176-178 Bailey Street, Lawrence, MA 01843

Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
176-178 Bailey Street,Lawrence, MA 01843
$1,250,000
  • 17 Beds
  • 5 Baths
  • 5,708 sq. ft.
  • Multi-family
  • Active
Listed by:michael alvarez
Office:alvarez real estate group llc
MLS#:73429257
Source:MLSPIN

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$218.99

About this home

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.

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Home facts

  • Year built:1900
  • Listing ID #:73429257
  • Updated:September 20, 2025 at 10:27 AM

Rooms and interior

  • Bedrooms:17
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:5,708 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard, Natural Gas

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1900
  • Building area:5,708 sq. ft.
  • Lot area:0.18 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$218.99
  • Tax amount:$7,402 (2025)
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.

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