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INVESTMENT SNAPSHOT
About this property
Owner-occupants and investors take notice! This well-maintained legal 4-family offers four spacious 5-6 room, 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 tenanted units being TAW. 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.
Property details
| Units | 4 |
| Living area | 5,023 sqft |
| Lot size | 7,000 sqft |
| Year built | 1910 |
| Price / sqft | $259 |
| County | Essex |
| MLS # | 73555467 |
Listing status
| Days on market | 10 days |
| Listed on | July 27, 2026 |
Taxes & financials
| Annual property tax | $7,404 |
| Tax year | 2026 |
| Assessed value | $857,000 |
| Zoning | B1 |
| Gross income (actual) | $105,600/yr |
| Net operating income (actual) | $105,600/yr |
| Total actual rent | $8,800/mo |
| Insurance expense | $3,200/yr |
Building & lot
| Stories | 4 |
| Total rooms | 22 |
| Lot size | 0.16 acres |
| Garage spaces | 1 |
| Parking spaces | 11 |
| Parking | Paved Drive, Off Street, Paved |
| Foundation | Concrete Perimeter, Stone |
| Roof | Rubber |
Utilities & systems
| Heating | Steam, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Microwave, Refrigerator |
Location
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 172-174 Park St, Lawrence MA 01841 have?
It is a 4-unit multi-family property with 5,023 sqft of living area, built in 1910.
How long has 172-174 Park St, Lawrence MA 01841 been on the market?
172-174 Park St, Lawrence MA 01841 has been listed for 10 days (since July 27, 2026).
What is the price per unit?
At a list price of $1,300,000 across 4 units, that works out to roughly $325,000 per unit.
What are the property taxes on 172-174 Park St, Lawrence MA 01841?
Annual property taxes are $7,404 (2026), on an assessed value of $857,000.
What is the price per square foot?
At $1,300,000 for 5,023 sqft, that's about $259 per square foot.
Is there parking?
1 garage space and 11 total parking spaces (paved drive, off street, paved).
Where is this property located?
172-174 Park St, Lawrence MA 01841 is in Lawrence, Essex County, MA 01841.
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