263-265 Water St, Lawrence MA 01841
Lawrence, MA 01841
$849,000
Est. $5,041/month
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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. OFFER DEADLINE Wednesday, 7/1/26 by 5pm
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Jul 7, 2026
Active → Active Under Contract
Pending Sale
Jul 7, 2026
Offer accepted, sale pending
Listed for Sale
Jun 25, 2026
$849,000
Original listing
Agent: Gina Guerra
Office: Diamond Key Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/07/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/07/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/25/2026 | 🏠 Listed for Sale | $849,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $6,571 | $760,500 |
Financial Details
Annual Property Tax
$6,571
Tax Year 2026
Assessed Value
$760,500
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
Investment Metrics
Units
3
Unit 1 Rent
— · Y
Unit 2 Rent
— · N
Unit 3 Rent
— · Y
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
Porch
Parking
Features
Unpaved
Utilities
Electric
100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$6,571
Assessed Value
$760,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Buyer & Or Buyers Agent To Do Their Own Due Diligence/buyer Responsible For Purchase/install & Payment Of Smokes & Smoke Cert. Property Being Sold As Is 2nd Unit Vacant. The Sellers Ins. Policy Does Not Require Flood Ins. See Firm Remarks
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
26 days
Property Overview
Property Type
3 Family
Listing Type
Sale Pending
Year Built
1900
Bedrooms
10
Full Bathrooms
3
Living Area
3,720 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,720 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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:
Porch
Fencing:
Other Structures:
Lot Features:
Cleared, Level
Road Surface:
Parking & Garage
Parking Features:
Unpaved
Nearby Schools
School District
Lawrence School District local
D
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
10 schools
C+
Emily G Wetherbee School
0.5 mi
|
#235 of 352
|
Score: 37.5
Improved 66 spots from last year
-20.7 below state avg
480 students
Less Diverse
Rising School
Grades K-08
Lawrence Catholic Academy
0.8 mi
Grades PK-08
C
Lawrence Family Development Charter School
0.8 mi
|
#254 of 352
|
Score: 36.0
Dropped 53 spots from last year
-22.3 below state avg
899 students
Less Diverse
Strong Attendance
Grades PK-08
CLASS, Inc.
0.8 mi
Grades K-12
F
School for Exceptional Studies
1.1 mi
|
#343 of 346
|
Score: 17.7
Improved 40 spots from last year
-40.5 below state avg
118 students
Less Diverse
Rising School
Grades PK-12
B+
Community Day Charter Public School
1.6 mi
|
#125 of 352
|
Score: 46.9
Dropped 12 spots from last year
-11.3 below state avg
1,200 students
Less Diverse
Grades PK-08
James F Hennessey School
0.1 mi
300 students
Less Diverse
Grades PK-02
D
Gerard A. Guilmette School
0.2 mi
|
#756 of 824
|
Score: 32.1
Improved 31 spots from last year
-26.1 below state avg
485 students
Less Diverse
Rising School
Grades 01-04
Lawrence Family Public Academy
0.5 mi
202 students
Less Diverse
Grades PK-K
C
Robert Frost School
1.0 mi
|
#602 of 824
|
Score: 40.8
Dropped 33 spots from last year
-17.4 below state avg
568 students
Less Diverse
Grades K-04
Middle Schools
9 schools
C-
Guilmette Middle School
0.2 mi
|
#294 of 352
|
Score: 31.8
Dropped 12 spots from last year
-26.4 below state avg
457 students
Less Diverse
Grades 05-08
D
Alexander B Bruce School
0.5 mi
|
#331 of 352
|
Score: 27.7
Dropped 7 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
C-
Frost Middle School
1.0 mi
|
#297 of 352
|
Score: 31.7
Improved 28 spots from last year
-26.5 below state avg
508 students
Less Diverse
Rising School
Grades 05-08
F
Oliver Middle School
1.2 mi
|
#346 of 352
|
Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
348 students
Less Diverse
Grades 05-08
Esperanza Academy
1.2 mi
Grades 05-06
D
Arlington Middle School
1.4 mi
|
#325 of 352
|
Score: 28.8
Improved 24 spots from last year
-29.4 below state avg
543 students
Less Diverse
Rising School
Grades 05-08
B+
Spark Academy
1.4 mi
|
#6 of 16
|
Score: 35.8
Improved 270 spots from last year
-22.5 below state avg
443 students
Less Diverse
Rising School
Grades 05-08
C-
Parthum Middle School
2.2 mi
|
#285 of 352
|
Score: 32.8
Dropped 7 spots from last year
-25.4 below state avg
585 students
Less Diverse
Grades 05-08
High Schools
5 schools
B-
RISE Academy
1.4 mi
|
#223 of 346
|
Score: 66.7
Same rank as last year
74 students
Less Diverse
College Ready Curriculum
Grades 06-12
B
High School Learning Center
0.8 mi
|
#172 of 346
|
Score: 71.1
Same rank as 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
Phoenix Academy Public Charter High School, Lawrence
1.3 mi
|
#182 of 346
|
Score: 69.9
Same rank as last year
140 students
Moderate
Career Tech Programs
College Ready Curriculum
Grades 09-12
C
Lawrence High School
1.4 mi
|
#270 of 346
|
Score: 44.4
Improved 37 spots from last year
-13.8 below state avg
3,453 students
Less Diverse
13 sports
• 1,440 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Down: $0
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Monthly Payment Breakdown
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Property Tax
$548
Homeowners Insurance
$200
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Loan Summary
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
263-265 Water St, Lawrence MA 01841
Lawrence, MA 01841
Listing Information
Listing Agent
Gina Guerra
Listing Office
Diamond Key Real Estate
Office Phone
603-382-7979
Agent MLS ID
G8000560
Office MLS ID
AN8384
Listing Data Updated
Aug 5, 2026 1:26 PM 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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