248-250 Bailey, Lawrence MA 01843

Lawrence, MA 01843
$979,999
Est. $5,758/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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8
Beds
3
Baths
3,082
Sq Ft
$318
Price/Sq Ft
0.13
Acres
1910
Year Built
2
Garage Spaces
New today
Time on Market
For Sale Listed Oct 22, 2026 • MLS# 73594040 Copied! • Updated Oct 23, 2026

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About this home

248-250 Bailey, located in Lawrence, Massachusetts, presents a significant opportunity to acquire a substantial multi-family property constructed in 1910. Spanning 3,082 square feet of interior living area, this building offers an architectural history that provides a solid foundation for those seeking to invest in a versatile residential asset. The residence is structured across three distinct stories, offering a spacious floor plan that encompasses eight bedrooms in total. This generous bedroom count allows for flexible living arrangements and efficient space utilization. Complementing the private quarters, the property includes three full bathrooms, positioned to ensure functionality and convenience throughout the building. The exterior of the property occupies a 5,571-square-foot lot, providing a manageable outdoor footprint. Residents will benefit from the inclusion of two garage spaces, which offer secure, off-street vehicle storage and added utility in all weather conditions.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 22, 2026
$979,999
Original listing
Agent: Rafael Vega Office: The Guselli Agency, Inc.

Tax History

Year Taxes Assessment
2026 $7,231 $836,900

Financial Details

Annual Property Tax
$7,231
Tax Year 2026
Assessed Value
$836,900

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1910
Living Area 3,082 sq ft
Lot Size 0.13 acres
Stories 3
Bedrooms 8
Full Baths 3
Total Rooms 13

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent — · N
Unit 3 Rent — · N
Heating Baseboard, Natural Gas, Forced Air
Cooling None
Flooring Wood, Tile
Appliances Range, Microwave, Refrigerator
Fireplace None
Basement Full, Walk-out Access, Bulkhead, Concrete
Laundry Electric Dryer Hookup, Washer Hookup
Features Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 10
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $7,231
Assessed Value $836,900
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Certified Treated
Seller Disclosures Property Is Being Sold As Is.
Possession None
Accepted Financing None
Structure Type []
House Color GRAY
Sq Ft Source Owner
Documents None
County Essex
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1910
Bedrooms
8
Full Bathrooms
3
Living Area
3,082 sq ft
Total Rooms
13
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances: Range, Microwave, Refrigerator
Interior Features: Living Room, Dining Room, Kitchen
Windows:
Basement: Full, Walk-Out Access, Bulkhead, Concrete
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Utilities & Systems

Heating: Baseboard, Natural Gas, Forced Air
Heating Zones: 3
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Porch
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 10
Parking Features: Paved Drive, Off Street
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

3 schools
John Breen School
0.2 mi
240 students Less Diverse
Grades PK-K
C
South Lawrence East Elementary School
0.3 mi | #625 of 825 | Score: 39.6
Improved 87 spots from last year
-18.6 below state avg
498 students Less Diverse
Grades 01-05
Lawrence Catholic Academy
0.6 mi
Grades PK-08
M

Middle Schools

3 schools
B+
Spark Academy
0.3 mi | #6 of 16 | Score: 36.3
Improved 245 spots from last year
-21.9 below state avg
570 students Less Diverse
Rising School
Grades 05-08
Esperanza Academy
0.8 mi
Grades 05-06
F
Oliver Middle School
1.0 mi | #346 of 352 | Score: 24.3
Improved 19 spots from last year
-33.9 below state avg
466 students Less Diverse
Grades 05-08
H

High Schools

3 schools
C
Lawrence High School
0.6 mi | #270 of 346 | Score: 45.3
Improved 39 spots from last year
-12.9 below state avg
3,280 students Less Diverse
13 sports • 1,440 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
B
High School Learning Center
0.6 mi | #172 of 346 | Score: 71.1
Dropped 128 spots from last year
158 students Less Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
B
Phoenix Academy Public Charter High School, Lawrence
0.7 mi | #182 of 346 | Score: 69.9
Dropped 160 spots from last year
133 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $603
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Location

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Neighborhood

248-250 Bailey, Lawrence MA 01843

Lawrence, MA 01843

Listing Information

Listing Agent Rafael Vega
Listing Office The Guselli Agency, Inc.
Office Phone 978-686-6400
Agent MLS ID G8000529
Office MLS ID G44800
Listing Data Updated Oct 23, 2026 3:30 AM 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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