Spacious Duplex with Modern
For Sale
$719,000
Pending
52 Howard St, Lawrence, MA 01841
Two expansive units with modern amenities and energy efficiency.
Property Size3,757 SF
Lot Size0.24 Acres
Days on Market312
Property Features for 52 Howard St
General Information
Standard status
Pending
Size
3,757 SF
Lot size
0.24 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$6,411
Building Details
Building Size
3,757 SF
Year Built
1900
Stories
3
Units
2
Listed By:
James D'Amico
(800) 844-7653
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 21
Last Checked: Oct 5 at 5:25PM
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 James D'Amico
Investment Insights
Based on property information with market context.
This property presents an investment opportunity with two units totaling 3,757 square feet of living space. Each unit features a generous layout, complemented by a partially finished basement that offers additional potential. The property includes a large yard spanning 0.24 acres, along with six parking spaces plus off-street parking. Modern amenities include energy-efficient water heaters and solar panels.
Key Highlights
- Two expansive units totaling 3,757 sq ft of living space, ideal for investors or multi‑generational living.
- Enjoy reduced utility costs with energy‑efficient features including solar panels and energy‑efficient water heaters.
- Large .24‑acre yard offering outdoor space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,291
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,265,820
$1.3M
Cap Rate 7%
$904,157
$904.2K
Cap Rate 9%
$703,233
$703.2K
Market Conditions
NOI Build-Up for 3,757 SF
Gross rent
$94.7K $25.20/SF
− Vacancy
−$4.3K −$1.13/SF
EGI
$90.4K $24.07/SF
− OpEx
−$27.1K −$7.22/SF
NOI
$63.3K $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 Rate 5%
$1,265,820
Cap Rate 7%
$904,157
Cap Rate 9%
$703,233
Alternative Uses
Best Use
Multifamily LT 5
$904.2K
$791.1K – $1.05M
NOI $63,291 @ 7.0% cap · market cap 8.80%
Second Best
Apartment 5plus
$816.1K
$714.1K – $952.2K
NOI $57,130 @ 7.0% cap · market cap 7.95%
Theoretical Best
Office A
$2.22M
$1.95M – $2.59M
NOI $155,689 @ 7.0% cap · market cap 21.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,961
Businesses Nearby
Explore this area
Business Placement
Demographics for 01841, MA
53,654
Population
17,546
Households
3.1
Avg Household Size
33
Median Age
15%
College-Educated
70%
High-School Grad
3.0 sq mi
ZIP Area
17,885
Density / Sq Mi
$54,525
Median Household Income
$34,741
Median Earnings
$1,565
Median Rent
$393,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two expansive units with modern amenities and energy efficiency.
Where is this duplex located?
The property is located at 52 Howard St Lawrence, MA.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: Two expansive units totaling 3,757 sq ft of living space, ideal for investors or multi‑generational living.; Enjoy reduced utility costs with energy‑efficient features including solar panels and energy‑efficient water heaters.; Large .24‑acre yard offering outdoor space.
