350 S Broadway Lawrence — Photo 1 of 35
$1,099,000
Investment Analysis — 350 S Broadway
Lawrence, MA 01843
Based on rent reported on the MLS listing, a 4-unit multi-family in 01843 carries $8,675/mo in gross rent — about a 6.51% cap rate and $71,549/yr in estimated NOI at the $1,099,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
5
SqFt
4,052
Style
4 Family
Built
1880
Four-family, built 1880, 21,950 SF lot (approx. 0.5 acre), seven off-street spaces. Public record reflects five units; City of Lawrence reflects four built and occupied - the fifth was never completed. Positioned on South Broadway, one of the city's principal arteries. An additional foundation is in place, ready for expansion, and basement & attic space is unfinished, offering expansion potential subject to municipal approval. Rent roll (per seller): U1 3BR $2,600; U2 2BR $2,350; U3 2BR $1,950; U4 1BR $1,775; gross monthly $8,675, gross annual $104,100. Gas steam, municipal water and sewer. Units occupied, showings by appointment only,
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Laundromat • Highway Access • Public School • Sidewalks
Geography
Property History
$1,099,000
Jun 30, 2026
MLS® 73543368
$1,775
Jan 22, 2025
MLS® 73313062
$1,775
Nov 15, 2024
MLS® 73313062
Listing Agent: Creatini Group
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73543368
