3 Oakwood Ave Lawrence — Photo 1 of 32
$580,000
Investment Analysis — 3 Oakwood Ave
Lawrence, MA 01841 — North Lawrence
Based on rent reported on the MLS listing, a 2-unit multi-family in 01841 carries $3,550/mo in gross rent — about a 4.69% cap rate and $27,181/yr in estimated NOI at the $580,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,856
Style
2 Family - 2 Units Up/Down
Built
1900
Welcome to this 2-family home in the desirable Prospect Hill neighborhood, offering a great opportunity for investors, owner-occupants, or multi-generational living. Featuring two up-and-down units with a total of 4 bedrooms and 2 full baths, the property offers hardwood floors, ceramic-tiled baths, and functional layouts. Both units include enclosed porches, and the second-floor unit features a separate breakfast area. Additional highlights include gas heat, common basement laundry, basement and attic storage, a private backyard with storage shed, 2-car detached garage, and ample off-street parking. Recent improvements include new vinyl siding completed in August 2026 and an electrical update approximately 2 years ago. The roof is approximately 10 years old. Convenient to Routes 495 and 93, local amenities, and tax-free New Hampshire shopping. OPEN HOUSE, MONDAY, 9/12 1-2pm.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Property Details
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Interior Specifications
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Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
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Listing Agent: Jennifer Mason
Listing Office: Coldwell Banker Realty - Andovers/Readings Regional
MLS® Number: 73571800
