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!
| Units | 2 |
| Living area | 2,334 sqft |
| Lot size | 9,600 sqft |
| Year built | 1969 |
| Price / sqft | $364 |
| County | Essex |
| MLS # | 73563107 |
| Days on market | 33 days |
| Listed on | August 13, 2026 |
| Annual property tax | $4,944 |
| Tax year | 2026 |
| Assessed value | $572,200 |
| Zoning | R-3 |
| Total actual rent | $0/mo |
| Stories | 2 |
| Total rooms | 12 |
| Lot size | 0.22 acres |
| Garage spaces | 0 |
| Parking spaces | 15 |
| Parking | Paved Drive, Off Street |
| Basement | Partial, Walk-Out Access |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile |
| Heating | Baseboard, Natural Gas |
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Oven |
| Appliances | Range, Refrigerator |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 2,334 sqft of living area, built in 1969.
28 Exchange St, Lawrence MA 01841 has been listed for 33 days (since August 13, 2026).
At a list price of $849,900 across 2 units, that works out to roughly $424,950 per unit.
Annual property taxes are $4,944 (2026), on an assessed value of $572,200.
At $849,900 for 2,334 sqft, that's about $364 per square foot.
15 total parking spaces (paved drive, off street).
28 Exchange St, Lawrence MA 01841 is in Lawrence, Essex County, MA 01841.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.