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Active Under Contract

3 Oakwood Ave, Lawrence MA 01841

$580,000

Estimated $1,373/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $290,000

Total Rent: 42600/year

Estimated CAP Rate:

4 Bedrooms

Baths

1856

Total Parking: 12 (2 Garage)

6,098 (0.14)

**PROPERTY is in negotiations** Welcome to this 2-family home in the desirable Prospect Hill neighborhood, offering a great opportunity for investors, owner-occupants, or multi-generational living. Featuring two up-and-down units with a total of 4 bedrooms and 2 full baths, the property offers hardwood floors, ceramic-tiled baths, and functional layouts. Both units include enclosed porches, and the second-floor unit features a separate breakfast area. Additional highlights include gas heat, common basement laundry, basement and attic storage, a private backyard with storage shed, 2-car detached garage, and ample off-street parking. Recent improvements include new vinyl siding completed in August 2026 and an electrical update approximately 2 years ago. The roof is approximately 10 years old. Convenient to Routes 495 and 93, local amenities, and tax-free New Hampshire shopping.

This home has been viewed 5 times

Last Checked: September 18th, 2026 at 11:23am (Source: MLS PIN #73571800)

Gross Income: $42,600

Gross Expenses: $7,295

Net Income Calc: $35,305

Water Views

Annual Expenses for 3 Oakwood Ave, Lawrence MA 01841

Total Gross Expenses (Calculated)$7,295/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5195

Annual Income & Unit Breakdown for 3 Oakwood Ave, Lawrence MA 01841

Total Gross Income (Calculated)$42,600

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 3 Oakwood Ave, Lawrence MA 01841

Listing ID73571800

Property TypeMulti Family / 2 Family

Price580000 ($312.5/SqFt)

Style2 Family - 2 Units Up/down

CityLawrence

CountyEssex

MLS AreaNorth Lawrence

Neighborhood(s)

Approximate Living Area Total1856

Approximate Lot Size (Acres)0.14

Total Parking12 (2 Garage)

Garage Parking2

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area572

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRES

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 3 Oakwood Ave, Lawrence MA 01841

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

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 3 Oakwood Ave, Lawrence MA 01841

Real Estate Taxes5195

Tax Year2026

Assessed Value$601,330

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 3 Oakwood Ave, Lawrence MA 01841

Neighborhood(s)

MLS AreaNorth Lawrence

Area AmenitiesWalk/jog Trails

Contact Information for 3 Oakwood Ave, Lawrence MA 01841

Agent

Name: Jennifer Mason

Office

Name: Coldwell Banker Realty - Andovers/Readings Regional

Phone: 978-475-2201

Payment Calculator

, Interest

Property Taxes 432.92

Principal & Interest 3573.78

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Andovers/Readings Regional

Jennifer Mason

Agent Phone

Office Phone

(978) 475-2201

Text Agent Call Agent Call Office

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    [unparsed] => 3 Oakwood Ave, Lawrence MA 01841
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EXIT

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