16 Hallenan Ave Lawrence — Photo 1 of 32
$529,900
Investment Analysis — 16 Hallenan Ave
Lawrence, MA 01841 — North Lawrence
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 6-bedroom in 01841 carries an estimated $2,660/mo in gross rent — about a 3.69% cap rate and $19,555/yr in estimated NOI at the $529,900 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2
SqFt
2,397
Style
Single Family
Built
1930
Welcome to 16 Hallenan Ave, a home filled with character, creativity, and years of special memories.For the current owners, this home has been the backdrop to countless moments together. As artists who enjoy drawing and creating, they have appreciated the home's unique character and personality, along with the abundance of storage spaces found throughout.Their favorite space? The bright and inviting sunroom. Filled with natural light, it has become a special place to draw, unwind, enjoy a morning coffee, or simply slow down and enjoy the space.Throughout the home, you'll discover rooms with their own charm and versatility, along with plenty of storage for everyday living. It's a home that has been enjoyed, lived in, and filled with creativity.Now, the owners are ready to pass along a place that has meant so much to them and allow 16 Hallenan Ave to begin its next chapter. Experience the character, natural light, storage, and charm that make this home one you'll want to see in person.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,397 sq ft principal dwelling). Lot size: 5,386 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Wainscoting
Dining Room
Lvl FirstFlooring - Wood, Wainscoting, Crown Molding
Kitchen
Lvl FirstFlooring - Wood, Wainscoting
Master Bedroom
Lvl SecondFlooring - Wood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wood
Bedroom 4
Lvl SecondFlooring - Wood
Bedroom 5
Lvl FirstFlooring - Wood
Bathroom 1
Lvl FirstBathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
Listing Agent: The Cornerstone Group
Listing Office: Team Zingales Realty, LLC
MLS® Number: 73565874
