Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

229 Jackson St, Lawrence, MA, 01841

7beds
6baths
4,583sqft
$1,199,000
$262price/sqft
$8,557/moest. monthly cost
$342,280/yrincome needed

About This Home

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.

Getting Around

85
WalkingVery Walkable
43
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

1/10
Lawrence High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Door features: Storm Door(s)
  • Flooring: Wood,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 4,583

Interior Area

  • Total structure area: 4,583
  • Total interior livable area: 4,583 sqft

Property

Details

  • Parcel number: M:0109 B:0000 L:0034,4204480
  • Zoning: B23

Features

  • Patio & porch: Porch

Lot

  • Lot size: 7,520 sqft

Parking

  • Total spaces: 7
  • Parking features: Paved Drive,Off Street
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4