SoldNov 10, 2025

Listed and Bought with Michael Alvarez from Alvarez Real Estate Group LLC

Source: MLS Property Information Network Inc #73429257

176 Bailey Street, Lawrence, MA, 01843

$1,200,000

17
5
8
5708 sq. ft.
7840 sq. ft.

Other

24 days on the market

Sold: Nov 10, 2025

What's around 176 Bailey Street

About this property

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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