50 Chickering St Lawrence — Photo 1 of 21
$549,900
Investment Analysis — 50 Chickering St
Lawrence, MA 01843 — Colonial Heights
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01843 carries an estimated $2,870/mo in gross rent — about a 4.05% cap rate and $22,283/yr in estimated NOI at the $549,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,366
Style
Single Family
Built
1951
Presenting a comprehensively remodeled single-family residence, this 1951 property at 50 Chickering St, Lawrence, MA, offers 1,366 square feet of thoughtfully updated living space designed for contemporary comfort. The kitchen combines style and functionality with matching black appliances and a central island, providing additional workspace and a natural gathering point. The inviting living room is centered around a fireplace, adding warmth and character to the home. Offering three bedrooms and an additional versatile bonus bedroom highlighted by abundant natural light and high ceilings, creating a bright and spacious feel with flexibility for a home office, guest room, or additional living space. A convenient laundry room further enhances everyday functionality. Outside, enjoy a private yard and dedicated outdoor living space ideal for relaxing, entertaining, or creating your own backyard retreat. With extensive renovations, flexible living spaces, and desirable indoor and outdoor features, this home offers an excellent opportunity to make it your own. Property is being sold in "AS IS" condition.
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: 683 sq ft (the lesser of 900 sq ft or half the 1,366 sq ft principal dwelling). Lot size: 7,800 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 • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Vinyl, Kitchen Island, Breakfast Bar / Nook
Master Bedroom
Lvl FirstFlooring - Stone/Ceramic Tile
Listing Agent: Tatiana Cabassa
Listing Office: Keller Williams Realty
MLS® Number: 73564100
