151-153 Bailey St

7,841 Sq. Ft.
$220 / Sq. Ft.
7,841
Sq. Ft.
$220
per Sq. Ft.

Description

151-153 Bailey Street is located in South Lawrence, providing strong urban visibility within a well-established neighborhood and convenient access to local amenities. The Property is comprised of two (2) three-unit buildings offering six (6) residential rental units in a highly walkable area with proximate retail, services, and community assets. The Property is within walking distance of the Lawrence MBTA Commuter Rail station, facilitating direct connections to Boston and the surrounding metropolitan...151-153 Bailey Street is located in South Lawrence, providing strong urban visibility within a well-established neighborhood and convenient access to local amenities. The Property is comprised of two (2) three-unit buildings offering six (6) residential rental units in a highly walkable area with proximate retail, services, and community assets. The Property is within walking distance of the Lawrence MBTA Commuter Rail station, facilitating direct connections to Boston and the surrounding metropolitan area. The site is near major thoroughfares with convenient access to I-495 and Routes 28 and 114, supporting efficient regional travel throughout the Merrimack Valley and into Greater Boston. Tenants are responsible for separately metered electricity, as well as gas powered heat & hot water. The Landlord provides city water and sewer to the property. The opportunity exists to acquire a well maintained asset in the desirable Merrimack Valley area.
  1. Listed by Spencer Norton • Horvath & Tremblay

Property Details for 151-153 Bailey Street

Town
Lawrence
Area
MA-Lawrence
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 02/10/2026 03:37 PM

Property Details for 151-153 Bailey Street

StatusNew
MLS #73475924
Days on Market1
Taxes$7,868 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyEssex County

Location

Listing Courtesy of Horvath & Tremblay, Spencer Norton
Add your commute

Building Information for 151-153 Bailey Street

Stories5Residences6Year Built1900Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$9,063 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,407

Property Taxes

$656

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 151-153 Bailey Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 7841.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Other
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Electric: Individually Metered
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 4202487
  • Assessments: $910,600
  • Book: 17330
  • Tax Year: 2026
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 21
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Other
  • Levels: 5
Income / Expenses
  • GOI: $182,400.00
  • GRE: $36,947
  • NOI: $145,453.00
  • Operating Expense: $36,947.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $15,200.00

Property History for 151-153 Bailey Street

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Listed (Active)

MLS PIN #73475924

$1,725,000
DateEvent & SourcePrice
02/10/2026

Listed (Active)

MLS PIN #73475924

$1,725,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 151-153 Bailey Street

Taxable ValueLand$110,500Additions$1,002,100Total$1,112,600
Tax Record2024$10,292 ($858 / month)
Home Facts
Baths3Total Finished SqFt4,031 SqFtAbove Grade Finished SqFt4,031 SqFtStories3Lot Size4,816 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900CountyESSEXAPNLAWR M:0081 B:0000 L:0019

Schools near 151-153 Bailey Street

This home is within Lawrence School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
School For Exceptional Studies
PublicPK to 12

South Lawrence East Elementary School
Public1 to 5

Spark Academy
Public6 to 8

Lawrence High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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151-153 Bailey Street is a multi-family home for sale in Lawrence, MA 01843. This listing's school district is Lawrence School District. Nearby schools include School For Exceptional Studies, South Lawrence East Elementary School and Spark Academy. 151-153 Bailey Street is a 21-bed, 6-bath, 7,841 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Horvath & Tremblay, Spencer Norton

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.