82 S Broadway, Lawrence, MA 01843

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
82 S Broadway,Lawrence, MA 01843
$3,200,000
  • 38 Beds
  • 7 Baths
  • 17,706 sq. ft.
  • Multi-family
  • Active
Listed by:bradford carlson
Office:new england realty advisors llc
MLS#:73420964
Source:MLSPIN

Price summary

  • Price:$3,200,000
  • Price per sq. ft.:$180.73

About this home

This 41-unit mixed-use building consists of (3) commercial units and (38) SRO (single room occupancy) units. 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, eateries, 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.

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Home facts

  • Year built:1900
  • Listing ID #:73420964
  • Updated:October 16, 2025 at 10:41 AM

Rooms and interior

  • Bedrooms:38
  • Total bathrooms:7
  • Full bathrooms:4
  • Half bathrooms:3
  • Living area:17,706 sq. ft.

Structure and exterior

  • Roof:Rubber
  • Year built:1900
  • Building area:17,706 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,200,000
  • Price per sq. ft.:$180.73
  • Tax amount:$26,240 (2025)
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