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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 3 |
| Living area | 3,082 sqft |
| Lot size | 5,571 sqft |
| Year built | 1910 |
| Price / sqft | $318 |
| County | Essex |
| MLS # | 73594040 |
Listing status
| Days on market | 0 days |
| Listed on | October 22, 2026 |
Taxes & financials
| Annual property tax | $7,231 |
| Tax year | 2026 |
| Assessed value | $836,900 |
| Zoning | RES |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 13 |
| Lot size | 0.13 acres |
| Garage spaces | 2 |
| Parking spaces | 10 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Walk-Out Access, Bulkhead, Concrete |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile |
Utilities & systems
| Heating | Baseboard, Natural Gas, Forced Air |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Dryer, Washer Hookup |
| Appliances | Range, Microwave, Refrigerator |
Location
More about investing in Lawrence →
Listing courtesy of a MLS PIN member office. 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 248-250 Bailey, Lawrence MA 01843 have?
It is a 3-unit multi-family property with 3,082 sqft of living area, built in 1910.
How long has 248-250 Bailey, Lawrence MA 01843 been on the market?
248-250 Bailey, Lawrence MA 01843 has been listed for 0 days (since October 22, 2026).
What is the price per unit?
At a list price of $979,999 across 3 units, that works out to roughly $326,666 per unit.
What are the property taxes on 248-250 Bailey, Lawrence MA 01843?
Annual property taxes are $7,231 (2026), on an assessed value of $836,900.
What is the price per square foot?
At $979,999 for 3,082 sqft, that's about $318 per square foot.
Is there parking?
2 garage spaces and 10 total parking spaces (paved drive, off street).
Where is this property located?
248-250 Bailey, Lawrence MA 01843 is in Lawrence, Essex County, MA 01843.
