This newly renovated mixed-use property consists of 1 retail unit and 6 residential units spread across 4 floors. Tenants are responsible for their own utilities. This building was gut rehabbed in 2020 with new electrical, plumbing, heating systems, etc. The building is fully sprinklered and has coin op laundry for the tenants. The new owner has a chance to step into a stabilized asset with minimal differed maintenance in a high demand area.
This home has been viewed 6 times
Last Checked: October 20th, 2026 at 7:13pm (Source: MLS PIN #73592783)
Gross Income: $52,800
Gross Expenses: $10,103
Net Income Calc: $42,697
Annual Expenses for 265 Essex Street, Lawrence MA 01840
Total Gross Expenses (Calculated)$10,103/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10103
Annual Income & Unit Breakdown for 265 Essex Street, Lawrence MA 01840
Total Gross Income (Calculated)$52,800
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor0
Levels in Unit0
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor0
Levels in Unit0
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 265 Essex Street, Lawrence MA 01840
Listing ID73592783
Property TypeMulti Family / 5+ Family
Price2190000 ($305.23/SqFt)
Style5-9 Family
CityLawrence
CountyEssex
Neighborhood(s)
Approximate Living Area Total7175
Approximate Lot Size (Acres)0.16
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningB
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 265 Essex Street, Lawrence MA 01840
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceAppraiser
ExclusionsWine Refrigerator
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 265 Essex Street, Lawrence MA 01840
Real Estate Taxes10103
Tax Year2026
Assessed Value$833,600
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 265 Essex Street, Lawrence MA 01840
Neighborhood(s)
Area Amenities
Contact Information for 265 Essex Street, Lawrence MA 01840