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16 Days on Jacob Realty
5
$599,900
Total Beds: 6 Total Baths: 3
Total Units: 3 SQFT: 3135
LOT size: 0.04 Acres
61-63 Kingston St
Lawrence, MA 01843
View Map

Property Description

Cash buyer’s dream deal! This 3-family offers strong long-term upside and solid mechanical updates, making it an excellent opportunity for the savvy investor. Property must be sold to a cash buyer due to a first-floor life-estate tenant, allowing the next owner to secure a value-add asset at a favorable entry point. All three heating systems and hot water tanks were replaced in 2019, and electrical service was updated to 100 amps per unit in 2025, reducing major upfront expenses. The second and third floors are vacant offering straightforward potential to reconfigure into 3-bedroom layouts to increase future income. Recently subdivided from 59 Kingston Street—sale includes only the 3-decker at 61–63 Kingston. While off-street parking is not included, the area provides ample on-street parking. A strategic investment with meaningful upside once fully repositioned. Book your private showing now!

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Medical Facility, Park, Public Transportation, Shopping
  • Basement Features: Full
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Dryer, for Gas Range
  • 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: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Other (See Remarks), Plywood, Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73461771
  • Last Updated: 12/16/25

Mortgage Calculator

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Map

Seller's Representative: Jose Frias, Realty ONE Group Nest
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 2025-12-16 03:30:00

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