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151-153 Bailey St 151-153 Bailey St 6 Unit Apartment Building $1,725,000 ($287,500/Unit) 8.43% Cap Rate Lawrence, MA 01843

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Investment Highlights

  • Transportation & Connectivity
  • Prime Merrimack Valley Location
  • Strong Rental Demographics & Demand
  • Area Amenities & Demand Drivers
  • Separately Metered Utilities
  • Quality of Life Amenities

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 151-153 Bailey Street in Lawrence, MA (the “Property”). The three-story building contains three (3) 4-Bedroom/1-Bathroom units and three (3) 3-Bedroom/1 Bathroom units with 7,841 square feet of gross living area in 11,912 square feet of gross area. The Property is situated upon a 0.11-acre parcel and offers on-street parking. 151-153 Bailey 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 comprised of two (2) three-unit buildings offering six (6) residential rental units in a highly walkable area with proximate retail, services, and community assets. Its location places it within walking distance of key regional transit nodes, including the Lawrence MBTA Commuter Rail station, facilitating direct connections to Boston and the surrounding metropolitan area. The site is near major thoroughfares with convenient access to I-495 and Routes 28 and 114, supporting efficient regional travel throughout the Merrimack Valley and into Greater Boston. Nearby commercial and recreational amenities, including multiple shopping plazas, parks such as Lawrence Heritage State Park, and a range of dining and service options, further enhance tenant appeal and livability in this dynamic, transit-oriented urban environment.

Property Facts

Price $1,725,000
Price Per Unit $287,500
Sale Type Investment
Cap Rate 8.43%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.11 AC
Building Size 11,912 SF
No. Stories 3
Year Built 1900
Opportunity Zone Yes
Zoning Commercial
Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
LAWR-000081-000000-000019
Land Assessment
$102,100
Improvements Assessment
$709,300
Total Assessment
$811,400
  • Listing ID: 39354145

  • Date on Market: 2/6/2026

  • Last Updated:

  • Address: 151-153 Bailey St, Lawrence, MA 01843

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