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97-97A Ferry, Lawrence MA 01841

$770,000

Estimated $1,787/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $385,000

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

2840

Total Parking: 10 (2 Garage)

8,235 (0.19)

Fantastic opportunity in the heart of desirable Prospect Hill! This classic 2-family home features 2840 sq ft of total living space plus a huge 1420 sq ft basement with incredible storage or expansion potential. A large walk-up attic provides additional storage and exciting possibilities for future use. Each unit offers 3 generous bedrooms, a full bath, hardwood floors, and a spacious living and dining room layout designed for comfortable living and entertainment. Set on a sizable lot, the property boasts a large backyard ideal for gardening or cookouts, along with a long driveway accommodating up to 6 cars and a detached 2-car garage. Recent updates include a 1st-floor furnace that is 4 years young, 2nd-floor furnace had new parts replaced last year, hot water heaters replaced in 2017 and 2025, and a roof that is approximately 15 years old. Conveniently located close to shopping, dining, and major highways, this property does need some cosmetic updating and TLC, but offers tons of upside and potential for an investor or owner-occupant looking to build equity. Property will be delivered vacant. Open House on Sat 11-1pm & Sun 11-12:30pm. Offer deadline Monday 10/12 by 12 noon.

This home has been viewed 15 times

Last Checked: October 28th, 2026 at 7:28am (Source: MLS PIN #73587786)

Gross Income: $0

Gross Expenses: $6,459

Net Income Calc: $6,459

Annual Expenses for 97-97A Ferry, Lawrence MA 01841

Total Gross Expenses (Calculated)$6,459/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6459

Annual Income & Unit Breakdown for 97-97A Ferry, Lawrence MA 01841

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

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 97-97A Ferry, Lawrence MA 01841

Listing ID73587786

Property TypeMulti Family / 2 Family

Price770000 ($271.13/SqFt)

Style2 Family - 2 Units Up/down

CityLawrence

CountyEssex

Neighborhood(s)

Approximate Living Area Total2840

Approximate Lot Size (Acres)0.19

Total Parking10 (2 Garage)

Garage Parking2

Year Built1910

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 Description

Accessible Features

Outdoor SpaceCovered

ZoningMulti

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 97-97A Ferry, 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 97-97A Ferry, Lawrence MA 01841

Real Estate Taxes6459

Tax Year2026

Assessed Value$747,600

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 97-97A Ferry, Lawrence MA 01841

High SchoolLawrence High

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 97-97A Ferry, Lawrence MA 01841

Agent

Name: Gabrielle Allen

Office

Name: Century 21 McLennan & Company

Phone: 978-683-8008

Team Members

Payment Calculator

, Interest

Property Taxes 538.25

Principal & Interest 4744.5

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 McLennan & Company

Gabrielle Allen

Agent Phone

Office Phone

(978) 683-8008

Text Agent Call Agent Call Office

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EXIT

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