Property Description

145 Water St benefits from a central, commuter-friendly location with convenient access to downtown Lawrence, Route 28, I-495, I-93 and the Lawrence Commuter Rail Station. The building consists of two (2), 3-Bedroom/ 1-Bathroom units and one (1), 1+ Bedroom/ 1-Bathroom unit. The building contains 2,631 SF of living area in 4,336 SF of gross area. The property is professionally managed, features two (2) tandem parking spaces and has updated units with separately metered, tenant paid utilities. Current rents are below market, allowing a new owner to increase the income of the property by bringing rents to current market rates.