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251 253 Ferry St

Lawrence, MA 01841

4 beds
4 baths
3,136 sqft
4,670 sqft lot
$271 per sqft
1920 build
– on site

Mixed used property for sale in the thriving city of Lawrence! This 4-family property offers an excellent investment opportunity with both commercial and residential components. The property features 3 rented apartments, one commercial unit and storage in the back of the property. Commercial unit can be returned to its original, to an apartment. This property is minutes away from the highway, stores, and the hospitals. It's also a great investment property for an owner occupied or for an investor who wants to grow its real estate portfolio. Motivated seller, don't miss this great opportunity of owning this amazing property.

Listing courtesy of MLSPIN / Johanny Ulloa / View Real Estate Group

Last checked: Checking… • Last updated Feb 8, 2025 •

MLS# 73333330 —

The Building

Year Built:

1920
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Foundation Details:

Stone
Stories Total:

7
# of Units Total:

4
Building Area Total:

3136
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

14
Flooring:

Vinyl
Fireplace:

false

Room Dimensions

Living Area:

3136

Location

Directions:

Corner of Ferry St and Prospect St
Latitude:

42.721886
Longitude:

-71.155724

The Property

Parcel Number:

M:0112 B:0000 L:0067,4204842
Property Type:

Residential Income
Property Subtype:

4 Family
Lot Size Units:

Acres
Lot Size Area:

0.11
Lot Size SqFt:

4670
Lot Size Acres:

0.11
Zoning:

Mix
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Surface Type:

Paved
Road Frontage Type:

Public
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

15344
Tax Annual Amount:

5389.05
Tax Assessed Value:

582600

Beds

Bedrooms Total:

4

Baths

Total Baths:

4
Total Baths:

4
Full Baths:

4

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Baseboard
Heating:

true

Utilities

Utilities:

for Electric Range
Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range

Schools

Elementary School:

Parthum
Middle Or Junior School:

Parthum
High School:

Lawrence High

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

true
Garage Spaces:

2
Parking Total:

3
Parking Features:

Paved Drive
Covered Spaces:

2
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
2/6/25 Feb 6, 2025	Listed / Active	MLSPIN	$849,900	108.6% (15.3% / YR)
1/29/25 Jan 29, 2025	Price Changed	MLSPIN
7/30/24 Jul 30, 2024	Listed / Active	MLSPIN

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This multifamily located in Methuen, Lawrence, MA 01841 is currently for sale for $849,900. 251 253 Ferry St is a 3,136 square foot multifamily with 4 beds and 4 baths that has been on Estately for 2 days. 251 253 Ferry St is in the Methuen neighborhood of Lawrence and has a WalkScore® of 72, making it very walkable. This multifamily is in the attendance area of Abbot Lawrence Academy, Upper School Academy, International High School, School For Exceptional Studies, Lower School Academy, Parthum School, and Hennessey School.

Listing Courtesy of: MLSPIN and View Real Estate Group.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.