
87 Beacon Ave #2 Lawrence — Photo 1 of 20
$329,000
Investment Analysis — 87 Beacon Ave #2
Lawrence, MA 01843 — South Lawrence
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01843 carries an estimated $2,390/mo in gross rent — about a 4.96% cap rate and $16,320/yr in estimated NOI at the $329,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
929
Style
Condominium
Built
1985
This turnkey South Lawrence 2-bedroom townhouse-style condo offers a versatile layout, valuable bonus space, and an affordable option for owner-occupants and those looking to avoid rent. Located in a pet-friendly community with a budget-friendly HOA fee, this condo combines comfortable living with everyday convenience. The main level features a bright, spacious living room, a generous eat-in kitchen with direct access to a private outdoor patio, and a half bath. Upstairs, you'll find two large bedrooms with ample closet space and a full bathroom. Need more room? The partially finished lower level adds valuable living space and includes a 3/4 bathroom, making it ideal for a home office, recreation room, or additional storage. Additional highlights include in-unit laundry, assigned off-street parking, and convenient access to major highways, shopping, restaurants, parks, and other area amenities. Recent 2026 improvements include new windows, kitchen light fixtures, fresh interior paint, and more. With its flexible floor plan, private outdoor space, low-maintenance condo living, and recent updates, this move-in-ready townhouse is one you won't want to miss!
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstKitchen
Lvl FirstBathroom - Half, Exterior Access, Lighting - Overhead
Master Bedroom
Lvl SecondCloset, Flooring - Vinyl
Bedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom - Half, Closet - Linen
Bathroom 2
Lvl SecondBathroom - Full, Closet - Linen
Bathroom 3
Lvl BasementBathroom - 3/4
Listing Agent: Will Olsen
Listing Office: Coldwell Banker Realty - Haverhill
MLS® Number: 73568787
