Don’t miss this rare opportunity to own a well-performing six-family property in a desirable location near the Methuen line, offered at $1,299,000. Each of the six spacious units features 3 bedrooms and 1 full bath, appealing to quality tenants. Three units have been updated within the past two years, adding value and rental upside.Tenants pay their own utilities, keeping owner expenses low and maximizing cash flow. The property also offers approximately 8 off-street parking spaces, a major perk in this area. Conveniently located near shopping, dining, and major highways, this turnkey property delivers both strong rental income and long-term investment potential.
This home has been viewed 68 times
Last Checked: October 12th, 2025 at 7:13am (Source: MLS PIN #73358630)
Gross Income: $0
Gross Expenses: $7,629
Net Income Calc: $7,629
CAP Rate: -0.59%
Annual Expenses for 439-443 Riverside Dr, Lawrence MA 01841
Total Gross Expenses (Calculated)$7,629/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,629
Annual Income & Unit Breakdown for 439-443 Riverside Dr, Lawrence MA 01841
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor
Levels in Unit1
HeatingNo
Rent Includes
General Information for 439-443 Riverside Dr, Lawrence MA 01841
Listing ID73358630
Property TypeMulti Family / 3 Family
Price$1,299,000 ($172.74/SqFt)
Style5+ Family - 5+ Units Up/down
CityLawrence
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total7,520 SqFt
Approximate Lot Size (Acres)0.15 acres
Total Parking8
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame, Concrete
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 439-443 Riverside Dr, Lawrence MA 01841
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 439-443 Riverside Dr, Lawrence MA 01841
Real Estate Taxes$7,629
Tax Year2025
Assessed Value$866,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.59%
Location Information for 439-443 Riverside Dr, Lawrence MA 01841
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Park, Public Transportation
Contact Information for 439-443 Riverside Dr, Lawrence MA 01841