$3,200,000

82 S Broadway, Lawrence, MA 01843

  • 38 beds |
  • 7 baths |
  • 17,706 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $181/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

This 41-unit mixed-use building consists of (3) commercial units and (38) SRO (single room occupancy) units. The property sits on 0.16 acres with 17,706 SF of living area in 24,502 gross square feet. This asset is well-maintained, featuring a new roof, a new heating system, and a state-of-the-art security system. All upgrades to the building have been completed in the past 3 years. The property is well-positioned on the south side of Lawrence and provides direct access to Boston via Interstates 93 and 495, MA Route 28, and The Lawrence Train Station with service on the MBTA’s Haverhill Line (0.6 miles). The property is walkable to local retail establishments, eateries, grocery stores, and parks. The cap rate upon acquisition is 9.30%. Seller will consider other property in trade to help accommodate a 1031 exchange.

Listing Status:
Active
Date Added:
November 12, 2025 at 06:00AM
Listing Office:
New England Realty Advisors LLC : 781-334-8044
Listing Agent:
Bradford Carlson : 781-334-8044
MLS ID:
73454121
  • Basement: Full
  • Fireplace: Fireplaces: 0
  • Roofing: Rubber
  • General: Brick3Brick/Mortar
  • Road/Access: Public
  • Originating MLS: MLS Property Information Network
  • County: Essex
  • Zoning: B24205642
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of Bradford Carlson, New England Realty Advisors LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Wetherbee Elementary School

75 Newton St, Lawrence, MA, 01843

Grades KG-8

0.28 miles away

W

Wetherbee Elementary School

75 Newton St, Lawrence, MA, 01843

Grades KG-8

0.28 miles away

S

School for Exceptional Studies

233 E Haverhill St, Lawrence, MA, 01841

Grades 1-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.