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42 Summer StreetLawrence, MA 01840

Essex County

$875,000List price
9Beds
3Baths
3,655Sq Ft
1900Year built
0.05Acre lot
3Stories
5 weeks agoOn market

Description

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!

Property Information

Property type
Residential Income
Sub-type
Triplex
Year built
1900
Stories
3
Living area
3,655 Sq Ft
Lot size
0.05 acres
Parking spaces
1
Zoning
R-3
Days on market
38
MLS® Listing#
73585624

Property Features

Appliances
Gas Water Heater
Flooring
Vinyl · Carpet
Basement
Full
Parking
On Street
Lot features
Corner Lot
Construction
Frame · Brick
Foundation
Block
Roof
Shingle · Rubber
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$820,600Tax year 2026
Assessed value
$733,600
Parcel number
4202801

Directions

USE GPS

Listing Courtesy: LAER Realty Partners - 9782518221

Presented by: Justin Melo

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright ©2026 MLS Property Information Network, Inc. All Rights Reserved.

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