
159 S Union Street Lawrence — Photo 1 of 14
$1,975,000
159 S Union Street, Lawrence, MA 01843
Lawrence, MA 01843
Beds
21
Baths
7
SqFt
11,280
Style
5+ Family - 5+ Units Up/Down
Built
1930
159 S Union St contains nine (9) total units, comprised of seven (7), 3-Bedroom/1-Bathroom units and two street-level commercial units with 11,280 square feet of gross living area in 15,000 square feet of gross area. Both commercial units are occupied by Hayes Tavern, who recently signed a brand-new lease. The Property is situated on a 0.16-acre parcel and features seven (7) off-street parking spaces. The Property is separately metered for gas powered heat & hot water, as well as individually metered electricity, which tenants pay directly. The Landlord is responsible for providing domestic water and sewer, which they pay directly. 159 South Union Street is strategically located in South Lawrence, providing strong urban visibility within a well-established neighborhood and convenient access to local amenities. The Property is situated in a highly walkable area with numerous retailers, services, and community amenities.
Market Value Analysis
* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Lawrence, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Population
27,445
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$68K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
68.2%
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 Agent: Spencer Norton
Listing Office: Horvath & Tremblay
MLS® Number: 73534642
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