Active
97 Days on market
10 Kempton Ct Lawrence — Photo 1 of 40

10 Kempton Ct Lawrence — Photo 1 of 40

$1,500,000

10 Kempton Ct, Lawrence, MA 01841

Lawrence, MA 01841 — North Lawrence

Beds

12

Baths

6

SqFt

5,576

Style

5+ Family - 5+ Units Up/Down

Built

1920

Exceptional investment opportunity in the heart of Lawrence! Situated on a quiet dead-end street, this well-maintained 6-unit multifamily offers strong cash flow and long-term upside. All six units feature 2 bedrooms, making them highly desirable for tenants. Tenants pay their own utilities, helping keep owner expenses low and maximizing returns. The property has been thoughtfully maintained, with a newer roof approximately 8 years old and updated water heaters installed in 2018, 2019, 2020, 2020, 2023, and 2025. A state-of-the-art sprinkler system is already in place, providing added safety and peace of mind. Additional highlights include a clean basement, ample parking with both front and side lots, and deleading certificates on file. Conveniently located near shopping, restaurants, public transportation, and major highways, this turnkey asset is ideal for both seasoned investors and those looking to expand their portfolio.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$269/sqft
Local Avg (Lawrence)$327/sqft
18% BelowMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Lawrence, MA.

Property Details

Financials

Original Price$1,500,000
Annual Taxes$6,510

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms24
FireplacesNone
FlooringVinyl, Laminate
BasementFull

Climate & Utilities

HeatingNatural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationStone, Brick/Mortar
ZoningR-3

Property & Lot

Acres0.13
SqFt Lot5,803
Lot FeaturesEasements

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Public School

Geography

Population

52,769

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$57K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

68.9%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Miguel Feliz

Listing Office: Coldwell Banker Realty - Andovers/Readings Regional

MLS® Number: 73530723

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