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Pending

356-360 S Union St, Lawrence MA 01843

$700,000

Estimated $1,734/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $140,000

Total Rent: 37500/year

Estimated CAP Rate:

12 Bedrooms

Baths

5371

Total Parking: 5

6,270 (0.14)

INVESTORS TAKE NOTICE! 5 FAMILY INVESTMENT OPPORTUNITY - This property consist of 2 buildings on one lot with over 5000 sq ft of living space. (3, 3 bdrms units, 1, 2 bdrm unit and 1, 1 bdrm unit). Off street parking for 5 cars. New furnaces, hot water tanks and stoves in last 2 years, All tenant occupied and are TAW, rents are currently below market value. Separate utilities. This is your chance to buy an incredible multi family located in South Lawrence, convenient to schools, shopping, public transportation and close to I495 and I 93.

This home has been viewed 131 times

Last Checked: September 5th, 2025 at 1:18am (Source: MLS PIN #72875701)

Gross Income: $37,500

Gross Expenses: $7,193

Net Income Calc: $30,307

Water Views

Annual Expenses for 356-360 S Union St, Lawrence MA 01843

Total Gross Expenses (Calculated)$7,193/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7193

Annual Income & Unit Breakdown for 356-360 S Union St, Lawrence MA 01843

Total Gross Income (Calculated)$37,500

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 356-360 S Union St, Lawrence MA 01843

Listing ID72875701

Property TypeMulti Family

Price700000 ($130.33/SqFt)

Style5+ Family - 5+ Units Up/down

CityLawrence

CountyEssex

MLS AreaSouth Lawrence

Neighborhood(s)

Approximate Living Area Total5371

Approximate Lot Size (Acres)0.14

Total Parking5

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRes

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 356-360 S Union St, Lawrence MA 01843

Lead PaintNone

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Compensation Based OnNet Sale Price

Financial Information for 356-360 S Union St, Lawrence MA 01843

Real Estate Taxes7193

Tax Year2021

Assessed Value$586,200

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 356-360 S Union St, Lawrence MA 01843

Neighborhood(s)

MLS AreaSouth Lawrence

Area AmenitiesWalk/jog Trails

Contact Information for 356-360 S Union St, Lawrence MA 01843

Agent

Name: Mark Beliveau

Office

Name: Merrimack Realty Group

Phone: 978-934-0007

Payment Calculator

, Interest

Property Taxes 599.42

Principal & Interest 4313.18

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Merrimack Realty Group

Mark Beliveau

Agent Phone

Office Phone

(978) 934-0007

Text Agent Call Agent Call Office

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EXIT

Pending

356-360 S Union St, Lawrence MA 01843

$700,000

Annual Expenses for 356-360 S Union St, Lawrence MA 01843

Annual Income & Unit Breakdown for 356-360 S Union St, Lawrence MA 01843

General Information for 356-360 S Union St, Lawrence MA 01843

Disclosures for 356-360 S Union St, Lawrence MA 01843

Financial Information for 356-360 S Union St, Lawrence MA 01843

Location Information for 356-360 S Union St, Lawrence MA 01843

Contact Information for 356-360 S Union St, Lawrence MA 01843

Agent

Office

Payment Calculator

Exclusive Listing Agent

Merrimack Realty Group

Mark Beliveau