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    364 Lawrence St Lawrence, MA 01841

    For Sale
    $899,000

    Three spacious units with income potential in a convenient location.

    Lot size:
    0.05 Acres

    Property Features for 364 Lawrence St

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1920

    Source: Realty One Group Nest Agent Denise Olivares-Molina

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

    Overview

    Well-Maintained Multi-Unit Investment Property

    This well-maintained multi-unit property is suitable for investors or owner-occupants. It features three spacious units, offering excellent income potential. Each unit includes bright, comfortable living spaces with updated kitchens and baths. The entire building is equipped with sprinkler systems. The building has been meticulously cared for. Additional features include a lower level with laundry hook-ups and storage space, as well as a walk-up attic that could be used to expand the existing units. The property is located close to shopping, schools, public transportation, and major routes, combining convenience with long-term value. Each apartment has separate utilities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -71.1722635
    Latitude
    42.7213988

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    FAQs

    What type of property is this?
    Triplex - Three spacious units with income potential in a convenient location.
    Where is this triplex located?
    The property is located at 364 Lawrence St Lawrence, MA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Excellent income potential with three spacious units.; - Separate utilities for each unit.; - Updated kitchens and baths in each unit.
    (978) 360-3769
    Request Owner's contact information
    364 Lawrence St Lawrence, MA 01841
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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
    364 Lawrence St Lawrence, MA 01841
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