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$849,900
Total Beds: 6 Total Baths: 2
Total Units: 2 SQFT: 2334
LOT size: 0.22 Acres
28 Exchange St
Lawrence, MA 01841
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Property Description

PRICE REDUCTION – NEW PRICE! Excellent opportunity for investors, developers, or owner-occupants! Constructed in 1969, this spacious duplex-style multi-family property offers approximately 2,334 sq. ft. of living space with two separate units. Each unit provides generous living accommodations, including an additional bedroom for added flexibility and functionality.Situated on a generous 9,600 sq. ft. lot, one of the property’s standout features is its 15+ parking spaces, offering exceptional convenience for residents and guests.Per the City of Lawrence, the property is located in an R-3 zoning district, providing potential for three-family use, conversion, or redevelopment, subject to applicable zoning requirements, permitting, and City approval. Buyers and buyer’s agents are encouraged to perform their own due diligence regarding zoning and development possibilities.With its single-story duplex-style configuration, ample parking, flexible living space, and potential for additional development, this property offers multiple possibilities—from rental income and multi-generational living to an owner-occupant living in one unit while renting the other.Now offered at a reduced price—don’t miss the opportunity to explore the full potential of this versatile property!

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Amenities: Public Transportation
  • Basement Features: Partial, Walk Out
  • Common Interior Features: Tile Floor
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Common Cooling: None

Financial

  • APOD Available: No

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Electric Oven
  • 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: 1
  • Levels: 1

Construction

  • Year Built: 1969
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73563107
  • Last Updated: 09/15/26

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Map

Seller's Representative: Zuleem Garcia, eXp Realty 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 2026-09-15 03:05:00