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$1,225,000
Total Beds: 9 Total Baths: 9
Total Units: 9 SQFT: 4172
LOT size: 0.42 Acres
499 Haverhill St
Lawrence, MA 01841
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Property Description

Welcome to an exceptional investment opportunity in the City of Lawrence. This 9-unit property features a desirable unit mix of three one-bedroom units and six studio units, offering strong income potential. The property provides ample parking with at least one space per unit, as well as a garage. A large basement offers additional storage space for tenants. Two units are currently vacant, presenting an immediate opportunity for the new owner to select their own tenants or adjust rents to market value. The property also offers two generous side yards, giving tenants outdoor space to enjoy. Additional features include a newly built side deck, coin-operated washer and dryer available for tenant use, a welcoming front porch, and a good-sized lot. Conveniently located near restaurants, shops, supermarkets, parks, and with easy access to major highways including Route 93, this property is well positioned for both tenants and investors.

Property Details

Building Information

  • Total Units: 9
  • Total Floors: 5
  • Total Bedrooms: 9
  • Total Full Baths: 9
  • Amenities: Highway Access, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 103200
  • Gross Expenses: 24321
  • Electric Expenses: 1500
  • Water/Sewer: 5100
  • INSC: 5089
  • Repairs & Maintenance: 2250
  • Net Operating Income: 78879

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Electric, Heat, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 5-9 Family
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73482489
  • Last Updated: 03/04/26

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Map

Seller's Representative: Matheus Goncalves, Mega Realty Services
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 2026-03-04 13:15:00