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 13 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