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89 Newbury Street, Lawrence MA 01840

Lawrence, MA 01840
$1,349,999
Est. $7,631/month
4
Beds
3.5
Baths
3,114
Sq Ft
$434
Price/Sq Ft
0.00
Acres
1925
Year Built
172
Days on Market
Active Listed Jul 28, 2025 • MLS# 73410270 Copied!

About this home

Cash Cow! 4 unit Mixed -use well maintained. High traffic corner. This is a great opportunity to own & occupy with the potential to collect rents and potential to run your own business. Separate utilities. Seller's Unit 3 is interested in remaining in the unit for 5 years at a mutually agreed upon monthly rent. Successful convenience store Unit 4 is Tenant occupied. Inventory, Equipment, & trade fixtures in Convenience store are NOT included in the property sale. 1st Floor unit is easy to show.

Property Overview

Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1925
Bedrooms
4
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,114 sq ft
Total Rooms
12
Stories
4
Levels
4

Facts & Features

Home Facts

Type Residential Income
Style 4 Family - 4 Units Up/Down
Year Built 1925
Living Area 3,114 sq ft
Lot Size 0.0000
Bedrooms 4
Full Baths 3
Half Baths 1
Total Rooms 12

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Vinyl
Appliances Range, Refrigerator
Fireplace None
Basement Full, Partially Finished, Walk-out Access, Interior Entry, Concrete
Laundry None
Features Internet Available - Broadband, Ceiling Fan(s), Bathroom With Tub & Shower, Living Rm/dining Rm Combo, Living Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Composite

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers, 100 Amp Service, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, Varies Per Unit

Financial

Annual Tax $7,257
Assessed Value $533,400

Interior Features

Flooring: Vinyl
Appliances: Range, Refrigerator
Interior Features: Internet Available - Broadband, Ceiling Fan(s), Bathroom With Tub & Shower, Living RM/Dining RM Combo, Living Room, Kitchen
Windows: Insulated Windows
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
Laundry:
Security: Security System

Construction & Materials

Year Built: 1925
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Porch, Deck - Composite
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

89 Newbury Street, Lawrence MA 01840

Lawrence, MA 01840

Walkability

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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
E

Elementary Schools

10 schools
B+
Community Day Charter Public School
0.3 mi | #125 of 352 | Score: 46.9
Dropped 12 spots from last year
-11.3 below state avg
1,200 students Less Diverse
Grades PK-08
F
School for Exceptional Studies
0.4 mi | #343 of 346 | Score: 17.7
Improved 40 spots from last year
-40.5 below state avg
118 students Less Diverse
Rising School
Grades PK-12
CLASS, Inc.
0.8 mi
Grades K-12
C
Lawrence Family Development Charter School
1.0 mi | #254 of 352 | Score: 36.0
Dropped 53 spots from last year
-22.3 below state avg
899 students Less Diverse
Strong Attendance
Grades PK-08
Lawrence Catholic Academy
1.0 mi
Grades PK-08
C+
Emily G Wetherbee School
1.3 mi | #235 of 352 | Score: 37.5
Improved 66 spots from last year
-20.7 below state avg
480 students Less Diverse
Rising School
Grades K-08
D
Oliver Elementary School
0.3 mi | #766 of 824 | Score: 31.2
Improved 48 spots from last year
-27 below state avg
469 students Less Diverse
Rising School
Grades K-04
F
Francis M. Leahy School
0.4 mi | #806 of 824 | Score: 26.5
Improved 27 spots from last year
-31.7 below state avg
525 students Less Diverse
Rising School
Grades PK-04
Rollins Early Childhood Center
0.4 mi
157 students Less Diverse
Grades PK-K
Lawrence Early Childhood Center
0.6 mi
205 students Less Diverse
Grades PK-K
M

Middle Schools

9 schools
Esperanza Academy
0.2 mi
Grades 05-06
F
Oliver Middle School
0.3 mi | #346 of 352 | Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
348 students Less Diverse
Grades 05-08
Blessed Stephen Bellesini O.S.A. Academy
0.7 mi
Grades 05-08
C-
Parthum Middle School
0.8 mi | #285 of 352 | Score: 32.8
Dropped 7 spots from last year
-25.4 below state avg
585 students Less Diverse
Grades 05-08
D
Arlington Middle School
1.1 mi | #325 of 352 | Score: 28.8
Improved 24 spots from last year
-29.4 below state avg
543 students Less Diverse
Rising School
Grades 05-08
B+
Spark Academy
1.2 mi | #6 of 16 | Score: 35.8
Improved 270 spots from last year
-22.5 below state avg
443 students Less Diverse
Rising School
Grades 05-08
C-
Guilmette Middle School
1.3 mi | #294 of 352 | Score: 31.8
Dropped 12 spots from last year
-26.4 below state avg
457 students Less Diverse
Grades 05-08
D
Alexander B Bruce School
1.4 mi | #331 of 352 | Score: 27.7
Dropped 7 spots from last year
-30.5 below state avg
462 students Less Diverse
Grades 03-08
C-
Frost Middle School
2.0 mi | #297 of 352 | Score: 31.7
Improved 28 spots from last year
-26.5 below state avg
508 students Less Diverse
Rising School
Grades 05-08
H

High Schools

5 schools
B-
RISE Academy
0.2 mi | #223 of 346 | Score: 66.7
Same rank as last year
74 students Less Diverse
College Ready Curriculum
Grades 06-12
B
Phoenix Academy Public Charter High School, Lawrence
0.2 mi | #182 of 346 | Score: 69.9
Same rank as last year
140 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
Central Catholic High School
0.8 mi
21 sports • 2,718 athletes
Strong Athletics
Grades 09-12
B
High School Learning Center
0.8 mi | #172 of 346 | Score: 71.1
Same rank as last year
198 students Less Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
C
Lawrence High School
1.5 mi | #270 of 346 | Score: 44.4
Improved 37 spots from last year
-13.8 below state avg
3,453 students Less Diverse
13 sports • 1,440 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $605
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
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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.

Property History

Property Timeline

🏠
Listed for Sale
Jul 28, 2025
$1,349,999
Original listing

Price & Status History

Date Event Price Change
Jul 28, 2025 New Listing Added $1,349,999

Market Statistics

Days on Market
172 days
Price per Sq Ft
$434

Tax History

Year Taxes Assessment
2026 $7,257 $533,400

Financial Details

Annual Property Tax
$7,257
Tax Year 2026
Assessed Value
$533,400

Listing Information

Agent MLS ID G800026
Office MLS ID AC2094
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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Market Analytics for Lawrence, MA

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Steven Novak

Steven Novak

BMN Boston Real Estate

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