(617) 800 - 9008
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439-443 Riverside Dr, Lawrence MA 01841

Lawrence, MA 01841
$1,299,000
Est. $7,404/month
18
Beds
6
Baths
7,520
Sq Ft
$173
Price/Sq Ft
0.15
Acres
1920
Year Built
5+ Family - 5+ Units Up/Down
Type
73
Days on Market
Pending Price Drop -$51,000 Listed Apr 11, 2025 • MLS# 73358630 Copied!

About this home

Don’t miss this rare opportunity to own a well-performing six-family property in a desirable location near the Methuen line, offered at $1,299,000. Each of the six spacious units features 3 bedrooms and 1 full bath, appealing to quality tenants. Three units have been updated within the past two years, adding value and rental upside.Tenants pay their own utilities, keeping owner expenses low and maximizing cash flow. The property also offers approximately 8 off-street parking spaces, a major perk in this area. Conveniently located near shopping, dining, and major highways, this turnkey property delivers both strong rental income and long-term investment potential.

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
18
Full Bathrooms
6
Living Area
7,520 sq ft
Total Rooms
30
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1920
Living Area 7,520 sq ft
Lot Size 0.15 acres
Bedrooms 18
Full Baths 6
Total Rooms 30

Interior

Heating None
Cooling None
Flooring Varies
Appliances None
Fireplace None
Basement Full, Interior Entry, Concrete, Unfinished
Laundry None
Features None

Exterior

Construction Frame, Concrete
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street
Total Spaces 8

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $7,629
Assessed Value $866,900

Interior Features

Flooring: Varies
Appliances:
Interior Features:
Windows:
Basement: Full, Interior Entry, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame, Concrete
Roof: Rubber
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating:
Heating Zones: 6
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

439-443 Riverside Dr, Lawrence MA 01841

Lawrence, MA 01841

Walkability

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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
E

Elementary Schools

10 schools
C+
Emily G Wetherbee School
0.8 mi | #235 of 352 | Score: 37.5
-20.7 below state avg
480 students Less Diverse
Rising School
Grades K-08
C
Lawrence Family Development Charter School
1.0 mi | #254 of 352 | Score: 36.0
-22.3 below state avg
899 students Less Diverse
Strong Attendance
Grades PK-08
Lawrence Catholic Academy
1.2 mi
Grades PK-08
CLASS, Inc.
1.2 mi
Grades K-12
F
School for Exceptional Studies
1.4 mi | #343 of 346 | Score: 17.7
-40.5 below state avg
118 students Less Diverse
Rising School
Grades PK-12
B+
Community Day Charter Public School
2.0 mi | #125 of 352 | Score: 46.9
-11.3 below state avg
1,200 students Less Diverse
Grades PK-08
James F Hennessey School
0.3 mi
300 students Less Diverse
Grades PK-02
Lawrence Family Public Academy
0.3 mi
202 students Less Diverse
Grades PK-K
D
Gerard A. Guilmette School
0.4 mi | #756 of 824 | Score: 32.1
-26.1 below state avg
485 students Less Diverse
Rising School
Grades 01-04
C
Robert Frost School
1.1 mi | #602 of 824 | Score: 40.8
-17.4 below state avg
568 students Less Diverse
Grades K-04
M

Middle Schools

9 schools
C-
Guilmette Middle School
0.4 mi | #294 of 352 | Score: 31.8
-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
-30.5 below state avg
462 students Less Diverse
Grades 03-08
C-
Frost Middle School
1.1 mi | #297 of 352 | Score: 31.7
-26.5 below state avg
508 students Less Diverse
Rising School
Grades 05-08
Blessed Stephen Bellesini O.S.A. Academy
1.1 mi
Grades 05-08
F
Oliver Middle School
1.5 mi | #346 of 352 | Score: 24.3
-33.9 below state avg
348 students Less Diverse
Grades 05-08
D
Arlington Middle School
1.5 mi | #325 of 352 | Score: 28.8
-29.4 below state avg
543 students Less Diverse
Rising School
Grades 05-08
Esperanza Academy
1.6 mi
Grades 05-06
B+
Spark Academy
1.8 mi | #6 of 16 | Score: 35.8
-22.5 below state avg
443 students Less Diverse
Rising School
Grades 05-08
C-
Parthum Middle School
2.6 mi | #285 of 352 | Score: 32.8
-25.4 below state avg
585 students Less Diverse
Grades 05-08
H

High Schools

5 schools
B-
RISE Academy
1.8 mi | #223 of 346 | Score: 66.7
74 students Less Diverse
College Ready Curriculum
Grades 06-12
B
High School Learning Center
1.2 mi | #172 of 346 | Score: 71.1
198 students Less Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
Central Catholic High School
1.3 mi
21 sports • 2,718 athletes
Strong Athletics
Grades 09-12
B
Phoenix Academy Public Charter High School, Lawrence
1.7 mi | #182 of 346 | Score: 69.9
140 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
C
Lawrence High School
1.8 mi | #270 of 346 | Score: 44.4
-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
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $636
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Apr 11, 2025
$1,299,000
Original listing
Agent: Olivares Molina TEAM Office: Realty One Group Nest

Price & Status History

Date Event Price Change
Apr 11, 2025 New Listing Added $1,299,000 —

Market Statistics

Days on Market
73 days
Price per Sq Ft
$173
Total Price Drop
-$51,000

Tax History

Year Taxes Assessment
2025 $7,629 $866,900

Financial Details

Annual Property Tax
$7,629
Tax Year 2025
Assessed Value
$866,900

Listing Information

Listing Agent Olivares Molina TEAM
Listing Office Realty One Group Nest
Agent MLS ID TM005072
Office MLS ID AN6420

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Market Analytics for Lawrence, MA

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