Overview Property Details Payment Calculator Walkability

Pending

34-38 Milton Street, Lawrence MA 01841

$995,000

Estimated $2,210.38/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $248,750

Total Rent: 57600/year

Estimated CAP Rate: 5.07%

11 Bedrooms

4 Full Baths

4,325 SqFt

Total Parking: 10

14,810 SqFt

This mixed-use investment property features two separate buildings on one lot. The first is a 4-unit residential building offering strong rental income. The second is a commercial building with excellent street visibility, ideal for a variety of business uses. Conveniently l...

This home has been viewed 11 times

Last Checked: May 17th, 2025 at 12:18am (Source: MLS PIN #73364106)

Gross Income: $57,600

Gross Expenses: $7,163

Net Income Calc: $50,437

CAP Rate: 5.07%

Annual Expenses for 34-38 Milton Street, Lawrence MA 01841

Total Gross Expenses (Calculated)$7,163/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,163.93

Annual Income & Unit Breakdown for 34-38 Milton Street, Lawrence MA 01841

Total Gross Income (Calculated)$57,600

Unit 1

Rental Income$1,200

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Water), Unit 4(gas

Unit 2

Rental Income$1,200

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Water), Unit 4(gas

Unit 3

Rental Income$1,600

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Water), Unit 4(gas

Unit 4

Rental Income$800

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Water), Unit 4(gas

General Information for 34-38 Milton Street, Lawrence MA 01841

Listing ID73364106

Property TypeMulti Family / 4 Family

Price$995,000 ($230.06/SqFt)

Style4 Family - 4 Units Up/down

CityLawrence

CountyEssex

MLS AreaNorth Lawrence

Neighborhood(s)

Approximate Living Area Total4,325 SqFt

Approximate Lot Size (Acres)0.34 acres

Total Parking10

Garage Parking

Year Built1990

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpacePorch

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 34-38 Milton Street, Lawrence MA 01841

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$70,800

Total Net Income By Broker$70,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 34-38 Milton Street, Lawrence MA 01841

Real Estate Taxes$7,163.93

Tax Year2025

Assessed Value$718,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$70,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$70,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.07%

Location Information for 34-38 Milton Street, Lawrence MA 01841

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaNorth Lawrence

Area Amenities

Contact Information for 34-38 Milton Street, Lawrence MA 01841

Agent

Name: Alexandra Desrosiers

MLS ID: CN258877

Office ID: AN5852

Address: 8 Range Road

City: Windham

State: NH

Zip: 03087

Office

Name: Keller Williams Gateway Realty

MLS Office ID: AN5852

Phone: 603-912-5470

Team Members

Payment Calculator

$6,727.86 per month

30 Years Fixed, 6.75% Interest

Property Taxes $596.99

Principal & Interest $6,130.87

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Gateway Realty

Alexandra Desrosiers

Agent Phone

Office Phone

(603) 912-5470

Text Agent Call Agent Call Office

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[terms] => Array
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        )

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    [year_built_source] => Public Records
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    [zoning] => R2
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EXIT

Pending

34-38 Milton Street, Lawrence MA 01841

$995,000

Annual Expenses for 34-38 Milton Street, Lawrence MA 01841

Annual Income & Unit Breakdown for 34-38 Milton Street, Lawrence MA 01841

General Information for 34-38 Milton Street, Lawrence MA 01841

Disclosures for 34-38 Milton Street, Lawrence MA 01841

Financial Information for 34-38 Milton Street, Lawrence MA 01841

Location Information for 34-38 Milton Street, Lawrence MA 01841

Contact Information for 34-38 Milton Street, Lawrence MA 01841

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Keller Williams Gateway Realty

Alexandra Desrosiers