82 S Broadway, Lawrence MA 01843
Lawrence, MA 01843
$3,200,000
$2,995,000
Est. $17,531/month
Track this home for price, status, and open-house alerts.
About this home
This 41-unit mixed-use building consists of (3) commercial units totaling 5900 SF and (38) SRO (single room occupancy) units across 11,800 SF. The property sits on 0.16 acres with 17,706 SF of living area in 24,502 gross square feet. This asset is well-maintained, featuring a new roof, a new heating system, and a state-of-the-art security system. All upgrades to the building have been completed in the past 3 years. The property is well-positioned on the south side of Lawrence and provides direct access to Boston via Interstates 93 and 495, MA Route 28, and The Lawrence Train Station with service on the MBTA’s Haverhill Line (0.6 miles). The property is walkable to local retail establishments, grocery stores, and parks. The cap rate upon acquisition is 10%. Seller will consider other property in trade to help accommodate a 1031 exchange.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Market Insights
2
Price Changes
6.4%
Price Range
Property Timeline
Price Reduced
May 27, 2026
$2,995,000
$155,000
(-4.92%)
From $3,150,000 to $2,995,000 (-4.9%)
Price Reduced
Mar 13, 2026
$3,150,000
$50,000
(-1.56%)
From $3,200,000 to $3,150,000 (-1.6%)
Listed for Sale
Nov 12, 2025
$3,200,000
Original listing
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/27/2026 | ↓ Price Reduced | $2,995,000 | $155,000 | - | From $3,150,000 to $2,995,000 (-4.9%) |
| 03/13/2026 | ↓ Price Reduced | $3,150,000 | $50,000 | - | From $3,200,000 to $3,150,000 (-1.6%) |
| 11/12/2025 | 🏠 Listed for Sale | $3,200,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $26,240 | $2,342,400 |
Financial Details
Annual Property Tax
$26,240
Tax Year 2025
Assessed Value
$2,342,400
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - Rooming House
Year Built
1900
Living Area
17,706 sq ft
Lot Size
0.16 acres
Bedrooms
38
Full Baths
7
Total Rooms
45
Investment Metrics
Units
41
Unit 1 Rent
$1,000/mo · N
Unit 2 Rent
$1,000/mo · Y
Total Monthly Rent
$2,000/mo
Gross Income
$493,500
Net Operating Income
$297,733
Operating Expenses
$163,582
Water/Sewer Expense
$6,295
Insurance Expense
$27,277
Cap Rate
9.94%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
Brick
Architecture
None
Roof
Rubber
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
$26,240
Assessed Value
$2,342,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
273 days
Property Overview
Property Type
5+ Family - Rooming House
Listing Type
For Sale
Year Built
1900
Bedrooms
38
Full Bathrooms
7
Living Area
17,706 sq ft
Total Rooms
45
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
17,706 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
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:
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Brick
Roof:
Rubber
Foundation:
Brick/Mortar
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Paved
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
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$2,187
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
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
Loading map...
Neighborhood
82 S Broadway, Lawrence MA 01843
Lawrence, MA 01843
Listing Information
Listing Agent
Bradford Carlson
Listing Office
New England Realty Advisors LLC
Office Phone
781-334-8044
Agent MLS ID
CN232232
Office MLS ID
AN8612
Listing Data Updated
May 31, 2026 3:07 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
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Lawrence.