Incredible investment opportunity in Lawrence! This 2-family property offers tremendous potential for investors or buyers looking to build equity. Unit 1 features 2 spacious bedrooms and a large eat-in kitchen. Unit 2 spans two levels, offering 3 bedrooms and 2 full bathrooms. Additional potential for expansion and an ADU with full basement and detached Garage- subject to city approvals. An exceptional opportunity at an attractive entry price with plenty of upside! Property will not qualify for FHA or VA financing. Tenants in place, please do not disturb.
This home has been viewed 3 times
Last Checked: November 5th, 2026 at 11:03am (Source: MLS PIN #73599042)
Gross Income: $43,200
Gross Expenses: $4,759
Net Income Calc: $38,441
Annual Expenses for 160 Walnut St, Lawrence MA 01841
Total Gross Expenses (Calculated)$4,759/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4759
Annual Income & Unit Breakdown for 160 Walnut St, Lawrence MA 01841
Total Gross Income (Calculated)$43,200
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 160 Walnut St, Lawrence MA 01841
Listing ID73599042
Property TypeMulti Family
Price640000 ($271.19/SqFt)
StyleMulti Family
CityLawrence
CountyEssex
Neighborhood(s)
Approximate Living Area Total2360
Approximate Lot Size (Acres)0.07
Total Parking7 (1 Garage)
Garage Parking1
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR-3
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 160 Walnut St, Lawrence MA 01841
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsSwing Set
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 160 Walnut St, Lawrence MA 01841
Real Estate Taxes4759
Tax Year2026
Assessed Value$550,800
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 160 Walnut St, Lawrence MA 01841
Neighborhood(s)
Area Amenities
Contact Information for 160 Walnut St, Lawrence MA 01841