MA > Lawrence
Lawrence, MA 01843,176-178 Bailey Street
Lawrence, MA 01843,176-178 Bailey Street
Lawrence, MA 01843,176-178 Bailey Street
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$1,250,000
Est. payment /mo
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17 Beds
5 Baths
5,708 SqFt
Active

176-178 Bailey Street Lawrence, MA 01843

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,708 sqft

Price per Sqft $218

MLS Listing ID 73429257

Bedrooms 17

Full Baths 5

Year Built 1900

Annual Tax Amount $7,402

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type 4 Family

Property Description

Pleased to present 176–178 Bailey Street, a substantial 4-unit multifamily in Lawrence's Southside neighborhood. The property features three (3) 4-bed/1-bath units and one (1) 5-bed/2-bath loft-style unit, totaling 5,708± sq. ft. of living area and 8,980± sq. ft. gross area on a 0.18-acre lot with off-street parking. Each unit is separately metered for electric, heat, and hot water; landlord responsible for common electric and domestic water/sewer. Recent updates include a brand-new 2025 asphalt shingle roof, newer boilers and water heaters, stainless appliances, and plank flooring. Added amenities include in-unit laundry hookups. Ideally located near the Commuter Rail, I-495, Routes 28 & 114, medical offices, downtown, shopping, and restaurants. With strong rental demand and major improvements, this property offers both stability and upside—an excellent opportunity in one of Lawrence's most vibrant neighborhoods.

Location

State MA

County Essex

Area South Lawrence

Zoning R3

Direction Located off South Union Street, between Salem Street and Abbott Street.

Rooms

Basement Full, Interior Entry, Bulkhead, Unfinished

Interior

Interior Features Living Room, Dining Room, Kitchen, Laundry Room, Loft

Heating Baseboard, Natural Gas

Cooling Window Unit(s)

Flooring Other

Appliance Range, Microwave, Refrigerator, Washer, Dryer

Laundry Gas Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Rain Gutters, Garden

Fence Fenced

Community Features Public Transportation, Shopping, Pool, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, Other

Utilities Available for Gas Range, for Gas Dryer, Washer Hookup

Roof Type Shingle,Rubber

Total Parking Spaces 8

Garage No

Building

Lot Description Other

Story 5

Foundation Block

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Alvarez Real Estate Group LLC

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

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Tricia Coury

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+1(508) 838-6956

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Eric Coury

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I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.