Active
17 Days on market
87 Beacon Ave #2 Lawrence — Photo 1 of 20

87 Beacon Ave #2 Lawrence — Photo 1 of 20

$329,000

Investment Analysis — 87 Beacon Ave #2

Lawrence, MA 01843 — South Lawrence

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01843 carries an estimated $2,390/mo in gross rent — about a 4.96% cap rate and $16,320/yr in estimated NOI at the $329,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2.5

SqFt

929

Style

Condominium

Built

1985

This turnkey South Lawrence 2-bedroom townhouse-style condo offers a versatile layout, valuable bonus space, and an affordable option for owner-occupants and those looking to avoid rent. Located in a pet-friendly community with a budget-friendly HOA fee, this condo combines comfortable living with everyday convenience. The main level features a bright, spacious living room, a generous eat-in kitchen with direct access to a private outdoor patio, and a half bath. Upstairs, you'll find two large bedrooms with ample closet space and a full bathroom. Need more room? The partially finished lower level adds valuable living space and includes a 3/4 bathroom, making it ideal for a home office, recreation room, or additional storage. Additional highlights include in-unit laundry, assigned off-street parking, and convenient access to major highways, shopping, restaurants, parks, and other area amenities. Recent 2026 improvements include new windows, kitchen light fixtures, fresh interior paint, and more. With its flexible floor plan, private outdoor space, low-maintenance condo living, and recent updates, this move-in-ready townhouse is one you won't want to miss!

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 MLS and other third-party data may be inaccurate or out of date.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$329,000
Annual Taxes$2,477
HOA Fee$250

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringLaminate
BasementY

Climate & Utilities

HeatingElectric Baseboard, Electric
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningR-3

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomKitchenBathroom 1
Basement
Bathroom 3
Living Room
Lvl First
Kitchen
Lvl First

Bathroom - Half, Exterior Access, Lighting - Overhead

Master Bedroom
Lvl Second

Closet, Flooring - Vinyl

Bedroom 2
Lvl Second
Bathroom 1
Lvl First

Bathroom - Half, Closet - Linen

Bathroom 2
Lvl Second

Bathroom - Full, Closet - Linen

Bathroom 3
Lvl Basement

Bathroom - 3/4

Listing Provided By

Listing Agent: Will Olsen

Listing Office: Coldwell Banker Realty - Haverhill

MLS® Number: 73568787