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185-193 Chestnut StreetLawrence, MA 01841Price: $1,549,900

  • Price: $1,549,900
  • Est. Mortgage of $/month
  • 30 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.83% last updated on Apr 17, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,549,900List Price
  • 19Bedrooms
  • 7Bathrooms
  • 0.13Acreage
  • 3,843Square Feet

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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.

Property Details of 185-193 Chestnut Street

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Listed by Eridania Reyes of View Real Estate Group

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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