43 Lawrence St Wilmington — Photo 1 of 1
$390,000
Investment Analysis — 43 Lawrence St
Wilmington, MA 01887 — North Wilmington
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01887 carries an estimated $4,610/mo in gross rent — about a 8.82% cap rate and $34,382/yr in estimated NOI at the $390,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,504
Style
Single Family
Built
1955
**ATTENTION BUYERS, BUILDERS, INVESTORS AND CONTRACTORS!** Bring your ideas and discover the possibilities at 43 Lawrence Street. Whether you are looking for a home to renovate and make your own, an investment opportunity, or a future project, this property offers plenty of potential. Highlights include a two-car garage, a roof replaced approximately in 2017, and a full bathroom renovated in 2017. Conveniently located near the commuter rail, major highways, shopping, and restaurants. The property is being sold **AS-IS**. The property requires significant work and may be suitable for a complete renovation or new construction, subject to buyer due diligence and all applicable town approvals. Buyers are encouraged to conduct their own inspections, research, and feasibility studies. Don't miss this opportunity to explore the potential! One-time showing scheduled for **Sunday September 27th, at 10:00-12:00.**
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: 752 sq ft (the lesser of 900 sq ft or half the 1,504 sq ft principal dwelling). Lot size: 47,045 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Walk/Jog Trails • Medical Facility • Laundromat • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstKitchen
Lvl FirstBedroom 2
Lvl FirstBedroom 3
Lvl FirstBedroom 4
Lvl SecondBedroom 5
Lvl SecondBathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl SecondBathroom - Half
Listing Agent: Team Blue
Listing Office: ERA Key Realty Services
MLS® Number: 73581292