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Sold for $1,200,000 on 11/10/25
  • $1,200,000

    176-178 Bailey St, Lawrence, MA 01843

    17beds
    5,708sqft
    4 Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $210/sqft
    $2,949 Estimated rent

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    What's special

    Pleased to present 176–178 Bailey Street, a substantial 4-unit multifamily in Lawrence’s Southside neighborhood. The property features three (3) 4-bed/1-bath units and one (1) 5-bed/2-bath loft-style unit, totaling 5,708± sq. ft. of living area and 8,980± sq. ft. gross area on a 0.18-acre lot with off-street parking. Each unit is separately metered for electric, heat, and hot water; landlord responsible for common electric and domestic water/sewer. Recent updates include a brand-new 2025 asphalt shingle roof, newer boilers and water heaters, stainless appliances, and plank flooring. Added amenities include in-unit laundry hookups. Ideally located near the Commuter Rail, I-495, Routes 28 & 114, medical offices, downtown, shopping, and restaurants. With strong rental demand and major improvements, this property offers both stability and upside—an excellent opportunity in one of Lawrence’s most vibrant neighborhoods.

    Zillow last checked: 8 hours ago

    Listing updated: November 11, 2025 at 06:15am

    Listed by:

    Michael Alvarez,

    Alvarez Real Estate Group LLC

    Bought with:

    Michael Alvarez

    Alvarez Real Estate Group LLC

    Source: MLS PIN,MLS#: 73429257

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 17
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Gas Dryer Hookup, Washer Hookup
    Features
    • Living Room, Dining Room, Kitchen, Laundry Room, Loft
    • Flooring: Other
    • Basement: Full,Interior Entry,Bulkhead,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 5,708
    • Total interior livable area: 5,708 sqft
    • Finished area above ground: 5,708

    Property

    Parking
    • Total spaces: 8
    • Parking features: Off Street, Tandem
    Features
    • Patio & porch: Porch
    • Exterior features: Rain Gutters, Garden
    • Fencing: Fenced
    Lot
    • Size: 7,840 sqft
    • Features: Other
    Details
    • Parcel number: 4202649
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 4 Family
    Materials
    • Foundation: Block
    • Roof: Shingle,Rubber
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Gas Dryer, Washer Hookup

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Pool, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, Other
    Location
    • Region: Lawrence

    HOA & financial

    Other financial information
    • Total actual rent: 7700