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439-443 Riverside Dr, Lawrence MA 01841 – 18 bed 6 bath For Sale – 73358630

$ 1,299,000
439-443 Riverside Dr, Lawrence MA 01841,

Overview

  • Updated On:
  • May 22, 2025
  • listingid
  • 73358630
  • 18 Bedrooms
  • 6 Bathrooms
  • 0 Garage Spaces
  • 8 Non-Garage Parking Spaces
  • 1920

Description

Don’t miss this rare opportunity to own a well-performing six-family property in a desirable location near the Methuen line, offered at $1,299,000. Each of the six spacious units features 3 bedrooms and 1 full bath, appealing to quality tenants. Three units have been updated within the past two years, adding value and rental upside.Tenants pay their own utilities, keeping owner expenses low and maximizing cash flow. The property also offers approximately 8 off-street parking spaces, a major perk in this area. Conveniently located near shopping, dining, and major highways, this turnkey property delivers both strong rental income and long-term investment potential.

This property is listed by Olivares Molina TEAM from Realty One Group Nest

Property Listing Details

Overview

MLS Status
Price $ 1,299,000
Living Area 7,520.00 ft2
Bedrooms 18
Total Rooms 30
Listing MLS ID 73358630
Days on Market 41
Bathrooms 6

Unit Information

Bedrooms 18
Full Bathrooms 6
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 8
Garage Parking 0
Water View No
Unit Level
Common Walls
Laundry Features
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement Full,Interior Entry,Concrete,Unfinished
Patio And Porch Features
Parking Features Paved Drive,Off Street
Waterview Features
Flooring Varies

Building Information

Building Name
Units in Building 6
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials Frame,Concrete
Year Built 1920
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full,Interior Entry,Concrete,Unfinished
Roof Rubber

Additional Details

Community Features Public Transportation,Park,Highway Access
Disclosures All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer and/or buyer's agent. Operating expenses & rent roll attached on MLS.
Last Updated 2025-05-22T12:20:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number M:0224 B:0000 L:0004,4211788
Original List Price 1350000
Listing Office realty one group nest
Tax Annual Amount 7629
Tax Assessed Value 866900
Tax Book Number 17717
Tax Year 2025
Year Built Details Actual
Year Built Source Public Records
Zoning R2
Listing Agent olivares molina team

Property Address

Address: 439-443 Riverside Dr, Lawrence MA 01841
City:
State/County:
Zip: 01841
Country: US

Amenities and Features

Other Features
Open Parking

Payment Calculator

$ 7,442.93
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,230.53

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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439-443 Riverside Dr, Lawrence MA 01841 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

439-443 Riverside Dr, Lawrence MA 01841 – 18 bed 6 bath For Sale – 73358630

$ 1,299,000

Status:

439-443 Riverside Dr, Lawrence MA 01841, , , 01841

Country: US

Property Overview

MLS #: 73358630

Type: /

Action:

Year Built: 1920 (Actual, Source: Public Records, Effective: )

Living Area: 7,520.00 ft2 (Total: 7520 Square Feet, Source: Public Records)

Lot Size: 0.15 ft2 (Area: 0.15 Acres, SqFt: 6534)

Total Rooms: 30

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 18 (Main Level: )

Bathrooms: Total: 6 (Full: 6, Half: 0, Decimal: 6, Main Level: )

Basement: Full,Interior Entry,Concrete,Unfinished

Fireplaces: 0 ()

Flooring: Varies

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame,Concrete

Foundation: Stone (Area: )

Roof: Rubber

Stories: 6 (6)

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities: for Electric Range

Electric: Circuit Breakers (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 8

Parking Features: Paved Drive,Off Street

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features: Corner Lot

View: (, Waterview Y/N: No)

Waterfront:

Road Frontage: Public ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Park,Highway Access

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: R2 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Don’t miss this rare opportunity to own a well-performing six-family property in a desirable location near the Methuen line, offered at $1,299,000. Each of the six spacious units features 3 bedrooms and 1 full bath, appealing to quality tenants. Three units have been updated within the past two years, adding value and rental upside.Tenants pay their own utilities, keeping owner expenses low and maximizing cash flow. The property also offers approximately 8 off-street parking spaces, a major perk in this area. Conveniently located near shopping, dining, and major highways, this turnkey property delivers both strong rental income and long-term investment potential.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 6

Units Owner Occupied:

Unit 1: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: Y

Unit 2: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: Y

Unit 3: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: Y

Unit 4: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: Y

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 7629 (Year: 2025)

Tax Assessed Value: 866900

Tax Block/Lot/Book/Map: / / 17717 /

Parcel Number: M:0224 B:0000 L:0004,4211788

Special Licenses:

Current Financing:

Gross Income: (Scheduled: )

Net Operating Income:

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available: No

Tenant Pays:

Rent Includes:

Total Actual Rent: 0

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Olivares Molina TEAM (MLS ID: TM005072) / Team: CN212926

Listing Office: Realty One Group Nest (MLS ID: AN6420)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-04-11

Expiration Date: 1900-01-01

Original List Price: 1350000

Price Per SqFt (List): 172.74

Market Time (Property): 41 (Broker: 41, Prev Broker: 0, Prev Property: 0)

MLS Status: Price Changed

Possession:

Directions: Water St to Riverside Dr. At the corner of Texas Ave and Riverside Dr.

Disclosures: All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer and/or buyer's agent. Operating expenses & rent roll attached on MLS., N

Lead Paint: Unknown

Title 5:

Exclusions: All Tenants Belonging. All Washer & Dryers Belong To The Tenants.

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag: 1

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 285)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 2013048

Modification Timestamp: 2025-05-22T12:20:00.000Z

Bridge Modification Timestamp: 2025-05-22T12:23:25.996Z

Original Entry Timestamp: 2025-04-11T14:08:00.000Z

Status Change Timestamp: 2025-05-21T16:43:00.000Z

Off Market Date:

Development Status:

Business Type:

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