2-A Lasalle Ave Lawrence — Photo 1 of 27
$425,000
Investment Analysis — 2-A Lasalle Ave
Lawrence, MA 01843
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01843 carries an estimated $2,390/mo in gross rent — about a 4.38% cap rate and $18,625/yr in estimated NOI at the $425,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
640
Style
Single Family
Built
1935
Welcome to this charming and updated one-story conventional home, offering the ease and convenience of single-level living in a desirable suburban Lawrence location. The thoughtfully designed interior features two comfortable bedrooms, one full bathroom, and inviting living spaces with a bright, move-in-ready feel. An updated kitchen and refreshed finishes throughout create a comfortable setting for everyday living and entertaining.The property also includes a spacious two-car garage, providing ample room for vehicles, storage, tools, or a workshop area. Conveniently located near downtown Lawrence, local shopping, restaurants, parks, major commuter routes, and Lawrence-area medical facilities, this home offers excellent access to the city’s many amenities while maintaining a neighborhood setting.Whether you are a first-time homebuyer, downsizing, or searching for a low-maintenance property with valuable garage space, this home presents an excellent opportunity. Schedule your private showing and discover everything this conveniently located Lawrence home has to offer!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 320 sq ft (the lesser of 900 sq ft or half the 640 sq ft principal dwelling). Lot size: 1,755 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
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Listing Agent: We Close Deals Team
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73581566