716 Lawrence St, Lowell, MA, 01852
About This Home
INVESTOR'S DREAM - HIGH RENTS - $60,600 ANNUAL GROSS INCOME. This property brings in higher rents that more expensive 2 family properties. UNIT #1: 3 bedrooms, kitchen w/granite counters, livrm w/wood flooring and full bathroom.($2,400/MONTH). UNIT #2 - 4 bedrooms, kitchen w/granite counters, livrm w/wood flooring, full bath and pull down to attic space. There is also a back deck just for this unit ($2,650/MONTH. Unit #1 has lead Certificate of Maintained Compliance. Apartment Compliance Certs for both units from Lowell Inspectional Svs. This property offers vinyl siding, back yard and new owner can obtain a permit for 1 parking space. Additional parking on street. **Tenants would like to remain. Unit 1 lease ends October, 2026. Unit #2 lease ends February, 2027. Walk-out dirt basement great for storage. Great investment opportunity with ANNUAL GROSS RENTAL INCOME OF $60,600. Tenants would like to remain PHOTOS ARE PREVIOUS TO TENANTS OCCUPANCY *716 Lawrence St is the property with the green & red barrels in front" Put your touches on this multi-family with backyard and make it shine! All separate utilities other than water/sewer.
Getting Around
Somewhat Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Stone
- Roof: Shingle
Type & Style
- Home type: MultiFamily
- Property subType: 2 Family - 2 Units Up/Down
Interior
Appliances
- Appliances included: Range,Microwave,Refrigerator
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access,Interior Entry,Dirt Floor
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Features
- Lead Certification Available,Stone/Granite/Solid Counters,Bathroom With Tub & Shower,Walk-Up Attic,Living Room,Kitchen
- Door features: Insulated Doors
- Window features: Insulated Windows
- Flooring: Wood,Laminate,Hardwood
- Finished area above ground: 2,585
Heating
- Heating features: Central,Electric
Interior Area
- Total structure area: 2,585
- Total interior livable area: 2,585 sqft
Property
Details
- Parcel number: 4623339
- Zoning: TMU
- Exclusions: All Tenants' Personal Property
Features
- Patio & porch: Deck - Wood
- Exterior features: Balcony/Deck,Rain Gutters
Lot
- Lot size: 2,814 sqft
- Features: Cleared,Gentle Sloping
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,185 | $38,220 |
| Home Insurance * | $188 | $2,256 |
| Property Taxes | $584 | $7,008 |
| Electricity | $509 | $6,116 |
| Total | $4,466 | $53,592 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-04 | Listed for sale | $629,900 |
| 2023-12-07 | Sold | $600,000 |
| 2023-09-14 | Listed for sale | $579,999 |
| 2021-07-15 | Sold | $425,000 |
| 2018-12-27 | Sold | $351,000 |
| 2015-06-11 | Sold | $190,000 |
| 2008-02-08 | Sold | $225,174 |
| 2006-01-03 | Sold | $148,500 |
| 2004-12-22 | Sold | $231,000 |
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