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Active

53-57 Woodland St, Lawrence MA 01841

$1,900,000

Estimated $3,956/month Calculator

Multi Family

Total Units: 7

Price Per Unit: $271,428.57

Total Rent: 131400/year

Estimated CAP Rate:

22 Bedrooms

Baths

8690

Total Parking: 10

21,780 (0.50)

53-57 Woodland St contains seven (7) total units, spread across two (2) 3-Family structures and a Single Family. Units are comprised of two (2) 4-Bedroom/1-Bathroom units, four (4) 3-Bedroom/1-Bathroom units, and one (1) 2-Bedroom/1-Bathroom unit with 8,690 square feet of gross living area in 14,240 square feet of gross area. The Properties are spread across 0.50-acres of land and feature ten (10) off-street parking spaces, and have been updated with a new roof, electrical, and some recently renovated units. The Property’s multi-building configuration also provides the potential to reposition the asset as two separate properties consisting of three (3) units and four (4) units, respectively. This flexibility creates multiple exit strategies and broadens the pool of prospective buyers, including both investors and owner-occupants. The opportunity exists to acquire a well-located asset with significant upside potential for new ownership. Buyers and buyer's agent to perform own due diligence.

This home has been viewed 3 times

Last Checked: July 29th, 2026 at 7:33pm (Source: MLS PIN #73556228)

Gross Income: $131,400

Gross Expenses: $43,901

Net Income Calc: $87,499

Water Views

Annual Expenses for 53-57 Woodland St, Lawrence MA 01841

Total Gross Expenses (Calculated)$43,901/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10505

Annual Income & Unit Breakdown for 53-57 Woodland St, Lawrence MA 01841

Total Gross Income (Calculated)$131,400

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

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

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

General Information for 53-57 Woodland St, Lawrence MA 01841

Listing ID73556228

Property TypeMulti Family / 5+ Family

Price1900000 ($218.64/SqFt)

Style5-9 Family

CityLawrence

CountyEssex

Neighborhood(s)

Approximate Living Area Total8690

Approximate Lot Size (Acres)0.5

Total Parking10

Garage Parking0

Year Built1900

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

ZoningR-2

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 53-57 Woodland St, Lawrence MA 01841

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTv In Family Room. Kitchen Island Bar Stools And Table Set Excluded But Sellers Will Entertain Set.

Financial Data SourceEstimated

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 53-57 Woodland St, Lawrence MA 01841

Real Estate Taxes10505

Tax Year2026

Assessed Value$1,215,900

Financial Data SourceEstimated

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 53-57 Woodland St, Lawrence MA 01841

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 53-57 Woodland St, Lawrence MA 01841

Agent

Name: Spencer Norton

Office

Name: Horvath & Tremblay

Phone: 781-776-4000

Payment Calculator

, Interest

Property Taxes 875.42

Principal & Interest 11707.2

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

18 More Photos

Active

53-57 Woodland St, Lawrence MA 01841

$1,900,000

Annual Expenses for 53-57 Woodland St, Lawrence MA 01841

Annual Income & Unit Breakdown for 53-57 Woodland St, Lawrence MA 01841

General Information for 53-57 Woodland St, Lawrence MA 01841

Disclosures for 53-57 Woodland St, Lawrence MA 01841

Financial Information for 53-57 Woodland St, Lawrence MA 01841

Location Information for 53-57 Woodland St, Lawrence MA 01841

Contact Information for 53-57 Woodland St, Lawrence MA 01841

Agent

Office

Payment Calculator

Exclusive Listing Agent

Horvath & Tremblay

Spencer Norton