Active
101 Days on market
10 Kempton Ct Lawrence — Photo 1 of 40

10 Kempton Ct Lawrence — Photo 1 of 40

$1,500,000

Investment Analysis — 10 Kempton Ct

Lawrence, MA 01841 — North Lawrence

Based on rent reported on the MLS listing, a 6-unit multi-family in 01841 carries $10,400/mo in gross rent — about a 5.89% cap rate and $88,338/yr in estimated NOI at the $1,500,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

12

Baths

6

SqFt

5,576

Style

5+ Family - 5+ Units Up/Down

Built

1920

Exceptional investment opportunity in the heart of Lawrence! Situated on a quiet dead-end street, this well-maintained 6-unit multifamily offers strong cash flow and long-term upside. All six units feature 2 bedrooms, making them highly desirable for tenants. Tenants pay their own utilities, helping keep owner expenses low and maximizing returns. The property has been thoughtfully maintained, with a newer roof approximately 8 years old and updated water heaters installed in 2018, 2019, 2020, 2020, 2023, and 2025. A state-of-the-art sprinkler system is already in place, providing added safety and peace of mind. Additional highlights include a clean basement, ample parking with both front and side lots, and deleading certificates on file. Conveniently located near shopping, restaurants, public transportation, and major highways, this turnkey asset is ideal for both seasoned investors and those looking to expand their portfolio.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,500,000
Annual Taxes$6,510

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms24
FireplacesNone
FlooringVinyl, Laminate
BasementFull

Climate & Utilities

HeatingNatural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationStone, Brick/Mortar
ZoningR-3

Property & Lot

Acres0.13
SqFt Lot5,803
Lot FeaturesEasements

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Public School

Geography

Listing Provided By

Listing Agent: Miguel Feliz

Listing Office: Coldwell Banker Realty - Andovers/Readings Regional

MLS® Number: 73530723