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172-174 Park St, Lawrence, MA 01841

Lawrence
Local realty services provided by:CENTURY 21 Signature Properties
172-174 Park St,Lawrence, MA 01841
$1,249,000
  • 12 Beds
  • 4 Baths
  • 5,023 sq. ft.
  • Multi-family
  • Active
Listed by: kim mulligan, kim mulligan
Office: realty direct somerville
MLS#:73555467
Source:MLSPIN

Price summary

  • Price:$1,249,000
  • Price per sq. ft.:$248.66

About this home

Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5room/3-bedroom apartments, with the owner’s unit to be delivered vacant at closing—a rare opportunity to move right in or lease at market rent. Extensively updated through 2010, the property features a full building sprinkler system, separately metered gas and electric utilities, replacement windows, and low-maintenance vinyl siding. Additional amenities include coin-operated laundry, dedicated tenant storage, a one-car garage with 8+ more off-street parking spots, storage shed, fenced yard with fruit trees & garden area. Strong in-place rental income with all three currently tenanted units being Tenants At Will. Plenty of flexibility for future occupancy or rental adjustments. This is an excellent opportunity for both owner-occupants and investors seeking a well-maintained income property.

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Home facts

  • Year built:1910
  • Listing ID #:73555467
  • Updated:October 29, 2026 at 11:35 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:22
  • Kitchen Description:Microwave, Range, Refrigerator
  • Living area:5,023 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Steam

Structure and exterior

  • Roof:Rubber
  • Year built:1910
  • Building area:5,023 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Level
  • Exterior Features:Fruit Trees, Garden, Porch, Sprinkler System
  • Foundation Description:Concrete Perimeter, Stone

Schools

  • High school:Lawrence High School
  • Middle school:Arlington Middle School
  • Elementary school:John K. Tarbox School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,249,000
  • Price per sq. ft.:$248.66
  • Tax amount:$7,404 (2026)

Features and amenities

  • Appliances:Microwave, Range, Refrigerator

Parking

  • Total parking spaces:11
  • Parking description:Off Street, Paved, Paved Drive
  • Garage:Yes
  • Garage spaces:1
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein. MLSPIN Member Broker: Michael Russell

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