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$1,500,000
Total Beds: 12 Total Baths: 6
Total Units: 6 SQFT: 5576
LOT size: 0.13 Acres
10 Kempton Ct
Lawrence, MA 01841
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Property Description

Exceptional investment opportunity in the heart of Lawrence! Situated on a quiet dead-end street, this well-maintained 6-unit multifamily offers strong cash flow and long-term upside. All six units feature 2 bedrooms, making them highly desirable for tenants. Tenants pay their own utilities, helping keep owner expenses low and maximizing returns. The property has been thoughtfully maintained, with a newer roof approximately 8 years old and updated water heaters installed in 2018, 2019, 2020, 2020, 2023, and 2025. A state-of-the-art sprinkler system is already in place, providing added safety and peace of mind. Additional highlights include a clean basement, ample parking with both front and side lots, and deleading certificates on file. Conveniently located near shopping, restaurants, public transportation, and major highways, this turnkey asset is ideal for both seasoned investors and those looking to expand their portfolio.

Property Details

Building Information

  • Total Units: 6
  • Total Floors: 3
  • Total Bedrooms: 12
  • Total Full Baths: 6
  • Amenities: Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated
  • Gross Operating Income: 104400
  • Net Operating Income: 104400

Utilities

  • Heat Zones: 6
  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water

Construction

  • Year Built: 1920
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Laminate, Vinyl
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73530723
  • Last Updated: 06/08/26
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Miguel Feliz, Coldwell Banker Realty - Andovers/Readings Regional
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 2026-06-08 03:05:00