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$715,000
Total Beds: 7 Total Baths: 2
Total Units: 2 SQFT: 2000
LOT size: 0.05 Acres
82 Water St
Lawrence, MA 01841
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Property Description

Don't miss this fantastic opportunity to own a well-maintained two-family home in the heart of Lawrence. The first unit features a large three-bedroom layout with generous living and dining areas, hardwood floors, and an updated kitchen—perfect for owner-occupants or rental income. Both units offer updated kitchen cabinets with granite counter tops and updates throughout. The second unit features a large four-bedroom layout with similar features to the first unit. Fully remodeled in 2024, the building also features a new roof, York boilers and central air. Conveniently located near schools, shopping, and major highways. Great investment or multi-generational living opportunity.

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 7
  • Total Full Baths: 2
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 69120
  • Gross Expenses: 7172
  • Electric Expenses: 300
  • INSC: 4272
  • Miscellaneous Expense: 2600
  • Net Operating Income: 61948

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1915
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73447672
  • Last Updated: 10/29/25

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Map

Seller's Representative: Patrick Wheeler, Northeast Private Client Group, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2025-10-29 12:53:00

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