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229 Jackson St, Lawrence MA 01841

$1,149,000

Estimated $2,350/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $191,500

Total Rent: 78600/year

Estimated CAP Rate:

7 Bedrooms

Baths

4583

Total Parking: 10 (3 Garage)

7,520 (0.17)

This 6-unit multi-family residence property consists of (4) one-bedroom units, (1) three- bedroom unit, and (1) Studio. Having all separate utilities provides a lower cost of ownership for an investor that is looking for cash flow and income growth potential. The property encompasses 4583 square feet of living area, situated upon a generous 7520 square foot lot. This 6-unit property has a mansard roof that is in good condition, separate gas heating systems, separate electrical electrical panels and meters,vinyl replacement windows, and a recently updated Fire Alarm Panel. Three dedicated garage spaces, with remote openers, offering convenient vehicle accommodations and the potential for additional income. Great commuter location just 1.2 miles from the commuter rail. Close to local shops and downtown restaurants. A short drive to Route 114, Route 495, Route 93, Route 28, the Methuen Loop shopping center, and tax-free shopping in Salem, NH.

This home has been viewed 20 times

Last Checked: May 22nd, 2026 at 5:43am (Source: MLS PIN #73492347)

Gross Income: $78,600

Gross Expenses: $5,845

Net Income Calc: $72,755

Water Views

Annual Expenses for 229 Jackson St, Lawrence MA 01841

Total Gross Expenses (Calculated)$5,845/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5845

Annual Income & Unit Breakdown for 229 Jackson St, Lawrence MA 01841

Total Gross Income (Calculated)$78,600

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 229 Jackson St, Lawrence MA 01841

Listing ID73492347

Property TypeMulti Family / 5+ Family

Price1149000 ($250.71/SqFt)

Style5-9 Family

CityLawrence

CountyEssex

MLS AreaNorth Lawrence

Neighborhood(s)

Approximate Living Area Total4583

Approximate Lot Size (Acres)0.17

Total Parking10 (3 Garage)

Garage Parking3

Year Built1910

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningB23

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 229 Jackson St, Lawrence MA 01841

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Exclusions

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 229 Jackson St, Lawrence MA 01841

Real Estate Taxes5845

Tax Year2025

Assessed Value$664,200

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 229 Jackson St, Lawrence MA 01841

Neighborhood(s)

MLS AreaNorth Lawrence

Area AmenitiesWalk/jog Trails

Contact Information for 229 Jackson St, Lawrence MA 01841

Agent

Name: Martin Alcantara

Office

Name: eXp Realty

Phone: 888-854-7493

Team Members

Payment Calculator

, Interest

Property Taxes 487.08

Principal & Interest 7079.77

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Martin Alcantara

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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    [unparsed] => 229 Jackson St, Lawrence MA 01841
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EXIT

35 More Photos

Active

229 Jackson St, Lawrence MA 01841

$1,149,000

Annual Expenses for 229 Jackson St, Lawrence MA 01841

Annual Income & Unit Breakdown for 229 Jackson St, Lawrence MA 01841

General Information for 229 Jackson St, Lawrence MA 01841

Disclosures for 229 Jackson St, Lawrence MA 01841

Financial Information for 229 Jackson St, Lawrence MA 01841

Location Information for 229 Jackson St, Lawrence MA 01841

Contact Information for 229 Jackson St, Lawrence MA 01841

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

eXp Realty

Martin Alcantara