Updated Two-Family
For Sale
$799,900
110-112 Everett Street, Lawrence, MA 01843
Lawrence duplex with renovated interiors, private entrances, in-unit laundry, fenced yard, storage shed, and off-street parking.
Property Size2,074 SF
Price / SF$385.68
Days on Market160
Property Features for 110-112 Everett Street
General Information
Standard status
Active
Size
2,074 SF
Total Parking Spaces
4
Property subtype
Multi-family / Duplex
Zoning
RE
Units
Unit Mix
2 x 2BR/2.5BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$4,859
Amenities
in-unit laundry
separate private entrances
fenced backyard
storage shed
off-street parking
No
Laminate
4.0
Electric Dryer Hookup, Washer Hookup
2
3.00
4
Fenced/Enclosed
Frame
Level
Shed(s)
Building Details
Year Built
1970
Buildings
1
Listing Agency:
Keller Williams Realty
(978) 475-2111
Listed By:
Seydyss Barreto · License #9054895
(978) 475-2111
Source:
Compass
Added: Mar 25
Changed: Aug 30
Last Checked: Aug 30 at 8:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
Located at 110–112 Everett Street in Lawrence, this 2,074-square-foot duplex contains two separate residences. Each unit offers two bedrooms, two full bathrooms, and one half bathroom, with an eat-in kitchen featuring white shaker cabinets, granite countertops, and stainless-steel appliances. Living and dining areas provide an open connection, while neutral finishes and updated interiors support immediate occupancy. Both apartments also include in-unit laundry and private entrances.
The property has low-maintenance vinyl siding, a level fenced backyard, a storage shed, and off-street parking. Built in 1970 and zoned RE, the duplex is positioned near shopping, dining, public transportation, and major commuter routes in Lawrence, Massachusetts.
The property has low-maintenance vinyl siding, a level fenced backyard, a storage shed, and off-street parking. Built in 1970 and zoned RE, the duplex is positioned near shopping, dining, public transportation, and major commuter routes in Lawrence, Massachusetts.
Key Highlights
- Two‑unit duplex totaling 2,074 square feet
- Each residence includes 2 bedrooms, 2 full bathrooms, and 1 half bathroom
- Eat‑in kitchens with white shaker cabinetry, granite countertops, and stainless‑steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,939
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$698,780
$698.8K
Cap Rate 7%
$499,129
$499.1K
Cap Rate 9%
$388,211
$388.2K
Market Conditions
NOI Build-Up for 2,074 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$52.3K $25.20/SF
− Vacancy
−$2.4K −$1.13/SF
EGI
$49.9K $24.07/SF
− OpEx
−$15.0K −$7.22/SF
NOI
$34.9K $16.85/SF
Area
Essex County, MA
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$698,780
Cap Rate 7%
$499,129
Cap Rate 9%
$388,211
Alternative Uses
Best Use
Multifamily LT 5
$499.1K
$436.7K – $582.3K
NOI $34,939 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$450.5K
$394.2K – $525.6K
NOI $31,538 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M
NOI $85,946 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
Explore this area
Business Placement
Demographics for 01843, MA
28,346
Population
10,968
Households
2.6
Avg Household Size
34
Median Age
20%
College-Educated
79%
High-School Grad
3.4 sq mi
ZIP Area
8,337
Density / Sq Mi
$72,163
Median Household Income
$38,957
Median Earnings
$1,703
Median Rent
$393,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Lawrence duplex with renovated interiors, private entrances, in-unit laundry, fenced yard, storage shed, and off-street parking.
Where is this duplex located?
The property is located at 110-112 Everett Street Lawrence, MA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,074 square feet; Each residence includes 2 bedrooms, 2 full bathrooms, and 1 half bathroom; Eat‑in kitchens with white shaker cabinetry, granite countertops, and stainless‑steel appliances
