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263-265 Water St, Lawrence MA 01841

$849,000

Estimated $1,924/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $283,000

Total Rent: 64800/year

Estimated CAP Rate:

10 Bedrooms

Baths

3720

Total Parking: 10

3,360 (0.08)

**** INVESTORS TAKE NOTE!!!! Introducing a remarkable opportunity in the real estate market! Exceptional three-family investment opportunity offering three well-proportioned 2 3 -bedroom units & 1 4 bedroom unit, each designed to appeal to today’s rental market. This versatile multifamily property presents an excellent opportunity for investors seeking consistent income potential, long-term appreciation, and the flexibility to rent all three units or owner-occupy while offsetting expenses with rental revenue. With a highly desirable unit mix and strong appeal for tenants needing additional space, this property is well suited for both seasoned investors and buyers looking to begin or expand their multifamily portfolio.

This home has been viewed 4 times

Last Checked: June 26th, 2026 at 7:08pm (Source: MLS PIN #73541620)

Gross Income: $64,800

Gross Expenses: $6,571

Net Income Calc: $58,229

Annual Expenses for 263-265 Water St, Lawrence MA 01841

Total Gross Expenses (Calculated)$6,571/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6571

Annual Income & Unit Breakdown for 263-265 Water St, Lawrence MA 01841

Total Gross Income (Calculated)$64,800

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 263-265 Water St, Lawrence MA 01841

Listing ID73541620

Property TypeMulti Family / 3 Family

Price849000 ($228.23/SqFt)

Style3 Family

CityLawrence

CountyEssex

Neighborhood(s)

Approximate Living Area Total3720

Approximate Lot Size (Acres)0.08

Total Parking10

Garage Parking0

Year Built1900

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 Area0

Foundation Description

Accessible Features

Outdoor Space

ZoningB2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 263-265 Water St, Lawrence MA 01841

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTv On The Deck And Garage Tv

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 263-265 Water St, Lawrence MA 01841

Real Estate Taxes6571

Tax Year2026

Assessed Value$760,500

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 263-265 Water St, Lawrence MA 01841

Elementary SchoolPublic

Middle SchoolPublic

High SchoolPublic

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 263-265 Water St, Lawrence MA 01841

Agent

Name: Gina Guerra

Office

Name: Diamond Key Real Estate

Phone: 603-382-7979

Team Members

Payment Calculator

, Interest

Property Taxes 547.58

Principal & Interest 5231.27

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Diamond Key Real Estate

Gina Guerra

Agent Phone

Office Phone

(603) 382-7979

Text Agent Call Agent Call Office

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    [description] => **** INVESTORS TAKE NOTE!!!! Introducing a remarkable opportunity in the real estate market!  Exceptional three-family investment opportunity offering three well-proportioned 2 3 -bedroom units & 1 4 bedroom unit, each designed to appeal to today’s rental market. This versatile multifamily property presents an excellent opportunity for investors seeking consistent income potential, long-term appreciation, and the flexibility to rent all three units or owner-occupy while offsetting expenses with rental revenue. With a highly desirable unit mix and strong appeal for tenants needing additional space, this property is well suited for both seasoned investors and buyers looking to begin or expand their multifamily portfolio.
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    [unparsed] => 263-265 Water St, Lawrence MA 01841
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EXIT

31 More Photos

Active

263-265 Water St, Lawrence MA 01841

$849,000

Annual Expenses for 263-265 Water St, Lawrence MA 01841

Annual Income & Unit Breakdown for 263-265 Water St, Lawrence MA 01841

General Information for 263-265 Water St, Lawrence MA 01841

Disclosures for 263-265 Water St, Lawrence MA 01841

Financial Information for 263-265 Water St, Lawrence MA 01841

Location Information for 263-265 Water St, Lawrence MA 01841

Contact Information for 263-265 Water St, Lawrence MA 01841

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Diamond Key Real Estate

Gina Guerra