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Active

248-250 Bailey, Lawrence MA 01843

$979,999

Estimated $2,192/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $326,666.33

Total Rent: 0/year

Estimated CAP Rate:

8 Bedrooms

Baths

3082

Total Parking: 12 (2 Garage)

5,571 (0.13)

248-250 Bailey, located in Lawrence, Massachusetts, presents a significant opportunity to acquire a substantial multi-family property constructed in 1910. Spanning 3,082 square feet of interior living area, this building offers an architectural history that provides a solid foundation for those seeking to invest in a versatile residential asset. The residence is structured across three distinct stories, offering a spacious floor plan that encompasses eight bedrooms in total. This generous bedroom count allows for flexible living arrangements and efficient space utilization. Complementing the private quarters, the property includes three full bathrooms, positioned to ensure functionality and convenience throughout the building. The exterior of the property occupies a 5,571-square-foot lot, providing a manageable outdoor footprint. Residents will benefit from the inclusion of two garage spaces, which offer secure, off-street vehicle storage and added utility in all weather conditions.

This home has been viewed 2 times

Last Checked: October 22nd, 2026 at 8:08pm (Source: MLS PIN #73594040)

Gross Income: $0

Gross Expenses: $7,231

Net Income Calc: $7,231

Annual Expenses for 248-250 Bailey, Lawrence MA 01843

Total Gross Expenses (Calculated)$7,231/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7231

Annual Income & Unit Breakdown for 248-250 Bailey, Lawrence MA 01843

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

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 248-250 Bailey, Lawrence MA 01843

Listing ID73594040

Property TypeMulti Family / 3 Family

Price979999 ($317.98/SqFt)

Style3 Family

CityLawrence

CountyEssex

Neighborhood(s)

Approximate Living Area Total3082

Approximate Lot Size (Acres)0.13

Total Parking12 (2 Garage)

Garage Parking2

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

ZoningRES

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 248-250 Bailey, Lawrence MA 01843

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsSurveillance Devices

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 248-250 Bailey, Lawrence MA 01843

Real Estate Taxes7231

Tax Year2026

Assessed Value$836,900

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 248-250 Bailey, Lawrence MA 01843

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 248-250 Bailey, Lawrence MA 01843

Agent

Name: Rafael Vega

Office

Name: The Guselli Agency, Inc.

Phone: 978-686-6400

Payment Calculator

, Interest

Property Taxes 602.58

Principal & Interest 6038.44

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

The Guselli Agency, Inc.

Rafael Vega

Agent Phone

Office Phone

(978) 686-6400

Text Agent Call Agent Call Office

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EXIT

7 More Photos

Active

248-250 Bailey, Lawrence MA 01843

$979,999

Annual Expenses for 248-250 Bailey, Lawrence MA 01843

Annual Income & Unit Breakdown for 248-250 Bailey, Lawrence MA 01843

General Information for 248-250 Bailey, Lawrence MA 01843

Disclosures for 248-250 Bailey, Lawrence MA 01843

Financial Information for 248-250 Bailey, Lawrence MA 01843

Location Information for 248-250 Bailey, Lawrence MA 01843

Contact Information for 248-250 Bailey, Lawrence MA 01843

Agent

Office

Payment Calculator

Exclusive Listing Agent

The Guselli Agency, Inc.

Rafael Vega