Sold!
$230,000
0.19
Acres
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Property Description
Development Opportunity in Prime R3 Zone. 112-116 Hancock St, Lawrence, MA 01841 | 0.19 Acres next to James F. Hennessey School – Residential Vacant Land Discover a rare development opportunity in the heart of Lawrence! This 8,276 sq. ft. parcel is located within the desirable R3 zoning district, offering potential for multi-family residential development. With utilities readily accessible at the street and strong demand for investment housing in the area, this property presents a strategic opportunity for builders, investors, or developers looking to capitalize on Lawrence's growing rental market. Conveniently situated near public transportation, shopping, schools, and commuter routes, 112-116 Hancock St offers both location and long-term upside. Endless potential—build new, build smart, and build income.
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Highlights
- Property Class: Land
- Status: Closed
- Property Type: Residential
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Additional Details
- Lot Features: Level
- Zoning: R3
- Road Frontage Type: Public
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, Sidewalks
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Utilities
- Electric: At Street
- Water Source: At Street, Other
- Sewer: At Street
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Fees / Taxes
- Assessed Value: $118,700
- Taxes: $1,045
- Tax Year: 2025
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Moran Realty Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
