Home Homes for Sale 48 Union St, Lawrence MA 01840
$599,900
$293/sqft · Lawrence, MA
4Beds
3Baths
2,048Sqft
0.05 acresLot Size
48 Union St, Lawrence MA 01840
Active Listed 6 days ago
Multi Family Built in 1900 0.05 Acre Lot 2 Parking Spaces

What's Special

Multi FamilyBuilt in 19002 Parking Spaces

Welcome to 48 Union Street, a townhome-style two-family property featuring an up-and-down duplex configuration in the heart of Lawrence. Offering two separate residences under one roof, this property provides flexibility for an owner-occupant looking to offset monthly expenses with rental income, an investor seeking a centrally located multifamily asset or buyers in need of independent living spaces. Each unit enjoys its own private living area, creating separation and versatility for a variety of ownership strategies. The property is conveniently positioned near Lawrence-area hospitals, medical offices and healthcare facilities, while also providing easy access to downtown amenities, shopping, dining, public transportation and everyday necessities. With its adaptable layout, central location and income-producing potential, 48 Union Street presents an exciting opportunity to own a multifamily property in one of Lawrence’s most accessible areas.

Location

Property Details

Core Details

Property TypeMulti Family
Year Built1900
Parcel NumberM:0087 B:0000 L:0027,4202760
ZoningB2
Stories2
MLS #73581570

Space & Sizing

Living Area2,048 sqft
Above Grade2,048 sqft
Total Rooms9
Bedrooms4
Bathrooms3
Lot Size0.05 acres

Features & Systems

Parking2 Parking Spaces
Open Parking2
FoundationBrick/Mortar
Electric100 Amp Service
SewerPublic Sewer
ViewCity View(s)
Water SourcePublic

Features & Amenities

Levels
2
Lead Paint
Certified Treated

Additional Information

Directions: GPS

Financial Details

Annual Taxes$4,876 (2026)
Assessed Value$564,400
Gross Income$56,160
Net Operating Income$56,160
Tax Book Number16807
Listed on Sep 23, 2026 Updated Sep 30, 2026 1:14 AM Essex County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73581570

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

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