176-178 Bailey Street, Lawrence, MA, MA 01843

Listing Courtesy of : Michael Alvarez ---- Alvarez Real Estate Group LLC

Selling Office:

$1,200,000
17
BD
5
BA
5,708
SqFt

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Sold Price
$1,200,000
List Price
$1,250,000
Status
SOLD
MLS#
73429257
Bedrooms
17
Bathrooms
5
Full Baths
5
Living Area
5,708
Lot Size (Acres)
0.18
Year Built
1900

Property Description

Pleased to present 176–178 Bailey Street, a substantial 4-unit multifamily in Lawrence’s Southside neighborhood. The property features three (3) 4-bed/1-bath units and one (1) 5-bed/2-bath loft-style unit, totaling 5,708± sq. ft. of living area and 8,980± sq. ft. gross area on a 0.18-acre lot with off-street parking. Each unit is separately metered for electric, heat, and hot water; landlord responsible for common electric and domestic water/sewer. Recent updates include a brand-new 2025 asphalt shingle roof, newer boilers and water heaters, stainless appliances, and plank flooring. Added amenities include in-unit laundry hookups. Ideally located near the Commuter Rail, I-495, Routes 28 & 114, medical offices, downtown, shopping, and restaurants. With strong rental demand and major improvements, this property offers both stability and upside—an excellent opportunity in one of Lawrence’s most vibrant neighborhoods.

Additional Information

Area
South Lawrence
Taxes
$7,402
Interior Features
Living Room, Dining Room, Kitchen, Laundry Room, Loft
Parking Description
Off Street, Tandem
Parking Features
Off Street, Tandem
Parking Spaces
8
Basement
Full, Interior Entry, Bulkhead, Unfinished
Water Source
Public
Lot Description
Other
Water
Public
Sewer
Public Sewer

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