176-178 Bailey Street new Save Request In-Person Tour Request Virtual Tour
Lawrence,MA 01843
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,708 sqft
Price per Sqft $218
MLS Listing ID 73429257
Bedrooms 17
Full Baths 5
Year Built 1900
Annual Tax Amount $7,402
Tax Year 2025
Lot Size 7,840 Sqft
Property Sub-Type 4 Family
Property Description
Pleased to present 176–178 Bailey Street, a substantial 4-unit multifamily in Lawrence's Southside neighborhood. The property features three (3) 4-bed/1-bath units and one (1) 5-bed/2-bath loft-style unit, totaling 5,708± sq. ft. of living area and 8,980± sq. ft. gross area on a 0.18-acre lot with off-street parking. Each unit is separately metered for electric, heat, and hot water; landlord responsible for common electric and domestic water/sewer. Recent updates include a brand-new 2025 asphalt shingle roof, newer boilers and water heaters, stainless appliances, and plank flooring. Added amenities include in-unit laundry hookups. Ideally located near the Commuter Rail, I-495, Routes 28 & 114, medical offices, downtown, shopping, and restaurants. With strong rental demand and major improvements, this property offers both stability and upside—an excellent opportunity in one of Lawrence's most vibrant neighborhoods.
Location
State MA
County Essex
Area South Lawrence
Zoning R3
Interior
Heating Baseboard,Natural Gas
Cooling Window Unit(s)
Flooring Other
Laundry Gas Dryer Hookup,Washer Hookup
Exterior
Exterior Feature Rain Gutters,Garden
Fence Fenced
Community Features Public Transportation,Shopping,Pool,Park,Medical Facility,Laundromat,Highway Access,Private School,Public School,T-Station,Other
Utilities Available for Gas Range,for Gas Dryer,Washer Hookup
Roof Type Shingle,Rubber
Building
Lot Description Other
Story 5
Foundation Block
Sewer Public Sewer
Water Public