PRICE REDUCTION – NEW PRICE! Excellent opportunity for investors, developers, or owner-occupants! Constructed in 1969, this spacious duplex-style multi-family property offers approximately 2,334 sq. ft. of living space with two separate units. Each unit provides generous living accommodations, including an additional bedroom for added flexibility and functionality.Situated on a generous 9,600 sq. ft. lot, one of the property’s standout features is its 15+ parking spaces, offering exceptional convenience for residents and guests.Per the City of Lawrence, the property is located in an R-3 zoning district, providing potential for three-family use, conversion, or redevelopment, subject to applicable zoning requirements, permitting, and City approval. Buyers and buyer’s agents are encouraged to perform their own due diligence regarding zoning and development possibilities.With its single-story duplex-style configuration, ample parking, flexible living space, and potential for additional development, this property offers multiple possibilities—from rental income and multi-generational living to an owner-occupant living in one unit while renting the other.Now offered at a reduced price—don’t miss the opportunity to explore the full potential of this versatile property!
This home has been viewed 4 times
Last Checked: September 16th, 2026 at 1:43pm (Source: MLS PIN #73563107)
Gross Income: $0
Gross Expenses: $4,944
Net Income Calc: $4,944
Annual Expenses for 28 Exchange St, Lawrence MA 01841
Total Gross Expenses (Calculated)$4,944/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4944
Annual Income & Unit Breakdown for 28 Exchange St, Lawrence MA 01841
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 28 Exchange St, Lawrence MA 01841
Listing ID73563107
Property TypeMulti Family
Price849900 ($364.14/SqFt)
StyleMulti Family
CityLawrence
CountyEssex
MLS AreaNorth Lawrence
Neighborhood(s)
Approximate Living Area Total2334
Approximate Lot Size (Acres)0.22
Total Parking15
Garage Parking0
Year Built1969
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Area0
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR-3
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 28 Exchange St, Lawrence MA 01841
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings.
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 28 Exchange St, Lawrence MA 01841
Real Estate Taxes4944
Tax Year2026
Assessed Value$572,200
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 28 Exchange St, Lawrence MA 01841
Neighborhood(s)
MLS AreaNorth Lawrence
Area AmenitiesWalk/jog Trails
Contact Information for 28 Exchange St, Lawrence MA 01841