Opportunity awaits with this well-maintained 2-family home ideally located on the Andover line! Whether you're looking to owner-occupy while generating rental income, accommodate multi-generational living, or add to your investment portfolio, this versatile property offers plenty of possibilities. Unit #74 occupies the first floor and features 2 bedrooms with hardwood floors and closets, a living room, full bath with tile flooring, and kitchen with gas stove, refrigerator, microwave and separate galley area with sink. Both units have direct access to the basement and backyard. Unit #76 is located on the second floor and is currently rented month-to-month, providing immediate income potential. It features 3 bedrooms, 1 full bath, hardwood flooring, a private side entrance with porch, plus access to a full stand-up unfinished attic offering valuable additional storage. Each unit has its own washer and dryer, separate electric and separate heating/hot water systems. #74 features natural gas with on-demand hot water, while #76 has an oil-fired boiler. Additional highlights include a garage with direct basement access, vinyl siding, newer windows and a roof approximately 4 years old. Outside, enjoy a fenced backyard with patio and garden area, a great extension of the living space. Conveniently situated near the Andover line with access to shopping, dining, commuter routes and area amenities. A terrific opportunity to live in one unit and offset expenses with rental income, create a multi-generational setup, or own a two-unit investment property!
This home has been viewed 17 times
Last Checked: October 26th, 2026 at 8:18am (Source: MLS PIN #73580857)
Gross Income: $21,600
Gross Expenses: $5,546
Net Income Calc: $16,054
Water Views
Annual Expenses for 74-76 Sylvester Street, Lawrence MA 01843
Total Gross Expenses (Calculated)$5,546/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5546
Annual Income & Unit Breakdown for 74-76 Sylvester Street, Lawrence MA 01843
Total Gross Income (Calculated)$21,600
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 74-76 Sylvester Street, Lawrence MA 01843
Listing ID73580857
Property TypeMulti Family / 2 Family
Price609925 ($275.36/SqFt)
Style2 Family - 2 Units Up/down
CityLawrence
CountyEssex
Neighborhood(s)
Approximate Living Area Total2215
Approximate Lot Size (Acres)0.08
Total Parking3 (1 Garage)
Garage Parking1
Year Built1928
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 74-76 Sylvester Street, Lawrence MA 01843
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWall Mounted Tv's-Brackets To Remain
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 74-76 Sylvester Street, Lawrence MA 01843
Real Estate Taxes5546
Tax Year2026
Assessed Value$641,800
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 74-76 Sylvester Street, Lawrence MA 01843
Elementary SchoolFrost Elementary School
Middle SchoolFrost Middle School
High SchoolLawrence High School
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 74-76 Sylvester Street, Lawrence MA 01843