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42 Morton St, Lawrence MA 01841

$749,000

Estimated $1,732.33/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $249,666.67

Total Rent: 0/year

Estimated CAP Rate: -0.83%

5 Bedrooms

3 Full Baths

2,728 SqFt

Total Parking: 5

4,250 SqFt

Attention Investors and First-Time Home Buyers: A unique opportunity awaits with this well maintained 3-family home, Under the same ownership since 1993. The property features a desirable unit mix; 1st floor-2 BR, 2nd floor-3 BR, and 3rd floor- 2 BR. Boasting a total of 7 bedrooms and 3 full baths, plus parking for 5+ vehicles, this property is an exceptional investment. The basement offers considerable potential for value enhancement. Bring your renovation ideas and unlock the full potential of this home, with plenty of scope to reconfigure the layout to maximize its value! Schedule your private showing today and explore the possibilities.

This home has been viewed 84 times

Last Checked: October 26th, 2025 at 6:33am (Source: MLS PIN #73386197)

Gross Income: $0

Gross Expenses: $6,214

Net Income Calc: $6,214

CAP Rate: -0.83%

Annual Expenses for 42 Morton St, Lawrence MA 01841

Total Gross Expenses (Calculated)$6,214/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,214

Annual Income & Unit Breakdown for 42 Morton St, Lawrence MA 01841

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 42 Morton St, Lawrence MA 01841

Listing ID73386197

Property TypeMulti Family / 3 Family

Price$749,000 ($274.56/SqFt)

Style3 Family

CityLawrence

CountyEssex

MLS AreaNorth Lawrence

Neighborhood(s)

Approximate Living Area Total2,728 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking5

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR-3

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 42 Morton St, 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 42 Morton St, Lawrence MA 01841

Real Estate Taxes$6,214

Tax Year2025

Assessed Value$706,100

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)-0.83%

Location Information for 42 Morton St, Lawrence MA 01841

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaNorth Lawrence

Area AmenitiesShopping, Public Transportation

Contact Information for 42 Morton St, Lawrence MA 01841

Agent

Name: Jessica Duran

Office

Name: eXp Realty

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 517.83

Principal & Interest 4615.1

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Jessica Duran

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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                    [created] => 2025-10-26 06:33:23
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EXIT

Pending

42 Morton St, Lawrence MA 01841

$749,000

Annual Expenses for 42 Morton St, Lawrence MA 01841

Annual Income & Unit Breakdown for 42 Morton St, Lawrence MA 01841

General Information for 42 Morton St, Lawrence MA 01841

Disclosures for 42 Morton St, Lawrence MA 01841

Financial Information for 42 Morton St, Lawrence MA 01841

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Jessica Duran