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INVESTMENT SNAPSHOT
About this property
Attention 203(k) buyer, — a savvy homebuyer or owner-occupant ready to take advantage of an affordable down payment (3.5% down) and convert this promising property into a beautiful two-family home. Located at 33 Garfield Street, recently subdivided from the original dual-building parcel (formerly Buildings 31 & 33). Built in 2010 and well maintained, the structure is in very good shape, and strong “bones.” Zoning Board approval already secured for redevelopment into a two-family dwelling — plus a spacious garage with potential for expansion. Imagine two residential units plus a large garage suitable for a home-shop or protected tandem parking for two cars. Off-street parking is abundant. For contractors, owner-occupants, or those looking to add value, this is a rare opportunity. With the right vision and a 203(k) rehab loan to bundle purchase + renovation — this unit offers remarkable upside. Reach out to schedule a walkthrough and explore the possibilities for this value add gem.
Property details
| Units | 2 |
| Living area | 3,208 sqft |
| Lot size | 5,244 sqft |
| Year built | 2010 |
| Price / sqft | $212 |
| County | Essex |
| MLS # | 73510349 |
Listing status
| Days on market | 4 days |
| Listed on | April 30, 2026 |
Taxes & financials
| Annual property tax | $5,571 |
| Tax year | 2025 |
| Assessed value | $633,100 |
| Zoning | R2 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 4 |
| Total rooms | 12 |
| Lot size | 0.12 acres |
| Garage spaces | 2 |
| Parking spaces | 12 |
| Parking | Paved Drive, Off Street, Driveway |
| Foundation | Concrete Perimeter, Slab |
| Roof | Shingle |
| Construction | Stone, Block |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range, for Electric Dryer, Washer Hookup |
Location
More about investing in Lawrence →
Listing courtesy of Realty ONE Group Nest — Jose Frias. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 33 Garfield St, Lawrence MA 01843 have?
It is a 2-unit multi-family property with 3,208 sqft of living area, built in 2010.
How long has 33 Garfield St, Lawrence MA 01843 been on the market?
33 Garfield St, Lawrence MA 01843 has been listed for 4 days (since April 30, 2026).
What is the estimated cap rate on this 2-family in Lawrence?
Based on area median rents, the estimated cap rate is about 4.2%, with a Signal Score of 76/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $679,900 across 2 units, that works out to roughly $339,950 per unit.
What are the property taxes on 33 Garfield St, Lawrence MA 01843?
Annual property taxes are $5,571 (2025), on an assessed value of $633,100.
What is the price per square foot?
At $679,900 for 3,208 sqft, that's about $212 per square foot.
Is there parking?
2 garage spaces and 12 total parking spaces (paved drive, off street, driveway).
Where is this property located?
33 Garfield St, Lawrence MA 01843 is in Lawrence, Essex County, MA 01843.
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