Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5room/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 currently tenanted units being Tenants At Will. 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.
For sale
Price cut: $51K (9/20)
$1,249,000
172 Park St #174, Lawrence, MA 01841
12beds
5,023sqft
4 Family
Built in 1910
-- sqft lot
$-- Zestimate®
$249/sqft
$-- HOA
What's special
- 63 days
- 110
- 9
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: $249/sqft
- Tax assessed value: $857,000
- Annual tax amount: $7,404
- Date on market: 8/1/2026
- 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
| Date | Event | Price |
|---|---|---|
| 9/20/2026 | Price change | $1,249,000-3.9%$249/sqft |
Source: MLS PIN #73555467 Report a problem | ||
| 7/27/2026 | Listed 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.Climate risks
Neighborhood: 01841
Nearby schools
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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