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    339-341 Lawrence St Lawrence, MA 01841

    For Sale
    $925,000

    Well-maintained three-family property with strong rental income potential.

    Lot size:
    0.10 Acres

    Property Features for 339-341 Lawrence St

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1900

    Source: Home Shop Properties, Inc. Agent Johan Lopez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Triplex in Lawrence, MA

    This well-maintained three-family property is located in Lawrence, MA. The property spans over 4,000 sq. ft. and features three spacious units totaling nine bedrooms and three full baths. Each unit is separately metered for gas and electricity. The property showcases updated plumbing and electrical, a newer rubber roof, and well-maintained furnaces and water heaters. The property also features a finished basement with an extra full bath and bonus room, front porches on every level, and a fenced yard. Off-street parking is available for 4+ cars. The property is located near schools, shops, and public transit. This property offers strong rental income potential and long-term appreciation for investors or owner occupant.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1696345
    Latitude
    42.7203853

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    FAQs

    What type of property is this?
    Triplex - Well-maintained three-family property with strong rental income potential.
    Where is this triplex located?
    The property is located at 339-341 Lawrence St Lawrence, MA.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - Strong rental income potential and long-term appreciation in a prime location.; - Three spacious units totaling nine bedrooms and three full baths.; - Separately metered for gas and electricity for each unit.
    (978) 804-7425
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    Lawrence, MA 01841
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    339-341 Lawrence St Lawrence, MA 01841
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