$3,150,000
82 S Broadway
Lawrence, MA, 01843
This 41-unit mixed-use building consists of (3) commercial units totaling 5900 SF and (38) SRO (single room occupancy) units across 11,800 SF. The property sits on 0.16 acres with 17,706 SF of living area in 24,502 gross square feet. This asset is well-maintained, featuring a new roof, a new heating system, and a state-of-the-art security system. All upgrades to the building have been completed in the past 3 years. The property is well-positioned on the south side of Lawrence and provides direct access to Boston via Interstates 93 and 495, MA Route 28, and The Lawrence Train Station with service on the MBTA’s Haverhill Line (0.6 miles). The property is walkable to local retail establishments, grocery stores, and parks. The cap rate upon acquisition is 9.30%. Seller will consider other property in trade to help accommodate a 1031 exchange.
Property Details
Price:
$3,150,000
MLS #:
73454121
Status:
Active
Beds:
38
Baths:
7
Type:
Multi Family
Subtype:
5+ Family – Rooming House
Listed Date:
Nov 12, 2025
Finished Sq Ft:
17,706
Total Sq Ft:
17,706
Lot Size:
6,995 sqft / 0.16 acres (approx)
Year Built:
1900
Units:
41
Schools
Interior
Above Grade Finished Area
17706
Bathrooms
7 Full Bathrooms
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Public School, T-Station
Construction Materials
Brick
Lot Features
Level
Open Parking YN
1
Roof
Rubber
Stories
3
Financial
Tax Year
2025
Taxes
$26,240
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Lawrence as of May 04, 2026
38
Multi Family Listed
173
Avg DOM
254
Avg $ / SqFt
$887,831
Avg List Price
Community
- Address82 S Broadway Lawrence MA
- CityLawrence
- CountyEssex
- Zip Code01843
Subdivisions in Lawrence
Similar Listings Nearby
Property Summary
- 82 S Broadway Lawrence MA is a Multi Family for sale in Lawrence, MA, 01843. It is listed for $3,150,000 To schedule a showing of MLS#73454121 at 82 S Broadway in Lawrence, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Marcus & Millichap Real Estate Investment Services. The property listing data and information 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 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 set forth herein.
82 S Broadway
Lawrence, MA