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Back 176 Bailey Street
Off Market

176 Bailey Street

Lawrence MA 01843

17
5
8
5708 sq. ft.
7840 sq. ft.
Other
Last sold for $1,200,000
Michael AlvarezMichael Alvarez, last sold this property on 10 November 2025 after 60 days on market.

Overview

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.

Features

17 bedrooms
5 bathrooms
8 carspaces
5708 sq. ft. floor area
7840 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 17 bedroom other properties sold in Lawrence over the last 12 months.

Property history for 176 Bailey Street

2025
Sold
$1,200,000
10 Nov 2025 by Michael Alvarez, of Alvarez Real Estate Group LLC
2016
Sold
$430,000
19 Dec 2016 by Alberto Nunez, of Coco, Early & Associates
1993
Sold
$83,000
22 Dec 1993 by Margaret OConnor, of Century 21 Mclennan & Company

Happy sellers in Lawrence

100%
100% of sellers in Lawrence reported that their sale price either exceeded or met their price expectations.

Lawrence stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Lawrence over the last 12 months.

Local market activity for 17 bedroom other properties in Lawrence

Nearby agents

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Jose Martinez

Sellers who recommend Jose Martinez have praised them for being local expert, clear communication, supportive, responsive, reliable, patient, and honest

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Jose Frias

Sellers who recommend Jose Frias have praised them for being supportive, local expert, clear communication, responsive, dedicated, detail-oriented, and great negotiation

  •   5   (80 reviews)
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Jamie Adames

Jamie Adames is a recommended agent for Lawrence.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (21 reviews)
  •  1 Review in Lawrence
  •  1 Sale in Lawrence
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DIANE AMATO

DIANE AMATO is a recommended agent for Lawrence.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (5 reviews)
  •  1 Review in Lawrence
  •  1 Sale in Lawrence
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