Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

102-114 Water ST

Lawrence, MA ID #73562010

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102-114 Water ST

- Lawrence, MA ID #73562010

Property Description

We are pleased to present the Jordan Court Apartments for sale, located at 102-114 Water Street in Lawrence, MA. This 27-unit multifamily property consists of four buildings on the same 0.44-acre lot totaling 27,583 SF, built in 1900 and renovated in 2024. The unit mix consists of (20) three-bedroom, (2) four-bedroom, (3) one-bedroom, and (2) studio units. The property is conveniently located close to downtown Lawrence, I93, I495 and the Lawrence MBTA Station. The property is equipped with off-street parking, tenant-paid utilities, and seven out of the 27 units have been fully renovated. Investors have the opportunity to add value by increasing rents to market value through minor cosmetic renovations. This asset is a great addition to any investor's real estate portfolio with high cash-on-cash returns on day 1. All interested parties will have the opportunity to obtain additional information upon request. Request Offering Memo from listing agent. 8.02% cap rate, 9.54% pro forma cap rate.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Multi Family
  • Zip Code: 01841
  • Taxes: 36,323
  • Levels: 3
  • Acres: 0.44

Parking

  • Garage Capacity: 13
  • Parking: Off Street,On Street
  • Parking Spaces: 13

Rooms/Dimensions

  • Total Units: 27
  • Total Floors: 3
  • Total Rooms: 99
  • Has Basement: Yes

Location

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102-114 Water ST, Lawrence, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Bradford Carlson of New England Realty Advisors LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.