Exceptional owner-occupied or investment opportunity in South Lawrence this 2-family property is conveniently located near shopping, highways, medical facilities, and local amenities. Situated on a nearly 7,000 sq. ft. fenced and paved lot, the property offers ample off-street parking, green area, a large detached garage, and potential buildable lot opportunity (buyer to perform due diligence). Recent updates include solar panels installed in 2025 providing energy savings for the owner and first-floor occupants, a Puronics water filtration system installed in 2023, as well as two new gas furnaces installed by Colombia Gas in 2018. Additional features include finished basement storage space and shared laundry access. Both units offer 2 bedrooms, 1 full bath, with an open living and dining area. Showings begin at Open House on 5/30. Sale subject to seller securing suitable housing.
This home has been viewed 14 times
Last Checked: June 19th, 2026 at 8:03am (Source: MLS PIN #73525828)
Gross Income: $0
Gross Expenses: $4,927
Net Income Calc: $4,927
Annual Expenses for 191 Farnham St, Lawrence MA 01843
Total Gross Expenses (Calculated)$4,927/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4927
Annual Income & Unit Breakdown for 191 Farnham St, Lawrence MA 01843
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 191 Farnham St, Lawrence MA 01843
Listing ID73525828
Property TypeMulti Family
Price669900 ($389.48/SqFt)
StyleMulti Family
CityLawrence
CountyEssex
MLS AreaSouth Lawrence
Neighborhood(s)
Approximate Living Area Total1720
Approximate Lot Size (Acres)0.16
Total Parking7 (2 Garage)
Garage Parking2
Year Built1910
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 191 Farnham St, Lawrence MA 01843
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsDryer
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 191 Farnham St, Lawrence MA 01843
Real Estate Taxes4927
Tax Year2025
Assessed Value$559,900
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 191 Farnham St, Lawrence MA 01843
Neighborhood(s)
MLS AreaSouth Lawrence
Area AmenitiesWalk/jog Trails
Contact Information for 191 Farnham St, Lawrence MA 01843