Discover this massive 3-unit building located at 84 Oak St. in Lawrence, MA, presenting an ideal opportunity for savvy investors or ambitious house hackers! Featuring new siding, this gem offers a desirable sense of privacy, set back from the road with a convenient 2-car garage, and boasts a truly prime location directly next to a brand-new school, steps from the library, close to beautiful parks, and with easy highway access. Inside, the expansive units impress with beautifully refinished hardwood floors; Units 1 & 2 are recently remodeled and currently vacant, ready for new occupants, while Unit 3 is already rented, providing immediate income. Don't let this incredible chance to secure a high-potential income property in a fantastic location slip away! AACEPTING BACKUP OFFERS! Buyer/buyer's agent to do own due diligence.
This home has been viewed 3 times
Last Checked: June 14th, 2025 at 4:28pm (Source: MLS PIN #73387892)
Gross Income: $27,600
Gross Expenses: $5,583
Net Income Calc: $22,017
CAP Rate: 2.65%
Annual Expenses for 84 Oak St, Lawrence MA 01841
Total Gross Expenses (Calculated)$5,583/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,583
Annual Income & Unit Breakdown for 84 Oak St, Lawrence MA 01841
Total Gross Income (Calculated)$27,600
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$2,300
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent Includes
General Information for 84 Oak St, Lawrence MA 01841
Listing ID73387892
Property TypeMulti Family / 3 Family
Price$829,900 ($236.84/SqFt)
Style3 Family
CityLawrence
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,504 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking4 (2 Garage)
Garage Parking2 / Detached
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 84 Oak 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$27,600
Total Net Income By Broker$27,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 84 Oak St, Lawrence MA 01841
Real Estate Taxes$5,583
Tax Year2025
Assessed Value$634,400
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$27,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$27,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)2.65%
Location Information for 84 Oak St, Lawrence MA 01841
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 84 Oak St, Lawrence MA 01841