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Canceled

406-408 Lowell Street, Lawrence MA 01841

$600,000

Estimated $1,337.57/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $300,000

Total Rent: 15600/year

Estimated CAP Rate: 1.87%

5 Bedrooms

2 Full Baths

1,838 SqFt

Total Parking: 6 (2 Garage)

6,048 SqFt

This well-located 2-unit property at 406-408 Lowell Street in Lawrence, Massachusetts, consists of 10 rooms, 5 total-bedrooms/2-full bathroom, totaling 1,838 sq. ft. of living space on a 0.14-acre parcel. Each unit is separately metered for gas and electricity. The property also benefits from a oversized car garage and with plenty of parking spaces, a backyard, and newer roof and furnace.Come see for yourself. This opportunity will not last.

This home has been viewed 58 times

Last Checked: November 18th, 2025 at 5:35am (Source: MLS PIN #73404567)

Gross Income: $15,600

Gross Expenses: $4,376

Net Income Calc: $11,224

CAP Rate: 1.87%

Annual Expenses for 406-408 Lowell Street, Lawrence MA 01841

Total Gross Expenses (Calculated)$4,376/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,376

Annual Income & Unit Breakdown for 406-408 Lowell Street, Lawrence MA 01841

Total Gross Income (Calculated)$15,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

General Information for 406-408 Lowell Street, Lawrence MA 01841

Listing ID73404567

Property TypeMulti Family / 2 Family

Price$600,000 ($326.44/SqFt)

Style2 Family - 2 Units Side By Side

CityLawrence

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total1,838 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking6 (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 MaterialsSee Remarks

Lot FeaturesEasements

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

Zoning0

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 406-408 Lowell Street, 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$15,600

Total Net Income By Broker$15,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 406-408 Lowell Street, Lawrence MA 01841

Real Estate Taxes$4,376

Tax Year2025

Assessed Value$497,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$15,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$15,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.87%

Location Information for 406-408 Lowell Street, Lawrence MA 01841

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHouse Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation

Contact Information for 406-408 Lowell Street, Lawrence MA 01841

Agent

Name: James Pham

Office

Name: RE/MAX Partners

Phone: 978-475-2100

Payment Calculator

, Interest

Property Taxes 364.67

Principal & Interest 3697.01

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Partners

James Pham

Agent Phone

Office Phone

(978) 475-2100

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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EXIT