Unlock the potential of this expansive mixed-use property in a prime Lawrence location. Currently configured with three tenant-at-will residential units, this property offers immediate income and significant upside. The second floor units were fully renovated in 2022, featuring updated electrical systems and modern finishes, also a permitted addition creating a bonus room for abundant space. The ground floor presents a versatile commercial space, awaiting complete transformation. Approved by the building department for conversion into a fourth residential unit, architectural plans are already in place, offering a clear path to increasing rental income and property value. Alternatively, renovate the commercial space to cater to local business needs, tapping into a different market segment. This property boasts a large footprint, and deck providing an additional exit for the upper units. Don't miss this opportunity to capitalize on such flexible options and substantial growth capability!
This home has been viewed 10 times
Last Checked: May 16th, 2026 at 7:18pm (Source: MLS PIN #73520168)
Gross Income: $52,800
Gross Expenses: $5,467
Net Income Calc: $47,333
Water Views
Annual Expenses for 106 E Haverhill, Lawrence MA 01841
Total Gross Expenses (Calculated)$5,467/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5467
Annual Income & Unit Breakdown for 106 E Haverhill, Lawrence MA 01841
Total Gross Income (Calculated)$52,800
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 106 E Haverhill, Lawrence MA 01841
Listing ID73520168
Property TypeMulti Family / 3 Family
Price619000 ($137.56/SqFt)
Style3 Family
CityLawrence
CountyEssex
Neighborhood(s)
Approximate Living Area Total4500
Approximate Lot Size (Acres)0.2
Total Parking0
Garage Parking0
Year Built1915
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningB-2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 106 E Haverhill, Lawrence MA 01841
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
ExclusionsPlease See Agent For List
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 106 E Haverhill, Lawrence MA 01841
Real Estate Taxes5467
Tax Year2026
Assessed Value$479,600
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 106 E Haverhill, Lawrence MA 01841
Neighborhood(s)
Area Amenities
Contact Information for 106 E Haverhill, Lawrence MA 01841