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For sale
  • $1,300,000

    172-174 Park St, Lawrence, MA 01841

    12beds
    5,023sqft
    : 
    $7,709/mo
    Get pre-qualified
    4 Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $259/sqft
    $-- HOA

    What's special

    Replacement windowsCoin-operated laundryOne-car garageFull building sprinkler systemStorage shedLow-maintenance vinyl siding
    Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5-6 room, 3-bedroom apartments, with the owner’s unit to be delivered vacant at closing—a rare opportunity to move right in or lease at market rent. Extensively updated through 2010, the property features a full building sprinkler system, separately metered gas and electric utilities, replacement windows, and low-maintenance vinyl siding. Additional amenities include coin-operated laundry, dedicated tenant storage, a one-car garage with 8+ more off-street parking spots, storage shed, fenced yard with fruit trees & garden area. Strong in-place rental income with all three tenanted units being TAW. Plenty of flexibility for future occupancy or rental adjustments. This is an excellent opportunity for both owner-occupants and investors seeking a well-maintained income property.
    20 days
    |
    548
    |
    9
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Mulligan 508-493-1090,

    Realty Direct Somerville 508-493-1090,

    Kim Mulligan 508-493-1090

    Source: MLS PIN,MLS#: 73555467

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Steam, Natural Gas
      Appliances
      • Included: Range, Microwave, Refrigerator
      Features
      • Laundry Room
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 5,023
      • Total interior livable area: 5,023 sqft
      • Finished area above ground: 5,023
      • Finished area below ground: 450

      Property

      Parking
      • Total spaces: 11
      • Parking features: Paved Drive, Off Street, Paved
      • Garage spaces: 1
      • Uncovered spaces: 10
      Features
      • Patio & porch: Porch
      • Exterior features: Sprinkler System, Fruit Trees, Garden
      • Fencing: Fenced/Enclosed,Fenced
      Lot
      • Size: 7,000 Square Feet
      • Features: Level
      Details
      • Additional structures: Shed(s)
      • Parcel number: M:0150 B:0000 L:0003,4207333
      • Zoning: B1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 4 Family
      Materials
      • Foundation: Concrete Perimeter, Stone
      • Roof: Rubber
      Condition
      • Year built: 1910

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Lawrence

      Financial & listing details

      • Price per square foot: $259/sqft
      • Tax assessed value: $857,000
      • Annual tax amount: $7,404
      • Date on market: 7/27/2026
      • Exclusions: Coin Op Washer And Dryer In Basement To Remain.
      • Total actual rent: 8800

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/27/2026Listed for sale$1,300,000$259/sqft
        Source: MLS PIN #73555467 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 01841

        Getting around

        83 / 100
        Very Walkable
        42 / 100
        Some Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: John K. Tarbox School
        • Middle: Arlington Middle School
        • High: Lawrence High School

        Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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