Turnkey 3-Family Investment in Tower Hill! Welcome to this spacious and well-maintained 3-family property nestled in the highly desirable Tower Hill neighborhood of Lawrence, MA. Boasting over 4,300 sq ft of living space, this oversized 3- family features two 3-bedroom units...
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Last Checked: June 26th, 2025 at 9:03am (Source: MLS PIN #73390800)
Gross Income: $78,000
Gross Expenses: $7,044
Net Income Calc: $70,956
CAP Rate: 7.88%
Annual Expenses for 6-8 Maurice Ave, Lawrence MA 01841
Total Gross Expenses (Calculated)$7,044/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,044
Annual Income & Unit Breakdown for 6-8 Maurice Ave, Lawrence MA 01841
Total Gross Income (Calculated)$78,000
Unit 1
Rental Income$2,500
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,500
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,500
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 6-8 Maurice Ave, Lawrence MA 01841
Listing ID73390800
Property TypeMulti Family / 3 Family
Price$900,000 ($208.14/SqFt)
Style3 Family
CityLawrence
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total4,324 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking7 (2 Garage)
Garage Parking2 / Detached
Year Built1915
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpaceDeck - Composite, Enclosed, Porch
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 6-8 Maurice Ave, 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$86,400
Total Net Income By Broker$86,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 6-8 Maurice Ave, Lawrence MA 01841
Real Estate Taxes$7,044
Tax Year2025
Assessed Value$800,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$86,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$86,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.88%
Location Information for 6-8 Maurice Ave, Lawrence MA 01841
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Park, Laundromat, Public Transportation
Contact Information for 6-8 Maurice Ave, Lawrence MA 01841