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Sold for $1,549,900
  • $1,549,900

    185-193 Chestnut St, Lawrence, MA 01841

    19beds
    3,843sqft
    5-9 Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $403/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Garage with adu potential
    Unlock the potential of this fully rented, cash-flowing six-unit multi-family property in Lawrence, MA. Featuring a three-family, a two-family, and a single-family home, this unique asset provides multiple income streams and a proven history of low vacancy. With separate utilities, private parking for 12 vehicles, and a garage with ADU potential, this property is designed for maximized returns. The pro-forma NOI of $165,503 and a projected cap rate of 10.3 to 11 percent offer immediate cash flow and long-term appreciation. Whether you're expanding your portfolio or securing a high-yield asset, this is the investment you’ve been waiting for. Opportunities like this don’t last—schedule your private showing today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eridania Reyes 978-893-8327,

    View Real Estate Group 603-328-5398

    Bought with:

    Angelica Dosari

    Invest Realty Group

    Source: MLS PIN,MLS#: 73343750

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 19
    • Bathrooms: 7
    • Full bathrooms: 7
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 3,843
    • Total interior livable area: 3,843 sqft
    • Finished area above ground: 3,843

    Property

    Parking
    • Total spaces: 13
    • Parking features: Paved Drive
    • Garage spaces: 1
    • Uncovered spaces: 12
    Features
    • Fencing: Fenced/Enclosed
    Lot
    • Size: 5,662 sqft
    Details
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Stone
    • Foundation: Block
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Shopping, Medical Facility, Laundromat, Highway Access
    Location
    • Region: Lawrence

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Price history

    DateEventPrice
    5/23/2025Sold$1,549,900$403/sqft
    Source: MLS PIN #73343750 Report a problem
    3/24/2025Contingent$1,549,900$403/sqft
    Source: MLS PIN #73343750 Report a problem
    3/19/2025Listed for sale$1,549,900$403/sqft
    Source: MLS PIN #73343750 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 01841

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.