215 Spring Street

Located in a highly sought-after area of Lawrence, surrounded by a wave of new construction and redevelopment, this property presents a rare and valuable opportunity for investors, builders, or end users looking to create their ideal home. Set on a generously sized lot, larger than many in the area, this property offers added flexibility for expansion or new development. The existing structure has sustained significant fire damage to the first floor and requires a full gut renovation. The upper levels remain in relatively decent condition; however, the property is being sold as-is and is best suited for a complete renovation, expansion, or new construction. Previously configured as a two-family residence, the home features two full kitchens, separate gas and electric meters, and a full finished basement with a private entrance—offering strong potential for multi-unit redevelopment or customization. Whether you choose to restore and expand the current structure or build a brand-new home from the ground up, this property offers exceptional upside in a rapidly developing neighborhood. Don’t miss this chance to invest in a prime location with significant growth potential.