48 Washington St Lawrence — Photo 1 of 38
$699,900
Investment Analysis — 48 Washington St
Lawrence, MA 01841
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01841 carries an estimated $4,020/mo in gross rent — about a 4.73% cap rate and $33,097/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,464
Style
Multi Family
Built
1900
Welcome to 48 Washington St., a charming two-family home offering a great opportunity for both owner-occupants and investors. This property features a total of 4 bedrooms and 2 full bathrooms, with comfortable living space across both units. Enjoy a spacious driveway with parking for up to 6 vehicles, a backyard perfect for outdoor gatherings, and a full basement with interior and walk-out access offering additional storage and future possibilities.Whether you're looking to live in one unit while generating rental income from the other or add another multi-family property to your investment portfolio, this home offers flexibility and strong potential. Conveniently located in Lawrence with easy access to shopping, schools, public transportation, and major routes. Don't miss the opportunity to make this two-family home yours.
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Daptfanim Martinez
Listing Office: Liriano Realty
MLS® Number: 73567213
