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10 Days on Jacob Realty
14
$1,975,000
Total Beds: 21 Total Baths: 7
Total Units: 9 SQFT: 11280
LOT size: 0.16 Acres
159 S Union Street
Lawrence, MA 01843
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Property Description

159 S Union St contains nine (9) total units, comprised of seven (7), 3-Bedroom/1-Bathroom units and two street-level commercial units with 11,280 square feet of gross living area in 15,000 square feet of gross area. Both commercial units are occupied by Hayes Tavern, who recently signed a brand-new lease. The Property is situated on a 0.16-acre parcel and features seven (7) off-street parking spaces. The Property is separately metered for gas powered heat & hot water, as well as individually metered electricity, which tenants pay directly. The Landlord is responsible for providing domestic water and sewer, which they pay directly. 159 South Union Street is strategically located in South Lawrence, providing strong urban visibility within a well-established neighborhood and convenient access to local amenities. The Property is situated in a highly walkable area with numerous retailers, services, and community amenities.

Property Details

Building Information

  • Total Units: 9
  • Total Floors: 5
  • Total Bedrooms: 21
  • Total Full Baths: 7
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, Tennis Court, University, Walk/Jog Trails

Financial

  • APOD Available: No
  • Gross Operating Income: 232800
  • Gross Expenses: 51771
  • Net Operating Income: 181029

Utilities

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

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

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

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1930
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73534642
  • Last Updated: 06/15/26

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Map

Seller's Representative: Spencer Norton, Horvath & Tremblay
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 2026-06-15 03:05:00