schools

3 schools

High School Learning Center

0.8 mi | #172 of 346 | Score: 71.1

Dropped 128 spots from last year

198 students Less Diverse

Career Tech Programs College Ready Curriculum

Grades 09-12

Central Catholic High School

1.1 mi

21 sports • 2,718 athletes

Strong Athletics

Grades 09-12

B+

Greater Lawrence Regional Vocational Technical School

1.2 mi | #140 of 346 | Score: 56.5

Improved 9 spots from last year

-1.7 below state avg

1,837 students Moderate

High Graduation Rate Rising School Career Tech Programs College Ready Curriculum

Grades 09-12

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Property Tax $548

Homeowners Insurance $200

PMI (if <20% down) $0

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Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

Jun 25, 2026

$849,000

Original listing

Agent: Gina Guerra Office: Diamond Key Real Estate

Date	Event	Price	Change	$/sqft	Details
06/25/2026	🏠 Listed for Sale	$849,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Jun 25, 2026	New Listing Added	$849,000	—

Market Statistics

Time on Market

3 hours 26 minutes

Price per Sq Ft

$228

Tax History

Year	Taxes	Assessment
2026	$6,571	$760,500

Financial Details

Annual Property Tax

$6,571

Tax Year 2026

Assessed Value

$760,500

Listing Information

Listing Agent Gina Guerra

Listing Office Diamond Key Real Estate

Agent MLS ID G8000560

Office MLS ID AN8384

Listing Data Updated Jun 25, 2026 10:05 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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263-265 Water St, Lawrence MA 01841

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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Loan Summary

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