172-174 Park St Lawrence, MA ^$ 1,249,000

172-174 Park St

^$ 1,249,000

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172-174 Park St

Lawrence, MA, 01841

^$ 1,249,000

Bedrooms12 Baths4.0 Sq 5,023

Monthly Estimate*

^$ 7,886

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Multi-Family Home for sale in Lawrence, MA

for $1,249,000 with 12 bedrooms and 4 full baths. This 5,023 square foot home was built in 1910 on a lot size of 0.16.

Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5room/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 currently tenanted units being Tenants At Will. 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.

Multi-Family Active

Price

^$ 1,249,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,404

Style

4 Family

Lot Size

0.16

Year Built

1910

Town/City

Lawrence

County/Region

Essex

MLS | Web ID

73555467

List By

Kim Mulligan

Listing Agent

Realty Direct Somerville

Broker

Affordability Calculator

$8,503

Per Month

Monthly Principal & Interest: $7,886
Monthly Property Taxes: $617
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Multi-family listings in Lawrence, MA

Average List Price ^$834,664

Percent of Sale Price 33%

About Lawrence, MA

81,636 Population

13% Since 2002

^$37,342 Median Income

34 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
9/20/2026	$1,249,000	-3.92%	Price Down
7/27/2026	$1,300,000		Listed Price

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172-174 Park St, Lawrence, MA, 01841 is a Multi-Family Home for sale at $1,249,000 with 5,023 sqft and a lot size of 0.16. 172-174 Park St has 12 bedrooms, 4.0 baths, and was built in 1910. The property's zip code is 01841 which is in Lawrence, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 10/4/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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172-174 Park St

Multi-Family Home for sale in Lawrence, MA

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