Multi Family at 48 Union St, Lawrence MA 01840, Lawrence
Multi Family at 48 Union St, Lawrence MA 01840, Lawrence, photo 2 of 15
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15 photos

$599,900

48 Union St, Lawrence MA 01840
Lawrence, MA 01840
Listed by We Close Deals Team
Bedrooms
4
Bathrooms
3
Living area
2,048 sqft
Year built
1900

About this home

Welcome to 48 Union Street, a townhome-style two-family property featuring an up-and-down duplex configuration in the heart of Lawrence. Offering two separate residences under one roof, this property provides flexibility for an owner-occupant looking to offset monthly expenses with rental income, an investor seeking a centrally located multifamily asset or buyers in need of independent living spaces. Each unit enjoys its own private living area, creating separation and versatility for a variety of ownership strategies. The property is conveniently positioned near Lawrence-area hospitals, medical offices and healthcare facilities, while also providing easy access to downtown amenities, shopping, dining, public transportation and everyday necessities. With its adaptable layout, central location and income-producing potential, 48 Union Street presents an exciting opportunity to own a multifamily property in one of Lawrence’s most accessible areas.

Highlights

View

Property details

MLS #
73581570
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
7
On market date
September 23, 2026
Stories
2
Total bathrooms
3
Garage spaces
N/A
Parking spaces
2
Lot size
0.05 acres
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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
Oliver Partnership School
0.37 mi away · Grades 1-5
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
461
Student:teacher ratio
12.8:1
District
Lawrence
Middle
UP Academy Leonard Middle School
0.09 mi away · Grades 6-8
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
340
Student:teacher ratio
12.6:1
District
Lawrence
HighCharter
Phoenix Academy Public Charter High School Lawrence
0.05 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
138
Student:teacher ratio
12.5:1
District
Phoenix Academy Public Charter High School Lawrence (Distric

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).

83
Highly walkable
out of 100
EPA National Walkability Index
14.3 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies10

Market position

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

On the market 7 days -- 99 fewer days than Lawrence's current average of 106 days.
For reference, the median list price across 226 active listings in Lawrence right now is $75,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,763/mo
$119,980 down
$479,920 loan
Principal & interest$3,113
Property tax (est.)$500
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 21 hr 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.