Sold!
$1,600,000
21
Beds
6
Baths
7,841
Living Area
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Property Description
151-153 Bailey Street is located in South Lawrence, providing strong urban visibility within a well-established neighborhood and convenient access to local amenities. The Property is comprised of two (2) three-unit buildings offering six (6) residential rental units in a highly walkable area with proximate retail, services, and community assets. The Property is within walking distance of the Lawrence MBTA Commuter Rail station, facilitating direct connections to Boston and the surrounding metropolitan area. The site is near major thoroughfares with convenient access to I-495 and Routes 28 and 114, supporting efficient regional travel throughout the Merrimack Valley and into Greater Boston. Tenants are responsible for separately metered electricity, as well as gas powered heat & hot water. The Landlord provides city water and sewer to the property. The opportunity exists to acquire a well maintained asset in the desirable Merrimack Valley area.
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Highlights
- Levels: 5
- Property Type: 5-9 Family
- Total Rooms: 33
- Status: Closed
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Foundation: Other
- Roof: Rubber
- Total Number of Units: 6
- Year Built Source: Public Records
- Lot Features: Other
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R3
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Amenities
- Parking Features: On Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $910,600
- Tax Year: 2026
- Total Rent: $15,200
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $7,868
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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 Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
