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INVESTMENT SNAPSHOT
About this property
53-57 Woodland St contains seven (7) total units, spread across two (2) 3-Family structures and a Single Family. Units are comprised of two (2) 4-Bedroom/1-Bathroom units, four (4) 3-Bedroom/1-Bathroom units, and one (1) 2-Bedroom/1-Bathroom unit with 8,690 square feet of gross living area in 14,240 square feet of gross area. The Properties are spread across 0.50-acres of land and feature ten (10) off-street parking spaces, and have been updated with a new roof, electrical, and some recently renovated units. The Property’s multi-building configuration also provides the potential to reposition the asset as two separate properties consisting of three (3) units and four (4) units, respectively. This flexibility creates multiple exit strategies and broadens the pool of prospective buyers, including both investors and owner-occupants. The opportunity exists to acquire a well-located asset with significant upside potential for new ownership. Buyers and buyer's agent to perform own due diligence.
Property details
| Units | 7 |
| Living area | 8,690 sqft |
| Lot size | 21,780 sqft |
| Year built | 1900 |
| Price / sqft | $219 |
| County | Essex |
| MLS # | 73556228 |
Listing status
| Days on market | 4 days |
| Listed on | July 29, 2026 |
Taxes & financials
| Annual property tax | $10,505 |
| Tax year | 2026 |
| Assessed value | $1,215,900 |
| Zoning | R-2 |
| Gross income (actual) | $206,400/yr |
| Net operating income (actual) | $152,179/yr |
| Total actual rent | $17,200/mo |
| Electric expense | $762/yr |
| Insurance expense | $9,520/yr |
Building & lot
| Stories | 5 |
| Total rooms | 36 |
| Lot size | 0.5 acres |
| Garage spaces | 0 |
| Parking spaces | 10 |
| Parking | Off Street, Paved |
| Foundation | Other |
| Roof | Shingle, Rubber |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
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 53-57 Woodland St, Lawrence MA 01841 have?
It is a 7-unit multi-family property with 8,690 sqft of living area, built in 1900.
How long has 53-57 Woodland St, Lawrence MA 01841 been on the market?
53-57 Woodland St, Lawrence MA 01841 has been listed for 4 days (since July 29, 2026).
What is the price per unit?
At a list price of $1,900,000 across 7 units, that works out to roughly $271,429 per unit.
What are the property taxes on 53-57 Woodland St, Lawrence MA 01841?
Annual property taxes are $10,505 (2026), on an assessed value of $1,215,900.
What is the price per square foot?
At $1,900,000 for 8,690 sqft, that's about $219 per square foot.
Is there parking?
10 total parking spaces (off street, paved).
Where is this property located?
53-57 Woodland St, Lawrence MA 01841 is in Lawrence, Essex County, MA 01841.
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