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11-21 Lawrence StreetLawrence, MA 01840

Essex County

$6,600,000List price
64Beds
34Baths32 full, 4 half
60,243Sq Ft
1905Year built
0.16Acre lot
5Stories
3 weeks agoOn market

Description

Known as the “Bay State Building”, 11-21 Lawrence Street occupies a full city block in the heart of Lawrence’s vibrant downtown. The Property features thirty-nine (39) total units, comprised of thirty two (32) residential units on floors two through four and seven (7) street level commercial units with Chase Bank being the anchor tenant. Chase Bank signed a brand new 10-year lease in 2022 with four (4) 5-year renewal options and attractive rent increases throughout the primary term and renewal options. The Property occupies floors 1-4 of the iconic 8 floor, elevator serviced building in downtown Lawrence. Floors 1-4 feature 60,243 square feet of gross living area and 76,212 square feet of gross area. The Property is comprised of thirty-nine (39) total units, featuring seven (7) Commercial units, while the residential units are comprised of four (4) 3+Bedroom/1.5-Bathroom units, one (1) 3-Bedroom/1-Bathroom unit, three (3) 2+ Bedroom/1-Bathroom units, nineteen (19) 2-Bedroom/1-Bathroom units, three (3) 1-Bedroom/1-Bathroom units, and two (2) Studio units. Tenants are responsible for separately metered utilities. The Landlord is responsible for providing city water & sewer. *Total Monthly Rent is $75,105, exceeding the max allowed by MLS.*

Property Information

Property type
Residential Income
Sub-type
Multi Family
Year built
1905
Stories
5
Living area
60,243 Sq Ft
Lot size
0.16 acres
Zoning
B3
Days on market
22
MLS® Listing#
73591823

Property Features

Appliances
Electric Water Heater
Heating
Electric
Parking
On Street
Lot features
Corner Lot · Level
Foundation
Other
Roof
Rubber
Community
Pool · Tennis Court(s) · Park · Golf · Other
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$60,594Tax year 2026
Assessed value
$5,418,200
Parcel number
4713026

Directions

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Listing Courtesy: Horvath & Tremblay - 7817764000

Presented by: Spencer Norton

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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