
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.
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.
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Range • Microwave • Refrigerator • Washer • Dryer
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Property History
$609,925
Sep 22, 2026
MLS® 73580857
$900
Aug 26, 2010
MLS® 71120947
$900
Aug 9, 2010
MLS® 71120947
Listing Agent: Tami Mallett
Listing Office: Cameron Prestige - Amesbury
MLS® Number: 73580857