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83-87 Howard St, Lawrence MA 01841

Lawrence, MA 01841 • North Lawrence
$1,399,000
Est. $7,879/month
13
Beds
6
Baths
4,413
Sq Ft
$317
Price/Sq Ft
0.23
Acres
1900
Year Built
4
Days on Market
Pending Listed May 19, 2026 • MLS# 73521123 Copied!

About this home

Spacious multi-family investment opportunity featuring three units plus a single-family home on the same lot. The property includes two units with 3 bedrooms and 1.75 baths, one 3-bedroom, 1-bath unit, and a separate single-family home offering 4 bedrooms and 1 bath. Extensively renovated in 2009, the property features updated interiors with granite countertops, modern finishes, and strong rental appeal. Situated on a large lot with a generous yard and 8 off-street parking spaces, this property offers excellent convenience for tenants and owners alike. Current rents are below market, presenting significant upside potential for increased cash flow and long-term appreciation. Ideal opportunity for Owner occupied or investors seeking a value-add asset with strong unit mix, ample parking, and excellent income growth potential.

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Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
13
Full Bathrooms
5
Half Bathrooms
2
Living Area
4,413 sq ft
Total Rooms
25
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1900
Living Area 4,413 sq ft
Lot Size 0.23 acres
Bedrooms 13
Full Baths 5
Half Baths 2
Total Rooms 25

Interior

Heating Baseboard
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Concrete, Unfinished
Laundry None
Features Living Room, Kitchen, Dining Room, Laundry Room

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,255
Assessed Value $824,400

Interior Features

Flooring:
Appliances:
Interior Features: Living Room, Kitchen, Dining Room, Laundry Room
Windows:
Basement: Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating: Baseboard
Heating Zones: 4
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

North Lawrence

83-87 Howard St, Lawrence MA 01841

Lawrence, MA 01841

Walkability

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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

3 schools
B+
Community Day Charter Public School
0.3 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
Rollins Early Childhood Center
0.4 mi
157 students Less Diverse
Grades PK-K
C
Edward F. Parthum School
0.6 mi | #615 of 824 | Score: 40.0
Improved 67 spots from last year
-18.2 below state avg
656 students Less Diverse
Rising School
Grades K-04
M

Middle Schools

3 schools
C-
Parthum Middle School
0.6 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
Esperanza Academy
0.7 mi
Grades 05-06
F
Oliver Middle School
0.9 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
H

High Schools

3 schools
B-
RISE Academy
0.4 mi | #223 of 346 | Score: 66.7
Same rank as last year
74 students Less Diverse
College Ready Curriculum
Grades 06-12
B
Phoenix Academy Public Charter High School, Lawrence
0.5 mi | #182 of 346 | Score: 69.9
Same rank as last year
140 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
B
High School Learning Center
1.1 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
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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 $605
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

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.

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Property History

Market Insights

Property Timeline

Pending Sale
May 24, 2026
Offer accepted, sale pending
🏠
Listed for Sale
May 19, 2026
$1,399,000
Original listing

Price & Status History

Date Event Price Change
May 19, 2026 New Listing Added $1,399,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$317

Tax History

Year Taxes Assessment
2025 $7,255 $824,400

Financial Details

Annual Property Tax
$7,255
Tax Year 2025
Assessed Value
$824,400

Listing Information

Agent MLS ID G8002567
Office MLS ID AC0509
Listing Data Updated May 24, 2026 9:47 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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