Active
2 Days on market
74-76 Sylvester Street Lawrence — Photo 1 of 42

74-76 Sylvester Street Lawrence — Photo 1 of 42

$609,925

Investment Analysis — 74-76 Sylvester Street

Lawrence, MA 01843

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 01843 carries an estimated $4,190/mo in gross rent — about a 5.36% cap rate and $32,667/yr in estimated NOI at the $609,925 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,215

Style

2 Family - 2 Units Up/Down

Built

1928

Opportunity awaits with this well-maintained 2-family home ideally located on the Andover line! Whether you're looking to owner-occupy while generating rental income, accommodate multi-generational living, or add to your investment portfolio, this versatile property offers plenty of possibilities. Unit #74 occupies the first floor and features 2 bedrooms with hardwood floors and closets, a living room, full bath with tile flooring, and kitchen with gas stove, refrigerator, microwave and separate galley area with sink. Both units have direct access to the basement and backyard. Unit #76 is located on the second floor and is currently rented month-to-month, providing immediate income potential. It features 3 bedrooms, 1 full bath, hardwood flooring, a private side entrance with porch, plus access to a full stand-up unfinished attic offering valuable additional storage. Each unit has its own washer and dryer, separate electric and separate heating/hot water systems. #74 features natural gas with on-demand hot water, while #76 has an oil-fired boiler. Additional highlights include a garage with direct basement access, vinyl siding, newer windows and a roof approximately 4 years old. Outside, enjoy a fenced backyard with patio and garden area, a great extension of the living space. Conveniently situated near the Andover line with access to shopping, dining, commuter routes and area amenities. A terrific opportunity to live in one unit and offset expenses with rental income, create a multi-generational setup, or own a two-unit investment property! Open houses Thursday 9/24 4-6pm and Saturday 9/26 1-3pm.

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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$609,925
Annual Taxes$5,546

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms10
FireplacesNone
FlooringTile, Carpet, Hardwood
BasementFull, Interior Entry, Concrete

Climate & Utilities

Heating--
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationBlock
ZoningR2

Property & Lot

Acres0.08
SqFt Lot3,484
Lot FeaturesLevel

Amenities & Appliances

Range • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access

Geography

Property History

Listed
$609,925

Sep 22, 2026

MLS® 73580857

Terminated
$900

Aug 26, 2010

MLS® 71120947

Listed
$900

Aug 9, 2010

MLS® 71120947

Listing Provided By

Listing Agent: Tami Mallett

Listing Office: Cameron Prestige - Amesbury

MLS® Number: 73580857