3 Oakwood Ave, Lawrence MA 01841
Lawrence, MA 01841 • North Lawrence
$580,000
Est. $3,566/month
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About this home
Welcome to this 2-family home in the desirable Prospect Hill neighborhood, offering a great opportunity for investors, owner-occupants, or multi-generational living. Featuring two up-and-down units with a total of 4 bedrooms and 2 full baths, the property offers hardwood floors, ceramic-tiled baths, and functional layouts. Both units include enclosed porches, and the second-floor unit features a separate breakfast area. Additional highlights include gas heat, common basement laundry, basement and attic storage, a private backyard with storage shed, 2-car detached garage, and ample off-street parking. Recent improvements include new vinyl siding completed in August 2026 and an electrical update approximately 2 years ago. The roof is approximately 10 years old. Sold with tenants in place through June 30, 2027, offering immediate rental income. Convenient to Routes 495 and 93, local amenities, and tax-free New Hampshire shopping. 24-hour notice required for showings.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 3, 2026
$580,000
Original listing
Agent: Jennifer Mason
Office: Coldwell Banker Realty - Andovers/Readings Regional
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/03/2026 | 🏠 Listed for Sale | $580,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $5,195 | $601,330 |
Financial Details
Annual Property Tax
$5,195
Tax Year 2026
Assessed Value
$601,330
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1900
Living Area
1,856 sq ft
Lot Size
0.14 acres
Stories
3
Bedrooms
4
Full Baths
2
Total Rooms
10
Investment Metrics
Units
2
Unit 1 Rent
$1,750/mo · Y
Unit 2 Rent
$1,800/mo · Y
Total Monthly Rent
$3,550/mo
Gross Income
$42,600
Net Operating Income
$42,600
Operating Expenses
$900
Water/Sewer Expense
$900
Cap Rate
7.34%
Interior
Heating
Steam, Natural Gas
Cooling
Window Unit(s)
Flooring
Wood, Tile, Vinyl, Hardwood
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Interior Entry, Bulkhead, Sump Pump, Unfinished
Laundry
Washer Hookup
Features
Laundry Room, Bathroom With Tub & Shower, Internet Available - Unknown, Walk-up Attic, Storage, Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Enclosed
Parking
Garage Spaces
2
Has Garage
Yes
Features
Paved Drive, Off Street, Common, Paved
Total Spaces
10
Utilities
Electric
220 Volts, 200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Oven, Washer Hookup
Financial
Annual Tax
$5,195
Assessed Value
$601,330
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Disclosure: All Information Provided Is Believed To Be Reliable But Is Not Guaranteed Or Deemed Accurate. Buyer And Buyer’s Agent Are Responsible For Conducting Their Own Due Diligence And Independently Verifying All Information Regarding The Property. Some Photos Have Been Digitally Enhanced.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
Grey
Sq Ft Source
Public Record
Sq Ft Disclosures
Measurements are for marketing purposes only.
Documents
None
County
Essex
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Living Area
1,856 sq ft
Total Rooms
10
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,856 sq ft above grade
Display Options
Outdoor Areas
Patio & porchEnclosed
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Vinyl, Hardwood
Appliances:
Range, Refrigerator
Interior Features:
Laundry Room, Bathroom With Tub & Shower, Internet Available - Unknown, Walk-Up Attic, Storage, Living Room, Kitchen
Windows:
Storm Window(s), Screens
Basement:
Full, Interior Entry, Bulkhead, Sump Pump, Unfinished
Laundry:
Washer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Block
Stories:
3
Heating, Cooling & Utilities
Heating:
Steam, Natural Gas
Heating Zones:
2
Cooling:
Window Unit(s)
Hot Water:
Natural Gas, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Enclosed
Fencing:
Other Structures:
Shed(s)
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
10
Parking Features:
Paved Drive, Off Street, Common, Paved
Nearby Schools
School District
Lawrence School District local
D
Where Graduates Go
Class of 2021
36%
attend college
14%
4-Year
23%
2-Year
3%
Out of State
2%
Working
School Safety
2024-25
2.2%
Average
2.2%
Suspensions
1.1%
In-School
3.3% below state avg
Elementary Schools
3 schools
Rollins Early Childhood Center
0.4 mi
139 students
Less Diverse
Grades PK-K
C
Edward F. Parthum School
0.4 mi
|
#618 of 825
|
Score: 39.8
Improved 64 spots from last year
-18.4 below state avg
626 students
Less Diverse
Rising School
Grades K-04
F
Francis M. Leahy School
0.6 mi
|
#812 of 825
|
Score: 25.6
Improved 21 spots from last year
-32.6 below state avg
461 students
Less Diverse
Rising School
Grades PK-04
Middle Schools
3 schools
C-
Parthum Middle School
0.4 mi
|
#290 of 352
|
Score: 32.4
Dropped 12 spots from last year
-25.8 below state avg
572 students
Less Diverse
Grades 05-08
F
Oliver Middle School
0.8 mi
|
#346 of 352
|
Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
466 students
Less Diverse
Grades 05-08
Esperanza Academy
0.8 mi
Grades 05-06
High Schools
3 schools
B-
RISE Academy
0.7 mi
|
#223 of 346
|
Score: 66.7
Same rank as last year
105 students
Less Diverse
College Ready Curriculum
Grades 06-12
B
Phoenix Academy Public Charter High School, Lawrence
0.8 mi
|
#182 of 346
|
Score: 69.9
Same rank as last year
133 students
Moderate
Career Tech Programs
College Ready Curriculum
Grades 09-12
Central Catholic High School
1.1 mi
21 sports
• 2,718 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
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Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$433
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
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Current Rate
$0/mo
+0.5% Rate
$0/mo
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Payment Over Time
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
North Lawrence
3 Oakwood Ave, Lawrence MA 01841
Lawrence, MA 01841
Listing Information
Listing Agent
Jennifer Mason
Listing Office
Coldwell Banker Realty - Andovers/Readings Regional
Office Phone
978-475-2201
Agent MLS ID
CN235474
Office MLS ID
AN8827
Listing Data Updated
Sep 3, 2026 5:42 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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