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176-178 Bailey Street, Lawrence MA 01843

Lawrence, MA 01843 • South Lawrence
$1,250,000
Est. $6,653/month
17
Beds
5
Baths
5,708
Sq Ft
$219
Price/Sq Ft
0.18
Acres
1900
Year Built
4 Family
Type
Active Under Contract Listed Sep 26, 2025 • MLS# 73429257

About this home

Pleased to present 176–178 Bailey Street, a substantial 4-unit multifamily in Lawrence’s Southside neighborhood. The property features three (3) 4-bed/1-bath units and one (1) 5-bed/2-bath loft-style unit, totaling 5,708± sq. ft. of living area and 8,980± sq. ft. gross area on a 0.18-acre lot with off-street parking. Each unit is separately metered for electric, heat, and hot water; landlord responsible for common electric and domestic water/sewer. Recent updates include a brand-new 2025 asphalt shingle roof, newer boilers and water heaters, stainless appliances, and plank flooring. Added amenities include in-unit laundry hookups. Ideally located near the Commuter Rail, I-495, Routes 28 & 114, medical offices, downtown, shopping, and restaurants. With strong rental demand and major improvements, this property offers both stability and upside—an excellent opportunity in one of Lawrence’s most vibrant neighborhoods.

Facts & Features

Property Overview

Property Type
4 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
17
Full Bathrooms
5
Living Area
5,708 sq ft
Total Rooms
29
Stories
5
Levels
5

Interior Features

Flooring
Other
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Microwave, Refrigerator, Washer, Dryer
Interior Features
Living Room, Dining Room, Kitchen, Laundry Room, Loft
Laundry Features
Gas Dryer Hookup, Washer Hookup
Basement Details
Full, Interior Entry, Bulkhead, Unfinished

Exterior & Structure

Roof
Shingle, Rubber
Foundation
Block
Exterior Features
Rain Gutters, Garden
Patio/Porch Features
Porch
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.18 acres
Lot Size
7,840 sq ft
Lot Size Area
0.1800
Lot Features
Other
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
8
Parking Features
Off Street, Tandem

Utilities & Systems

Utilities Available
for Gas Range, for Gas Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, Other
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,402
Tax Year
2025
Tax Assessed Value
$841,100
Parcel Number
4202649
Zoning
R3
Financial Data Source
Estimated, Owner, Other (See Remarks)

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Property to be sold in as-is condition.
Exclusions
Water Filtration System Is Excluded From The Sale, And The Shed Is Tenant-Owned.

Location

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Neighborhood

South Lawrence

176-178 Bailey Street, Lawrence MA 01843

Lawrence, MA 01843

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $617
Homeowners Insurance $200
PMI $0

Property History

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Sep 15, 2025
New showing requirements
🏠
Listed for Sale
Sep 11, 2025
$1,250,000
Original listing
Agent: Michael Alvarez Office: Alvarez Real Estate Group LLC
🏠
Listed for Sale
Sep 11, 2025
$1,250,000
Original listing

Price & Status History

Date Event Price Change
Sep 11, 2025 New Listing Added $1,250,000 —
Sep 11, 2025 New Listing Added $1,250,000 —

Market Statistics

Time on Market
Price per Sq Ft
$219

Tax History

Year Taxes Assessment
2025 $7,402 $841,100

Financial Details

Annual Property Tax
$7,402
Tax Year 2025
Assessed Value
$841,100

Listing Information

Listing Agent Michael Alvarez
Listing Office Alvarez Real Estate Group LLC
Agent MLS ID CN250534
Office MLS ID AN7528

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176-178 Bailey Street, Lawrence MA 01843 - Photo 1 176-178 Bailey Street, Lawrence MA 01843 - Photo 2 176-178 Bailey Street, Lawrence MA 01843 - Photo 3 176-178 Bailey Street, Lawrence MA 01843 - Photo 4 176-178 Bailey Street, Lawrence MA 01843 - Photo 5 176-178 Bailey Street, Lawrence MA 01843 - Photo 6 176-178 Bailey Street, Lawrence MA 01843 - Photo 7 176-178 Bailey Street, Lawrence MA 01843 - Photo 8 176-178 Bailey Street, Lawrence MA 01843 - Photo 9 176-178 Bailey Street, Lawrence MA 01843 - Photo 10 176-178 Bailey Street, Lawrence MA 01843 - Photo 11 176-178 Bailey Street, Lawrence MA 01843 - Photo 12 176-178 Bailey Street, Lawrence MA 01843 - Photo 13 176-178 Bailey Street, Lawrence MA 01843 - Photo 14 176-178 Bailey Street, Lawrence MA 01843 - Photo 15 176-178 Bailey Street, Lawrence MA 01843 - Photo 16 176-178 Bailey Street, Lawrence MA 01843 - Photo 17 176-178 Bailey Street, Lawrence MA 01843 - Photo 18 176-178 Bailey Street, Lawrence MA 01843 - Photo 19 176-178 Bailey Street, Lawrence MA 01843 - Photo 20 176-178 Bailey Street, Lawrence MA 01843 - Photo 21 176-178 Bailey Street, Lawrence MA 01843 - Photo 22 176-178 Bailey Street, Lawrence MA 01843 - Photo 23 176-178 Bailey Street, Lawrence MA 01843 - Photo 24 176-178 Bailey Street, Lawrence MA 01843 - Photo 25 176-178 Bailey Street, Lawrence MA 01843 - Photo 26 176-178 Bailey Street, Lawrence MA 01843 - Photo 27 176-178 Bailey Street, Lawrence MA 01843 - Photo 28 176-178 Bailey Street, Lawrence MA 01843 - Photo 29 176-178 Bailey Street, Lawrence MA 01843 - Photo 30 176-178 Bailey Street, Lawrence MA 01843 - Photo 31 176-178 Bailey Street, Lawrence MA 01843 - Photo 32

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