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Active Under Contract

46 Manchester, Lawrence MA 01841

$774,000

Estimated $1,680/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $258,000

Total Rent: 36000/year

Estimated CAP Rate:

7 Bedrooms

Baths

2633

Total Parking: 3

3,787 (0.09)

Here's a chance to buy a home and an investment in one. 46 Manchester St is a 1910 three-family with 8 bedrooms and 3 full baths. The 2nd-floor unit is vacant and partway through a renovation, so you can make it your own. It has 3 bedrooms and about 850 sq ft. Newer wood-look flooring and a sunny bay window in the primary bedroom. The kitchen is ready for you to pick the cabinets, counters and finishes you want. The unit also has a separate living room and dining room, a good layout for an owner who wants space. The top-floor 1-bedroom unit has its own balcony, and the 1st-floor unit adds to the income. Other features include gas steam heat, separate electric meters, aluminum/vinyl siding, a full basement for storage, rear decks, off-street driveway parking and a fenced yard. It's close to downtown Lawrence, shopping, the commuter rail and I-495. You can live upstairs while your tenants help pay the mortgage, or finish the unit and rent it at market rate.

This home has been viewed 20 times

Last Checked: October 26th, 2026 at 8:28am (Source: MLS PIN #73586092)

Gross Income: $36,000

Gross Expenses: $5,100

Net Income Calc: $30,900

Annual Expenses for 46 Manchester, Lawrence MA 01841

Total Gross Expenses (Calculated)$5,100/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5100

Annual Income & Unit Breakdown for 46 Manchester, Lawrence MA 01841

Total Gross Income (Calculated)$36,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit0

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 46 Manchester, Lawrence MA 01841

Listing ID73586092

Property TypeMulti Family / 3 Family

Price774000 ($293.96/SqFt)

Style3 Family - 3 Units Up/down

CityLawrence

CountyEssex

Neighborhood(s)

Approximate Living Area Total2633

Approximate Lot Size (Acres)0.09

Total Parking3

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR-3

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 46 Manchester, Lawrence MA 01841

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.

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 46 Manchester, Lawrence MA 01841

Real Estate Taxes5100

Tax Year2025

Assessed Value$579,500

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 46 Manchester, Lawrence MA 01841

Neighborhood(s)

Area Amenities

Contact Information for 46 Manchester, Lawrence MA 01841

Agent

Name: Ann Bennett

Office

Name: eXp Realty LLC

Phone: 888-854-7493

Team Members

Payment Calculator

, Interest

Property Taxes 425

Principal & Interest 4769.14

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty LLC

Ann Bennett

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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EXIT

39 More Photos

Active Under Contract

46 Manchester, Lawrence MA 01841

$774,000

Annual Expenses for 46 Manchester, Lawrence MA 01841

Annual Income & Unit Breakdown for 46 Manchester, Lawrence MA 01841

General Information for 46 Manchester, Lawrence MA 01841

Disclosures for 46 Manchester, Lawrence MA 01841

Financial Information for 46 Manchester, Lawrence MA 01841

Location Information for 46 Manchester, Lawrence MA 01841

Contact Information for 46 Manchester, Lawrence MA 01841

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

eXp Realty LLC

Ann Bennett