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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 6 |
| Living area | 4,583 sqft |
| Lot size | 7,520 sqft |
| Year built | 1910 |
| Price / sqft | $251 |
| County | Essex |
| MLS # | 73492347 |
Listing status
| Days on market | 56 days |
| Listed on | March 26, 2026 |
Taxes & financials
| Annual property tax | $5,845 |
| Tax year | 2025 |
| Assessed value | $664,200 |
| Zoning | B23 |
| Gross income (actual) | $93,600/yr |
| Net operating income (actual) | $93,600/yr |
| Total actual rent | $6,550/mo |
Building & lot
| Stories | 6 |
| Total rooms | 17 |
| Lot size | 0.17 acres |
| Garage spaces | 3 |
| Parking spaces | 7 |
| Parking | Paved Drive, Off Street |
| Basement | Full |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Gas Oven |
Location
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Listing courtesy of eXp Realty — Martin Alcantara. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 229 Jackson St, Lawrence MA 01841 have?
It is a 6-unit multi-family property with 4,583 sqft of living area, built in 1910.
How long has 229 Jackson St, Lawrence MA 01841 been on the market?
229 Jackson St, Lawrence MA 01841 has been listed for 56 days (since March 26, 2026).
What is the estimated cap rate on this 6-family in Lawrence?
Based on area median rents, the estimated cap rate is about 7.5%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,149,000 across 6 units, that works out to roughly $191,500 per unit.
What are the property taxes on 229 Jackson St, Lawrence MA 01841?
Annual property taxes are $5,845 (2025), on an assessed value of $664,200.
What is the price per square foot?
At $1,149,000 for 4,583 sqft, that's about $251 per square foot.
Is there parking?
3 garage spaces and 7 total parking spaces (paved drive, off street).
Where is this property located?
229 Jackson St, Lawrence MA 01841 is in Lawrence, Essex County, MA 01841.
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