Welcome to 17 Bicknell Terrace, an exceptional investment opportunity in the sought-after Tower Hill neighborhood of North Lawrence. This charming 4-bedroom, 2-bathroom Colonial, set on a 4,791 SqFt lot, is perfectly suited for both long-term living and short-term rental success. Featuring a spacious 2,501 SqFt of living space, including an in-law suite with a private entrance, this property is an ideal candidate for Airbnb, offering multiple streams of rental income. (See attached Airbnb Rental Analysis)
The first floor boasts a modern, open-concept living and dining area with hardwood floors and recessed lighting, perfect for entertaining guests. The updated kitchen is a chef's dream with granite countertops, lots of cabinets, stainless steel appliances (included), and ample pantry space.
Venture downstairs to discover the hidden gem of this home—the in-law suite. With its own full bathroom, wet bar, custom-built storage, and direct exterior access, it’s a ready-made rental unit or a comfortable space for extended family. The upper level also features additional secret rooms heated and great place for storage or transformed into unique playroom space, adding to the property’s Airbnb themed home potential.
Outside, the home’s curb appeal is enhanced by a classic Colonial facade, a charming enclosed porch, and off-street parking for up to 5 vehicles. Huge driveway and side yard for outdoor family events. Situated in a vibrant community close to public transportation, shopping, parks, and schools, this home provides the perfect balance of suburban tranquility and urban convenience.
Don’t miss out on this unique opportunity to own a versatile property with incredible Airbnb potential in a prime location. Whether you're looking to generate rental income or enjoy multi-generational living, 17 Bicknell Terrace is the perfect choice.
The owner is also offering a 2-family property featuring 4 bedrooms and 2 baths, 38-40 Sanborn St., MLS# 73277355 providing an excellent opportunity to expand your rental portfolio with both short-term and long-term rental potential, both in the sought after Lawrence, MA locations.
Feel free to contact us for more details!