For sale

Price cut: $50K (5/17)

$1,149,000

229 Jackson St, Lawrence, MA 01841

7beds

4,583sqft

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5-9 Family

Built in 1910

-- sqft lot

$1,131,600 Zestimate^®

$251/sqft

$-- HOA

What's special

Separate gas heating systemsVinyl replacement windowsMansard roof

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.

95 days

262

6

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6
Full bathrooms: 6

Features

Flooring: Wood, Tile
Doors: Storm Door(s)
Basement: Full
Number of fireplaces: 1

Interior area

Total structure area: 4,583
Total interior livable area: 4,583 sqft
Finished area above ground: 4,583

Property

Parking

Total spaces: 7
Parking features: Paved Drive, Off Street
Garage spaces: 3
Uncovered spaces: 4

Features

Patio & porch: Porch

Lot

Size: 7,520 Square Feet

Details

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

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1910

Utilities & green energy

Electric: 60 Amps/Less
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Gas Oven

Community & HOA

Community

Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks

Location

Region: Lawrence

Financial & listing details

Price per square foot: $251/sqft
Tax assessed value: $664,200
Annual tax amount: $5,845
Date on market: 3/26/2026
Total actual rent: 6550
Road surface type: Paved

Estimated market value

$1,131,600

$1.08M - $1.19M

$2,816/mo

Price history

Date	Event	Price
5/17/2026	Price change	$1,149,000-4.2%$251/sqft
Source: MLS PIN #73492347 Report a problem
3/26/2026	Listed for sale	$1,199,000$262/sqft
Source: MLS PIN #73492347 Report a problem

Public tax history

Tax history is unavailable.

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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