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About this property
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 details
| Units | 3 |
| Living area | 3,655 sqft |
| Lot size | 2,139 sqft |
| Year built | 1900 |
| Price / sqft | $246 |
| County | Essex |
| MLS # | 73585624 |
Listing status
| Days on market | 0 days |
| Listed on | October 1, 2026 |
Taxes & financials
| Annual property tax | $820,600 |
| Tax year | 2026 |
| Assessed value | $733,600 |
| Zoning | R-3 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.05 acres |
| Garage spaces | 0 |
| Parking spaces | 1 |
| Parking | On Street |
| Basement | Full |
| Foundation | Block |
| Roof | Shingle, Rubber |
| Construction | Frame, Brick |
| Flooring | Vinyl, Carpet |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
Location
More about investing in Lawrence →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 42 Summer Street, Lawrence MA 01840 have?
It is a 3-unit multi-family property with 3,655 sqft of living area, built in 1900.
How long has 42 Summer Street, Lawrence MA 01840 been on the market?
42 Summer Street, Lawrence MA 01840 has been listed for 0 days (since October 1, 2026).
What is the price per unit?
At a list price of $899,000 across 3 units, that works out to roughly $299,667 per unit.
What are the property taxes on 42 Summer Street, Lawrence MA 01840?
Annual property taxes are $820,600 (2026), on an assessed value of $733,600.
What is the price per square foot?
At $899,000 for 3,655 sqft, that's about $246 per square foot.
Is there parking?
1 total parking space (on street).
Where is this property located?
42 Summer Street, Lawrence MA 01840 is in Lawrence, Essex County, MA 01840.
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