Turn-key investment opportunity at 142-144 Chester St, Lawrence! This 4-unit multi-family property features 6 bedrooms, 4 bathrooms, and 4 additional income-generating spaces, bringing in over $13,200 in monthly rents. Completely equipped for steady cash flow, this property includes 8 parking spaces, solar panels to reduce electricity costs ($90/month lease), and recent upgrades to electrical systems and plumbing. The unfinished attic provides potential for an additional unit. Long-term tenants (10+ years) ensure stability, and the property’s prime location is close to major roadways, schools, shopping, and amenities. With separately metered gas, and low monthly maintenance, this property is an ideal investment for seasoned investors or owner-occupants looking to maximize ROI. Don’t miss your chance to own a high-performing income-generating property in a desirable location. Open House: Friday 5-6:30 PM and Saturday 12-2 PM. Offers due by Monday 27 at 5:00pm.
This listing has been viewed 26 times in the past 13 days
Last Updated: January 28th, 2025 at 6:23am
Walk/jog Trails
Highway Access
House Of Worship
Public School
Shopping
Park
Laundromat
Public Transportation
Private School
General Information for 142-144 Chester St, Lawrence, Massachusetts 01843
Property TypeResidential Income
Property Sub TypeMulti Family
Price$999,900
Price per sqft$396.16
MLS #73328522
Handicap Access / FeaturesNo
List Date2025-01-22
Special Listing Conditions
StateMassachusetts
Street NameChester St
CityLawrence
Zip Code01843
CountyEssex
MLS Status
Covered Parking Spaces2
Heating Y/NNo
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total2524
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces2
Listing Service
UnparsedAddress142-144 Chester St, Lawrence MA 01843
Zoning
Interior Features for 142-144 Chester St, Lawrence, Massachusetts 01843
* Approx. Living Area Total2,524 sq ft
Living Area Includes BasementNo
Bedrooms6
* # Fireplaces0
Bathrooms (Total)4
Full Baths4
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door Features
ElectricNo
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_11
MLSPIN_BEDRMS_22
MLSPIN_BEDRMS_31
MLSPIN_BEDRMS_42
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_41
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_40
OffMarketDate
Exterior Features for 142-144 Chester St, Lawrence, Massachusetts 01843
* Approximate Lot Size0.17 acres
Covered Parking Spaces2
Lot FeaturesLevel
* Parking Spaces8
* Sewer Utilities
* Water Utilities
* Year Built1923
Year Built Details
Year Built SourcePublic Records
Construction Materials
Exterior Features
Foundation Area0
Foundation MaterialsBlock
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)7,500 Sqft
Disclosures for 142-144 Chester St, Lawrence, Massachusetts 01843
Buyer Agent Compensation
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 142-144 Chester St, Lawrence, Massachusetts 01843
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$0
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_41
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT10
MLSPIN_RENT20
MLSPIN_RENT30
MLSPIN_RENT40
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$0
OperatingExpense$0
OriginalListPrice$999,900
RENT_FEE_INCLUDES
TOTAL_RENT0
WaterSewerExpense$0
Lifestyle Information for 142-144 Chester St, Lawrence, Massachusetts 01843
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 142-144 Chester St, Lawrence, Massachusetts 01843
Elementary School
Middle School
High School
NumberOfUnitsTotal4
Marketing History for 142-144 Chester St, Lawrence, Massachusetts 01843
MLSPIN_MARKET_TIME_BROKER5
MLSPIN_MARKET_TIME_PROPERTY5
PurchaseContractDate
Agent Information for 142-144 Chester St, Lawrence, Massachusetts 01843