53 Weare Lawrence — Photo 1 of 18
Recent Drop: $69,900
$825,000
Investment Analysis — 53 Weare
Lawrence, MA 01843 — South Lawrence
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01843 carries an estimated $4,780/mo in gross rent — about a 4.47% cap rate and $36,876/yr in estimated NOI at the $825,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,179
Style
2 Family - 2 Units Up/Down
Built
1900
Certified Plot Plan has been completed and attached for viewing! The first step is completed, and you are the savvy investor, bring it to the finish line! The seller has taken this property from potential to probable. Solid unique property featuring: The first-floor owner unit with a flexible floor plan, hardwood floors, newer solid 6 panel doors, large country kitchen, pantry, formal dining room, built-in AC, California Closet and interior basement access. The second-floor features plenty of storage, flexible floor plan, food pantry, 2 large bedrooms and an oversized kitchen. 2 car detached garage. Level lot and nicely landscaped. Separate utilities with 2 newer gas heating systems 2018. 2 hot water tanks 2018. This property is ready for occupancy now! Location, Location, Location! Mt. Vernon! Easy to show! Property is "AS IS" Appliances remain as a gift.
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • Public School
Geography
Property History
$825,000
Was $894,900
Sep 10, 2026
MLS® 73570657
$894,900
Sep 1, 2026
MLS® 73570657
$839,700
Aug 3, 2026
MLS® 73548063
$839,700
Jul 10, 2026
MLS® 73548063
Listing Agent: Steven Thornhill
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73570657