439-443 Riverside Dr

Lawrence, MA 01841

$1,299,000
Price
18
Beds
7,520 Sq. Ft.
$173 / Sq. Ft.
7,520
Sq. Ft.
$173
per Sq. Ft.

Description

Don’t miss this rare opportunity to own a well-performing six-family property in a desirable location near the Methuen line, offered at $1,299,000. Each of the six spacious units features 3 bedrooms and 1 full bath, appealing to quality tenants. Three units have been updated within the past two years, adding value and rental upside. Tenants pay their own utilities, keeping owner expenses low and maximizing cash flow. The property also offers approximately 8 off-street parking spaces, a major perk...Don’t miss this rare opportunity to own a well-performing six-family property in a desirable location near the Methuen line, offered at $1,299,000. Each of the six spacious units features 3 bedrooms and 1 full bath, appealing to quality tenants. Three units have been updated within the past two years, adding value and rental upside. Tenants pay their own utilities, keeping owner expenses low and maximizing cash flow. The property also offers approximately 8 off-street parking spaces, a major perk in this area. Conveniently located near shopping, dining, and major highways, this turnkey property delivers both strong rental income and long-term investment potential.
  1. Listed by Olivares Molina TEAM • Realty One Group Nest
  2. Listed by Johnny Rivas • Realty One Group Nest

Property Details for 439-443 Riverside Drive

Town
Lawrence
Area
MA-Lawrence
Garage Spaces
0
Parking Spaces
8.00
Parking Spaces Total
8
LISTING UPDATED: 07/16/2025 07:32 AM

Property Details for 439-443 Riverside Drive

StatusUnder Agreement
MLS #73358630
Days on Market75
Taxes$7,629 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1920
CountyEssex County

Location

Listing Courtesy of Realty One Group Nest, Olivares Molina TEAM; Realty One Group Nest, Johnny Rivas
Add your commute

Building Information for 439-443 Riverside Drive

Stories5Residences6Year Built1920Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$7,442 per month

30 year fixed, 6.845% Interest

Principal and Interest

$6,806

Property Taxes

$636

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 439-443 Riverside Drive

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Highway Access
  • Living Area: 7520.0
  • Color: Gray
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • 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
  • Flooring: Varies
  • SpaYN: No
Exterior Features
  • Construction: Frame, Concrete
  • Lot Description: Corner Lot
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer and/or buyer's agent. Operating expenses & rent roll attached on MLS.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:0224 B:0000 L:0004,4211788
  • Assessments: $866,900
  • Book: 17717
  • Tax Year: 2025
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 18
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Stone
  • Levels: 5
  • Heat Units: 6
  • Heat Zones: 6
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
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 439-443 Riverside Drive

DateEvent & SourcePriceAppreciation
Jun 25, 2025

Under Agreement

MLS PIN #73358630

Jun 10, 2025

Contingent

MLS PIN #73358630

May 21, 2025

Price Change

MLS PIN #73358630

$1,299,000
Apr 11, 2025

Listed (Active)

MLS PIN #73358630

$1,350,000
Apr 14, 2023

Sold

MLS PIN #73051447

$929,000
Dec 16, 2022

Under Agreement

MLS PIN #73051447

Dec 16, 2022

Contingent

MLS PIN #73051447

Oct 24, 2022

Listed (Active)

MLS PIN #73051447

$949,000
DateEvent & SourcePrice
06/25/2025

Under Agreement

MLS PIN #73358630

06/10/2025

Contingent

MLS PIN #73358630

05/21/2025

Price Change

MLS PIN #73358630

$1,299,000
04/11/2025

Listed (Active)

MLS PIN #73358630

$1,350,000
04/14/2023

Sold

MLS PIN #73051447

$929,000
12/16/2022

Under Agreement

MLS PIN #73051447

12/16/2022

Contingent

MLS PIN #73051447

10/24/2022

Listed (Active)

MLS PIN #73051447

$949,000

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

Public Records for 439-443 Riverside Drive

Taxable ValueLand$127,800Additions$789,100Total$916,900
Tax Record2024$8,481 ($707 / month)
Home Facts
Baths6Total Finished SqFt7,520 SqFtAbove Grade Finished SqFt7,520 SqFtStories3Lot Size6,534 SqFtStyleMulti-Family Res (5+ Units)Year Built1920CountyESSEXAPNLAWR M:0224 B:0000 L:0004

Schools near 439-443 Riverside Drive

This home is within Lawrence School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 12
Public - 1 to 4
Public - 5 to 8
Rating
School
Distance
James F Hennessey
PublicPK to 2

School For Exceptional Studies
PublicPK to 12

Gerard A. Guilmette
Public1 to 4

Guilmette Middle School
Public5 to 8

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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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 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 Realty One Group Nest, Olivares Molina TEAM; Realty One Group Nest, Johnny Rivas

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.