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You are here:
Home Massachusetts Lawrence Multi-Family Homes for Sale

82 S Broadway Lawrence, MA 01843

24 Days on Boston Pads
24 Photos
$3,200,000
41 Unit
38 Beds
7 Baths
17706 SQFT
0.16 Acre
82 S Broadway
Lawrence, MA 01843

Property Description

This 41-unit mixed-use building consists of (3) commercial units and (38) SRO (single room occupancy) units. The property sits on 0.16 acres with 17,706 SF of living area in 24,502 gross square feet. This asset is well-maintained, featuring a new roof, a new heating system, and a state-of-the-art security system. All upgrades to the building have been completed in the past 3 years. The property is well-positioned on the south side of Lawrence and provides direct access to Boston via Interstates 93 and 495, MA Route 28, and The Lawrence Train Station with service on the MBTA’s Haverhill Line (0.6 miles). The property is walkable to local retail establishments, eateries, grocery stores, and parks. The cap rate upon acquisition is 9.30%. Seller will consider other property in trade to help accommodate a 1031 exchange.

Property Overview

Building Information

  • Total Units: 41
  • Total Floors: 3
  • Total Bedrooms: 38
  • Total Full Baths: 7
  • Amenities: Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 493500
  • Gross Expenses: 163582
  • GSE: 9534
  • Water/Sewer: 6295
  • INSC: 27277
  • Repairs & Maintenance: 12000
  • Net Operating Income: 297733

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - Rooming House
  • Construction Type: Brick
  • Foundation Info: Brick
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73454121
  • Last Updated: 11/16/25

Date Event Price Price/Sq Ft Source
11/16/2025Active$3,200,000$181MLSPIN
11/12/2025New$3,200,000$181MLSPIN
11/02/2025Expired$3,200,000$181MLSPIN
08/25/2025Active$3,200,000$181MLSPIN
08/21/2025New$3,200,000$181MLSPIN

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Map & Resources

Lawrence Catholic Academy

Private School, Grades: PK-8

0.22mi

Emily G Wetherbee School

Public Elementary School, Grades: K-8

0.27mi

CLASS, Inc.

Special Education, Grades: K-12

0.28mi

Sacred Heart Elementary School

Grades: 1-6

0.63mi

Northern Essex Community College

University

0.63mi

Northern Essex Community College - Bookstore

University

0.64mi

Northern Esssex Community College

University

0.64mi

Guilmette Middle School

Grades: 7-9

0.67mi

El Taller

Cafe

0.73mi

Pollo Centro

Chicken & Latin American & Spanish (Fast Food)

0.67mi

McDonald's

Burger (Fast Food)

0.68mi

Subs & Pizzas

Pizzeria

0.87mi

Carleen's

Restaurant

0.28mi

Attika Restaurant

Dominican & Hispanic & Puerto Rican & Mexican Restaurant

0.72mi

Viva Bar

Restaurant

0.76mi

La Tambora

Regional & Dominican Restaurant

0.77mi

Lawrence Fire Department

Fire Station

0.02mi

Lawrence Fire Department

Fire Station

0.78mi

Lawrence Fire Department

Fire Station

1.04mi

Lawrence Police Station

Police

0.74mi

Lawrence Police Department

Local Police

0.74mi

Lawrence Police

Police

1.04mi

Lawrence General Hospital

Hospital

1.02mi

Lawrence Heritage State Park - Visitors Center

Museum

0.71mi

Canal Street Gym

Fitness Centre

0.7mi

YMCA

Sports Centre

0.82mi

Field at the Pavilion

Sports Centre

0.88mi

Riverfront State Park

State Park

0.7mi

McDermott Park

Municipal Park

0.22mi

Lindquist Playstead

Park

0.24mi

Riley Playground

Park

0.28mi

Pemberton State Park

State Park

0.31mi

American Woolen Mill Housing District

Park

0.48mi

Donovan Park

Park

0.54mi

O'Connell South Common

Municipal Park

0.55mi

Santander

Bank

0.73mi

Bank of Africa

Bank

0.76mi

Santander

Bank

0.87mi

Speedway

Gas Station

0.8mi

South Lawrence Branch Library

Library

0.26mi

Lawrence Law Library

Library

0.65mi

Resource Center

Library

0.8mi

Lawrence Public Library

Library

0.9mi

CVS Pharmacy

Pharmacy

0.26mi

CVS Pharmacy

Pharmacy

0.86mi

Kelley's Furniture

Furniture

0.37mi

Speedway

Convenience

0.81mi

Market Basket

Supermarket

0.53mi

Seller's Representative: Bradford Carlson, New England Realty Advisors LLC
MLS ID#: 73454121

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-11-16 04:05:00