4 Family at 172-174 Park St, Lawrence MA 01841, Lawrence
4 Family at 172-174 Park St, Lawrence MA 01841, Lawrence, photo 2 of 17
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17 photos

$1,300,000

172-174 Park St, Lawrence MA 01841
Lawrence, MA 01841
Listed by Kim Mulligan
Bedrooms
12
Bathrooms
4
Living area
5,023 sqft
Year built
1910

About this home

Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5-6 room, 3-bedroom apartments, with the owner’s unit to be delivered vacant at closing, a rare opportunity to move right in or lease at market rent. Extensively updated through 2010, the property features a full building sprinkler system, separately metered gas and electric utilities, replacement windows, and low-maintenance vinyl siding. Additional amenities include coin-operated laundry, dedicated tenant storage, a one-car garage with 8+ more off-street parking spots, storage shed, fenced yard with fruit trees & garden area. Strong in-place rental income with all three tenanted units being TAW. Plenty of flexibility for future occupancy or rental adjustments. This is an excellent opportunity for both owner-occupants and investors seeking a well-maintained income property.

Property details

MLS #
73555467
Property type
4 Family
Subdivision
N/A
Status
Active
Days on market
31
On market date
July 27, 2026
Stories
4
Total bathrooms
4
Garage spaces
1
Parking spaces
11
Lot size
0.16 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Lawlor Early Childhood Center
0.14 mi away · Grades 0
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
133
Student:teacher ratio
11.1:1
District
Lawrence
Middle
Arlington Middle School
0.36 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
563
Student:teacher ratio
12.5:1
District
Lawrence
High
High School Learning Center
0.42 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
208
Student:teacher ratio
13.9:1
District
Lawrence

Mortgage calculator

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Est. monthly payment
$7,979/mo
$260,000 down
$1,040,000 loan
Principal & interest$6,745
Property tax (est.)$1,083
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 10 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.