Sold for $1,200,000

$1,200,000

176-178 Bailey St, Lawrence, MA 01843

17beds

5,708sqft

4 Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$210/sqft

$2,880 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,880/mo

Zestimate^® history

Owner options

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$2,880/mo

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$2,880/mo

Rent Zestimate^®

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$7,422/mo

Est. payment

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$7,422/mo

Est. payment

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What's special

In-unit laundry hookupsOff-street parkingStainless appliancesPlank flooring

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

Interior

Bedrooms & bathrooms

Bedrooms: 17
Bathrooms: 5
Full bathrooms: 5

Heating

Baseboard, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Range, Microwave, Refrigerator, Washer, Dryer
Laundry: Gas Dryer Hookup, Washer Hookup

Features

Living Room, Dining Room, Kitchen, Laundry Room, Loft
Flooring: Other
Basement: Full,Interior Entry,Bulkhead,Unfinished
Has fireplace: No

Interior area

Total structure area: 5,708
Total interior livable area: 5,708 sqft
Finished area above ground: 5,708

Property

Parking

Total spaces: 8
Parking features: Off Street, Tandem
Uncovered spaces: 8

Features

Patio & porch: Porch
Exterior features: Rain Gutters, Garden
Fencing: Fenced

Lot

Size: 7,840 sqft
Features: Other

Details

Parcel number: 4202649
Zoning: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: 4 Family

Materials

Foundation: Block
Roof: Shingle,Rubber

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Gas Dryer, Washer Hookup

Community & neighborhood

Community

Community features: Public Transportation, Shopping, Pool, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, Other

Location

Region: Lawrence

HOA & financial

Other financial information

Total actual rent: 7700

Price history

Date	Event	Price
11/10/2025	Sold	$1,200,000-4%$210/sqft
Source: MLS PIN #73429257 Report a problem
9/22/2025	Contingent	$1,250,000$219/sqft
Source: MLS PIN #73429257 Report a problem
9/11/2025	Listed for sale	$1,250,000$219/sqft
Source: MLS PIN #73429257 Report a problem