Two-Family Duplex with
For Sale
$889,000
152 Lawrence St., Malden, MA 02148
Two residential units offer separate living areas, finished upper levels, and a Jack-and-Jill stair connection.
Property Size3,073 SF
Days on Market8
Property Features for 152 Lawrence St.
General Information
Standard status
Active
Size
3,073 SF
Property subtype
2 Family - 2 Units Up/Down
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,872
Building Details
Building Size
3,073 SF
Year Built
1890
Listing Agency:
REMAX Andrew Realty Services
Listed By:
Janet Roach · License #448510845
(781) 321-9393
Source:
Allisonmazer
Added: Oct 22
Changed: Oct 27
Last Checked: Oct 28 at 4:39PM
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 REMAX Andrew Realty Services
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Investment Insights
Based on property information with market context.
This duplex contains two residential units with a total of 3,073 square feet. The first floor has five rooms, including two bedrooms. Above it, the second unit spans two finished levels and includes nine rooms linked by a Jack-and-Jill staircase. Hardwood and wood flooring, tall ceilings, and generously sized rooms are noted throughout. The property was built in 1890.
Outdoor features include a yard, a two-car garage, and a driveway with space for multiple vehicles. MBTA Bus Route 108 is nearby, with service to Malden Center and Wellington T stations. Route 1, shopping, and everyday amenities are also close by.
Outdoor features include a yard, a two-car garage, and a driveway with space for multiple vehicles. MBTA Bus Route 108 is nearby, with service to Malden Center and Wellington T stations. Route 1, shopping, and everyday amenities are also close by.
Key Highlights
- Two‑family property with 3,073 square feet
- First‑floor unit includes five rooms and two bedrooms
- Upper residence has nine rooms across two finished levels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,026
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,300,520
$1.3M
Cap Rate 7%
$928,943
$928.9K
Cap Rate 9%
$722,511
$722.5K
Market Conditions
NOI Build-Up for 3,073 SF
Gross rent
$97.7K $31.80/SF
− Vacancy
−$4.8K −$1.57/SF
EGI
$92.9K $30.23/SF
− OpEx
−$27.9K −$9.07/SF
NOI
$65.0K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,300,520
Cap Rate 7%
$928,943
Cap Rate 9%
$722,511
Alternative Uses
Best Use
Multifamily LT 5
$928.9K
$812.8K – $1.08M
NOI $65,026 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$873.5K
$764.3K – $1.02M
NOI $61,142 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,344 @ 7.0% cap · market cap 14.32%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
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Business Placement
Demographics for 02148, MA
66,274
Population
28,043
Households
2.4
Avg Household Size
36
Median Age
45%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
13,255
Density / Sq Mi
$95,298
Median Household Income
$56,077
Median Earnings
$2,066
Median Rent
$607,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate living areas, finished upper levels, and a Jack-and-Jill stair connection.
Where is this duplex located?
The property is located at 152 Lawrence St. Malden, MA.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: Two‑family property with 3,073 square feet; First‑floor unit includes five rooms and two bedrooms; Upper residence has nine rooms across two finished levels
