Unlock the potential of this expansive mixed-use property in a prime Lawrence location. Currently configured with three tenant-at-will residential units, this property offers immediate income and significant upside. The second floor units were fully renovated in 2022, featuring updated electrical systems and modern finishes, also an addition creating a bonus room for abundant space. The ground floor presents a versatile commercial space, awaiting complete transformation. Approved by the building department for conversion into a fourth residential unit, architectural plans are already in place, offering a clear path to increasing rental income and property value. Alternatively, renovate the commercial space to cater to local business needs, tapping into a different market segment. This property boasts a large footprint, and deck providing an additional exit for the upper units. Don't miss this opportunity to capitalize on such flexible options and substantial growth capability!
| Units | 3 |
| Living area | 4,500 sqft |
| Lot size | 8,862 sqft |
| Year built | 1915 |
| Price / sqft | $138 |
| County | Essex |
| MLS # | 73520168 |
| Days on market | 12 days |
| Listed on | May 16, 2026 |
| Annual property tax | $5,467 |
| Tax year | 2026 |
| Assessed value | $479,600 |
| Zoning | B-2 |
| Gross income (actual) | $52,800/yr |
| Net operating income (actual) | $52,800/yr |
| Total actual rent | $4,400/mo |
| Stories | 4 |
| Total rooms | 8 |
| Lot size | 0.2 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Other |
| Basement | Partial, Interior Entry, Unfinished |
| Foundation | Block, Stone |
| Heating | Electric, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
More about investing in Lawrence →
Listing courtesy of Century 21 North East — Fermin Group. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 3-unit multi-family property with 4,500 sqft of living area, built in 1915.
106 E Haverhill, Lawrence MA 01841 has been listed for 12 days (since May 16, 2026).
Based on area median rents, the estimated cap rate is about 7.0%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
At a list price of $619,000 across 3 units, that works out to roughly $206,333 per unit.
Annual property taxes are $5,467 (2026), on an assessed value of $479,600.
At $619,000 for 4,500 sqft, that's about $138 per square foot.
106 E Haverhill, Lawrence MA 01841 is in Lawrence, Essex County, MA 01841.