Incredible investment opportunity ideal for a buyer looking to build instant equity through renovation! Located in the Tower Hill area, this spacious 3-family home offers over 3,300 sq. ft. of living space with classic hardwood floors throughout and off-street parking—all at a STEAL of a price. Separate utilities, a dedicated laundry room, and a full-length basement for storage. It needs some TLC; live in one unit, address one unit at a time, generate rental income, and watch your investment grow. Each unit offers great layout potential, high ceilings, and tons of natural light. With the right vision, it offers endless income potential. The units will be delivered vacant before closing. This property is conveniently located close to many amenities and major highways. Not all financing options will qualify. Bring your creativity, and make this 3-unit investment your own. Buyers are encouraged to attend the open houses. **OFFERS are due Monday, 11.17 by 12 PM.
This home has been viewed 23 times
Last Checked: December 5th, 2025 at 6:08am (Source: MLS PIN #73454595)
Gross Income: $0
Gross Expenses: $3,928
Net Income Calc: $3,928
CAP Rate: -0.57%
Annual Expenses for 265 Ames St, Lawrence MA 01841
Total Gross Expenses (Calculated)$3,928/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,928
Annual Income & Unit Breakdown for 265 Ames St, Lawrence MA 01841
Total Gross Income (Calculated)$0
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$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent Includes
General Information for 265 Ames St, Lawrence MA 01841
Listing ID73454595
Property TypeMulti Family / 3 Family
Price$689,000 ($208.28/SqFt)
Style3 Family - 3 Units Up/down
CityLawrence
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,308 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpacePorch
ZoningRES
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 265 Ames 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 265 Ames St, Lawrence MA 01841
Real Estate Taxes$3,928
Tax Year2025
Assessed Value$446,400
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)-0.57%
Location Information for 265 Ames St, Lawrence MA 01841
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Public Transportation
Contact Information for 265 Ames St, Lawrence MA 01841