$1,250,000
176 Bailey Street
Lawrence, 01843
Status: CTG
Pleased to present 176-178 Bailey Street, a substantial 4-unit multifamily in Lawrence's Southside neighborhood. The property features three (3) 4-bed/1-bath units and one (1) 5-bed/2-bath loft-style unit, totaling 5,708+- sq. ft. of living area and 8,980+- sq. ft. gross area on a 0.18-acre lot with off-street parking. Each unit is separately metered for electric, heat, and hot water; landlord responsible for common electric and domestic water/sewer. Recent updates include a brand-new 2025 asphalt shingle roof, newer boilers and water heaters, stainless appliances, and plank flooring. Added amenities include in-unit laundry hookups. Ideally located near the Commuter Rail, I-495, Routes 28 & 114, medical offices, downtown, shopping, and restaurants. With strong rental demand and major improvements, this property offers both stability and upside--an excellent opportunity in one of Lawrence's most vibrant neighborhoods.
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