Data Source Brokerage:

    Continental Real Estate Group, Inc logo

    Continental Real Estate Group, Inc

    254 Salem St, Lawrence, MA 01843

    $2,150,000

    Not Currently Listed

    22 beds
    10 baths
    10,057 sq ft
    Built in 1920

    Purchase price

    Down payment

    Estimated rent

    MLS Logo

    Listed By: Jose Frias, (978) 902-1561

    Source: MLS Property Information Network (MLS PIN), #73520829, last updated on 5/26/2026

    About this property

    Exceptional investment opportunity in the heart of South Lawrence! This rare 9-unit property consists of a 6-unit building, a 2-family, and a single-family home, offering a total of 22 bedrooms and 10 bathrooms. The property features strong in-place cash flow with low operating expenses and upside...

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    Neighborhood

    5 / 10

    Emily G Wetherbee School

    5 / 10

    Emily G Wetherbee School

    1 / 10

    School For Exceptional Studies

    Provided by

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    Property details
    Interior

    Bedrooms & Bathrooms

    • Bedrooms: 22
    • Bathrooms: 10
    • Full bathrooms: 10

    Features

    • Flooring: Wood, Tile, Vinyl, Other
    • Has basement: Yes
    • Basement: Full
    • Has fireplace: No

    Interior area

    • Total structure area: 10,057 Square Feet
    • Total interior liveable area: 10,057

    Appliances

    • Included: Gas Water Heater
    Property

    Parking

    • Has Garage: No

    Features

    • Stories: 3
    • Patio & porch: Porch
    • Has spa: No

    Lot

    • Size: 0.15 Acres

    Details

    • Parcel number: M:0121 B:0000 L:0018
    Construction

    Type & style

    • Home type: Residential Income
    • Property subtype: Multi Family

    Materials

    • Frame
    • Foundation: Stone
    • Roof: Shingle, Rubber

    Condition

    • Year built: 1920
    Utilities & green energy
    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Financial & listing details

    • Price per square foot: $214
    • Days on market: 8
    • Cumulative days on market: 8

    Neighborhood score

    1 / 5

    School score

    3.7 / 10

    Crime score

    1 / 10