Active
2 Days on market
42 Summer Street Lawrence — Photo 1 of 42

42 Summer Street Lawrence — Photo 1 of 42

$899,000

42 Summer Street, Lawrence, MA 01840

Lawrence, MA 01840

Beds

9

Baths

3

SqFt

3,655

Style

3 Family - 3 Units Up/Down

Built

1900

Excellent opportunity to own a fully updated three-family property offering modern finishes, spacious layouts, and strong investment potential. Each unit has been thoughtfully renovated with updated kitchens and bathrooms, fresh paint, modern flooring, and updated fixtures throughout. The property offers three separate living spaces, making it ideal for an investor looking to add a turnkey property to their portfolio or an owner-occupant looking to offset their mortgage with rental income. With the major updates already completed, this property is ready for its next owner. Conveniently located near shopping, restaurants, public transportation, and major commuter routes. A great opportunity to own a move-in-ready multifamily property with excellent income potential!

Key facts

It was listed on October 1, 2026. It sits on a 0.05-acre (2,139 sq ft) lot.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$246/sqft
Local Avg (Lawrence)$270/sqft
9% BelowMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Lawrence, MA.

Property Details

Financials

Original Price$899,000
Annual Taxes$820,600

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms15
FireplacesNone
FlooringVinyl, Carpet
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick
RoofShingle, Rubber
FoundationBlock
ZoningR-3

Property & Lot

Acres0.05
SqFt Lot2,139
Lot FeaturesCorner Lot

Geography

Questions about this home

When was 42 Summer Street, Lawrence listed?

42 Summer Street, Lawrence was listed on October 1, 2026.

Has the price of 42 Summer Street, Lawrence changed?

The price hasn't changed since it was listed at $899,000.

How big is the lot at 42 Summer Street, Lawrence?

42 Summer Street, Lawrence sits on a 0.05-acre (2,139 sq ft) lot.

What is the status of 42 Summer Street, Lawrence?

42 Summer Street, Lawrence is actively listed for sale.

Population

8,522

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$42K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

97.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Justin Melo

Listing Office: LAER Realty Partners

MLS® Number: 73585624