159 S Union St - 159-167 S Union St 9 Unit Apartment Building Offered at $2,100,000 at a 8.46% Cap Rate Lawrence, MA 01843

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 161-167 South Union Street in Lawrence, MA (the “Property”). The three-story building 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. 161-167 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. 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.