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203-205 Saratoga St Lawrence — Photo 1 of 24

203-205 Saratoga St Lawrence — Photo 1 of 24

$849,000

Investment Analysis — 203-205 Saratoga St

Lawrence, MA 01841

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01841 carries an estimated $5,070/mo in gross rent — about a 4.63% cap rate and $39,308/yr in estimated NOI at the $849,000 list price. Adjust every assumption in the calculator below.

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Beds

6

Baths

2

SqFt

3,892

Style

Multi Family

Built

1910

First floor delivered vacant — 3 beds, 1 bath. Second floor is a two-level unit: 3 beds and a full bath on the main level, plus 2 more beds and a second full bath in the finished attic. Eight bedrooms, four baths, 3,892 sq ft on the Lawrence/Methuen line. Live in one side and let the other carry the mortgage, or take both as income. Updated kitchens and newer appliances in both units. Full basement with a full bath and laundry — washer and dryer convey. Separate utilities. Three off-street spaces, city water and sewer. Solar lease transfers at closing. All information deemed reliable but not guaranteed; buyer and buyer's agent to verify. Showings begin at the open house this weekend.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$849,000
Annual Taxes$6,930

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms16
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningR2

Property & Lot

Acres0.11
SqFt Lot4,794
Lot FeaturesCorner Lot

Geography

Property History

Listed
$849,000

Sep 14, 2026

MLS® 73576867

Terminated
$175,000

Aug 3, 2011

MLS® 71157634

Listed
$175,000

Nov 1, 2010

MLS® 71157634

Listing Provided By

Listing Agent: Fermin Group

Listing Office: Century 21 North East

MLS® Number: 73576867