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161-167 S Union Street, Lawrence MA 01843

Withdrawn

161-167 S Union Street, Lawrence MA 01843

$2,050,000

Estimated $4,484/month Calculator

Multi Family

Total Units: 9

Price Per Unit: $227,777.78

Total Rent: 109200/year

Estimated CAP Rate:

21 Bedrooms

Baths

11280

Total Parking: 7

6,969 (0.16)

161-167 South Union Street contains nine (9) total units, comprised of seven (7), 3-Bedroom/1-Bathroom units and two street-level commercial units with 11,280 square feet of gross living area in 15,000 square feet of gross area. Both commercial units are occupied by Hayes Tavern, who recently signed a brand-new lease. The Property is located in South Lawrence, providing strong urban visibility within a well-established neighborhood and convenient access to local amenities. The Property is situated in a highly walkable area with numerous retailers, services, and community amenities. The Lawrence MBTA Commuter Rail station is within walking distance, as well as nearby access to major roadways such as I-495 and Route 28. Tenants are responsible for individually metered electric, as well as gas powered heat & hot water. The Landlord provides city water and sewer.

This home has been viewed 19 times

Last Checked: April 29th, 2026 at 4:29am (Source: MLS PIN #73475928)

Gross Income: $109,200

Gross Expenses: $13,921

Net Income Calc: $95,279

Water Views

Annual Expenses for 161-167 S Union Street, Lawrence MA 01843

Total Gross Expenses (Calculated)$13,921/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax13921

Annual Income & Unit Breakdown for 161-167 S Union Street, Lawrence MA 01843

Total Gross Income (Calculated)$109,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 161-167 S Union Street, Lawrence MA 01843

Listing ID73475928

Property TypeMulti Family / 3 Family

Price2050000 ($181.74/SqFt)

Style3 Family - 3 Units Side By Side

CityLawrence

CountyEssex

Neighborhood(s)

Approximate Living Area Total11280

Approximate Lot Size (Acres)0.16

Total Parking7

Garage Parking0

Year Built1930

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningB2

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 161-167 S Union Street, Lawrence MA 01843

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 161-167 S Union Street, Lawrence MA 01843

Real Estate Taxes13921

Tax Year2026

Assessed Value$1,234,400

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 161-167 S Union Street, Lawrence MA 01843

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 161-167 S Union Street, Lawrence MA 01843

Agent

Name: Spencer Norton

Office

Name: Horvath & Tremblay

Phone: 781-776-4000

Team Members

Payment Calculator

, Interest

Property Taxes 1160.08

Principal & Interest 12631.45

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Horvath & Tremblay

Spencer Norton

Agent Phone

Office Phone

(781) 776-4000

Text Agent Call Agent Call Office

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EXIT

14 More Photos

Withdrawn

161-167 S Union Street, Lawrence MA 01843

$2,050,000

Annual Expenses for 161-167 S Union Street, Lawrence MA 01843

Annual Income & Unit Breakdown for 161-167 S Union Street, Lawrence MA 01843

General Information for 161-167 S Union Street, Lawrence MA 01843

Disclosures for 161-167 S Union Street, Lawrence MA 01843

Financial Information for 161-167 S Union Street, Lawrence MA 01843

Location Information for 161-167 S Union Street, Lawrence MA 01843

Contact Information for 161-167 S Union Street, Lawrence MA 01843

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Horvath & Tremblay

Spencer Norton