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3 Family at 263-265 Water St, Lawrence MA 01841, Lawrence
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$849,000

263-265 Water St, Lawrence MA 01841
Lawrence, MA 01841
Listed by Gina Guerra
Bedrooms
10
Bathrooms
3
Living area
3,720 sqft
Year built
1900

About this home

**** INVESTORS TAKE NOTE!!!! Introducing a remarkable opportunity in the real estate market! Exceptional three-family investment opportunity offering three well-proportioned 2 3 -bedroom units & 1 4 bedroom unit, each designed to appeal to today’s rental market. This versatile multifamily property presents an excellent opportunity for investors seeking consistent income potential, long-term appreciation, and the flexibility to rent all three units or owner-occupy while offsetting expenses with rental revenue. With a highly desirable unit mix and strong appeal for tenants needing additional space, this property is well suited for both seasoned investors and buyers looking to begin or expand their multifamily portfolio. OFFER DEADLINE Wednesday, 7/1/26 by 5pm

Property details

MLS #
73541620
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
105
On market date
June 25, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.08 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
James F Hennessey
0.11 mi away · Grades -1-2
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
312
Student:teacher ratio
9.8:1
District
Lawrence
Middle
Guilmette Middle School
0.2 mi away · Grades 5-8
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
496
Student:teacher ratio
8.9:1
District
Lawrence
High
High School Learning Center
1.06 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

Walkability

Blended score for Lawrence's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

94
Highly walkable
out of 100
EPA National Walkability Index
17.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Lawrence, from live MLS data.

On the market 105 days -- 4 fewer days than Lawrence's current average of 109 days.
For reference, the median list price across 230 active listings in Lawrence right now is $90,000.

Mortgage calculator

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Est. monthly payment
$5,263/mo
$169,800 down
$679,200 loan
Principal & interest$4,405
Property tax (est.)$708
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 1, 2026.

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.