53-57 Woodland St, Lawrence MA 01841
Lawrence, MA 01841
$1,900,000
Est. $10,683/month
About this home
53-57 Woodland St contains seven (7) total units, spread across two (2) 3-Family structures and a Single Family. Units are comprised of two (2) 4-Bedroom/1-Bathroom units, four (4) 3-Bedroom/1-Bathroom units, and one (1) 2-Bedroom/1-Bathroom unit with 8,690 square feet of gross living area in 14,240 square feet of gross area. The Properties are spread across 0.50-acres of land and feature ten (10) off-street parking spaces, and have been updated with a new roof, electrical, and some recently renovated units. The Property’s multi-building configuration also provides the potential to reposition the asset as two separate properties consisting of three (3) units and four (4) units, respectively. This flexibility creates multiple exit strategies and broadens the pool of prospective buyers, including both investors and owner-occupants. The opportunity exists to acquire a well-located asset with significant upside potential for new ownership. Buyers and buyer's agent to perform own due diligence.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jul 29, 2026
$1,900,000
Original listing
Agent: Spencer Norton
Office: Horvath & Tremblay
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/29/2026 | 🏠 Listed for Sale | $1,900,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $10,505 | $1,215,900 |
Financial Details
Annual Property Tax
$10,505
Tax Year 2026
Assessed Value
$1,215,900
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1900
Living Area
8,690 sq ft
Lot Size
0.50 acres
Bedrooms
22
Full Baths
7
Total Rooms
36
Investment Metrics
Units
7
Unit 1 Rent
$2,700/mo · N
Unit 2 Rent
$2,800/mo · Y
Unit 3 Rent
$2,700/mo · N
Unit 4 Rent
$2,750/mo · N
Total Monthly Rent
$10,950/mo
Gross Income
$206,400
Net Operating Income
$152,179
Operating Expenses
$54,221
Water/Sewer Expense
$4,460
Electric Expense
$762
Insurance Expense
$9,520
Cap Rate
8.01%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle, Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street, Paved
Total Spaces
10
Utilities
Electric
Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$10,505
Assessed Value
$1,215,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
22
Full Bathrooms
7
Living Area
8,690 sq ft
Total Rooms
36
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
8,690 sq ft above grade
Display Options
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:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Shingle, Rubber
Foundation:
Other
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Other
Road Surface:
Parking & Garage
Total Parking Spaces:
10
Parking Features:
Off Street, Paved
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$875
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
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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.
Location
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Neighborhood
53-57 Woodland St, Lawrence MA 01841
Lawrence, MA 01841
Listing Information
Listing Agent
Spencer Norton
Listing Office
Horvath & Tremblay
Office Phone
781-776-4000
Agent MLS ID
CN230412
Office MLS ID
AN2723
Listing Data Updated
Jul 29, 2026 9:19 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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