
28 Exchange St Lawrence — Photo 1 of 42
Recent Drop: $50,100
$849,900
28 Exchange St, Lawrence, MA 01841
Lawrence, MA 01841 — North Lawrence
Beds
6
Baths
2
SqFt
2,334
Style
Multi Family
Built
1969
PRICE REDUCTION – NEW PRICE! Excellent opportunity for investors, developers, or owner-occupants! Constructed in 1969, this spacious duplex-style multi-family property offers approximately 2,334 sq. ft. of living space with two separate units. Each unit provides generous living accommodations, including an additional bedroom for added flexibility and functionality.Situated on a generous 9,600 sq. ft. lot, one of the property’s standout features is its 15+ parking spaces, offering exceptional convenience for residents and guests.Per the City of Lawrence, the property is located in an R-3 zoning district, providing potential for three-family use, conversion, or redevelopment, subject to applicable zoning requirements, permitting, and City approval. Buyers and buyer’s agents are encouraged to perform their own due diligence regarding zoning and development possibilities.With its single-story duplex-style configuration, ample parking, flexible living space, and potential for additional development, this property offers multiple possibilities—from rental income and multi-generational living to an owner-occupant living in one unit while renting the other.Now offered at a reduced price—don’t miss the opportunity to explore the full potential of this versatile property!
Market Value Analysis
* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Lawrence, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation
Geography
Property History
$849,900
Was $900,000
Sep 11, 2026
MLS® 73563107
$900,000
Aug 13, 2026
MLS® 73563107
Population
52,769
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$57K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
68.9%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Zuleem Garcia
Listing Office: Keller Williams Realty
MLS® Number: 73563107
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