265 Essex Street, Lawrence MA 01840

Lawrence, MA 01840

$2,190,000

Est. $12,116/month

Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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12

Beds

6.5

Baths

7,175

Sq Ft

$305

Price/Sq Ft

0.16

Acres

1900

Year Built

5-9 Family

Type

New today

Time on Market

For Sale Listed Oct 20, 2026 • MLS# 73592783 Copied! • Updated Oct 20, 2026

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About this home

This newly renovated mixed-use property consists of 1 retail unit and 6 residential units spread across 4 floors. Tenants are responsible for their own utilities. This building was gut rehabbed in 2020 with new electrical, plumbing, heating systems, etc. The building is fully sprinklered and has coin op laundry for the tenants. The new owner has a chance to step into a stabilized asset with minimal differed maintenance in a high demand area.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠

Listed for Sale

Oct 20, 2026

$2,190,000

Original listing

Agent: Drew Kirkland Office: Northeast Private Client Group

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
10/20/2026	🏠 Listed for Sale	$2,190,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2026	$10,103	$833,600

Financial Details

Annual Property Tax

$10,103

Tax Year 2026

Assessed Value

$833,600

Facts & Features

Home Facts

Type Residential Income

Style 5-9 Family

Year Built 1900

Living Area 7,175 sq ft

Lot Size 0.16 acres

Stories 4

Bedrooms 12

Full Baths 6

Half Baths 1

Total Rooms 18

Investment Metrics

Units 7

Unit 1 Rent $2,200/mo · Y

Unit 2 Rent $2,200/mo · Y

Total Monthly Rent $4,400/mo

Gross Income $197,171

Net Operating Income $161,903

Operating Expenses $35,268

Cap Rate 7.39%

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $10,103

Assessed Value $833,600

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Lead Paint None

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type []

Sq Ft Source Appraiser

Documents None

County Essex

Property Overview

Property Type

5-9 Family

Listing Type

For Sale

Year Built

1900

Bedrooms

12

Full Bathrooms

6

Half Bathrooms

1

Living Area

7,175 sq ft

Total Rooms

18

Stories

4

Levels

4

Floor Layout

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials:

Roof:

Foundation: Stone

Stories: 4

Utilities & Systems

Heating:

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Other

Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment

$0

Principal, interest, taxes & insurance

Loan Amount

$0

After down payment

Total Interest

$0

Over life of loan

Total Cost

$0

Including down payment

Home Price

Down Payment

%

Down: $0

Interest Rate

%

Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $842

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

Rate Impact

-0.5% Rate

$0/mo

Save $0/mo

Current Rate

$0/mo

+0.5% Rate

$0/mo

Cost $0/mo

Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

265 Essex Street, Lawrence MA 01840

Lawrence, MA 01840

Listing Information

Listing Agent Drew Kirkland

Listing Office Northeast Private Client Group

Office Phone 857-990-6800

Agent MLS ID CN257279

Office MLS ID AN8574

Listing Data Updated Oct 20, 2026 10:22 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate

BMN Boston Powered by SERHANT

mail@steve-novak.com

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