117 Exchange Lawrence — Photo 1 of 41
$524,900
Investment Analysis — 117 Exchange
Lawrence, MA 01841
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01841 carries an estimated $2,660/mo in gross rent — about a 3.92% cap rate and $20,575/yr in estimated NOI at the $524,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
1,880
Style
Single Family
Built
1920
Welcome to 117 Exchange St, a beautifully updated 4-bedroom, 3 bathrooms single-family home offering approximately 1,880 sq. ft. of living space. The main level features an open living and dining area with a fireplace, recessed lighting, and a modern kitchen equipped with stainless steel appliances. Additional highlights include first-floor laundry, a full basement, a fenced yard, and four off-street parking spaces. Conveniently located near public transportation, schools, parks, shopping, restaurants, and major highways. Schedule your showing and discover all this move-in-ready home has to offer!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,880 sq ft principal dwelling). Lot size: 3,200 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • ENERGY STAR Qualified Dishwasher
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Listing Agent: The Liriano Team
Listing Office: Keller Williams Realty
MLS® Number: 73569150