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

82 S Broadway

Lawrence, MA ID #73420964

Property Description

This 41-unit mixed-use building consists of (3) commercial units and (38) SRO (single room occupancy) units. 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, eateries, grocery stores, and parks. The cap rate upon acquisition is 9.30%.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - Rooming House
  • Zip Code: 01843
  • Taxes: 26,240
  • Levels: 3
  • Acres: 0.16

Parking

  • Parking: Off Street

Rooms/Dimensions

  • Total Units: 41
  • Total Floors: 3
  • Total Rooms: 2

Location

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82 S Broadway, Lawrence, MA

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Content © 2025 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.