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Bean Group
Offered at $599,900Active
beds
4
baths
3
sq ft
2,048
Built
1900

48 Union St

Lawrence, MA 01840

About this home

Welcome to 48 Union Street, a townhome-style two-family property featuring an up-and-down duplex configuration in the heart of Lawrence. Offering two separate residences under one roof, this property provides flexibility for an owner-occupant looking to offset monthly expenses with rental income, an investor seeking a centrally located multifamily asset or buyers in need of independent living spaces. Each unit enjoys its own private living area, creating separation and versatility for a variety of ownership strategies. The property is conveniently positioned near Lawrence-area hospitals, medical offices and healthcare facilities, while also providing easy access to downtown amenities, shopping, dining, public transportation and everyday necessities. With its adaptable layout, central location and income-producing potential, 48 Union Street presents an exciting opportunity to own a multifamily property in one of Lawrence’s most accessible areas.

Listing last checked: Listing updated:

Listed by We Close Deals Team · Lamacchia Realty, Inc. · MLS #73581570

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Details at a glance

Interior2 property facts
Rooms
9
Basement
Yes · Full
Building4 property facts
Style
Multi Family
Year built
1900
Parking
2
Foundation
Brick/Mortar
Land & utilities5 property facts
Lot size
0.05 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
B2
Financial2 property facts
Annual taxes
$4,876
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $599,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,440 / monthAdjust
Principal & interest
$3,033
Property tax
$406
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,876. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $618,352

Estimated range $595,805–$640,899.

Automated estimates are not appraisals or guarantees of market value.

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Comparable properties 1 supplied

Sold Aug 1, 2026

$615,000

22 Barker St

Photo-based condition insights

Overall presentation: average

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About 48 Union St

Can I request a private showing?

Request a tour of 48 Union St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.