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About this home
This 41-unit mixed-use building consists of (3) commercial units and (38) SRO (single room occupancy) units. The property sits on 0.16 acres with 17,706 SF of living area in 24,502 gross square feet. This asset is well-maintained, featuring a new roof, a new heating system, and a state-of-the-art security system. All upgrades to the building have been completed in the past 3 years. The property is well-positioned on the south side of Lawrence and provides direct access to Boston via Interstates 93 and 495, MA Route 28, and The Lawrence Train Station with service on the MBTA’s Haverhill Line (0.6 miles). The property is walkable to local retail establishments, eateries, grocery stores, and parks. The cap rate upon acquisition is 9.30%.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
82 S Broadway, Lawrence MA 01843
Lawrence, MA 01843
Walkability
Schools
School information not available
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Property History
Property Timeline
Listed for Sale
Aug 21, 2025Date | Event | Price | Change | $/sqft | Details |
---|---|---|---|---|---|
08/21/2025 | 🏠 Listed for Sale | $3,200,000 | - | - | Original listing |