229 Jackson St, Lawrence MA 01841
Lawrence, MA 01841 • North Lawrence
$1,199,000
$1,149,000
Est. $6,497/month
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.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
4.2%
Price Range
Property Timeline
Price Reduced
May 17, 2026
$1,149,000
$50,000
(-4.17%)
From $1,199,000 to $1,149,000 (-4.2%)
Listed for Sale
Mar 26, 2026
$1,199,000
Original listing
Agent: Martin Alcantara
Office: eXp Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/17/2026 | ↓ Price Reduced | $1,149,000 | $50,000 | - | From $1,199,000 to $1,149,000 (-4.2%) |
| 03/26/2026 | 🏠 Listed for Sale | $1,199,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $5,845 | $664,200 |
Financial Details
Annual Property Tax
$5,845
Tax Year 2025
Assessed Value
$664,200
Facts & Features
3 Car Garage
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1910
Living Area
4,583 sq ft
Lot Size
0.17 acres
Bedrooms
7
Full Baths
6
Total Rooms
17
Investment Metrics
Units
6
Unit 1 Rent
$1,200/mo · Y
Unit 2 Rent
$2,600/mo · N
Unit 3 Rent
$1,250/mo
Unit 4 Rent
$1,500/mo · Y
Total Monthly Rent
$6,550/mo
Gross Income
$93,600
Net Operating Income
$93,600
Cap Rate
8.15%
Interior
Heating
None
Cooling
None
Flooring
Wood, Tile
Appliances
None
Fireplace
None
Fireplaces
1
Basement
Full
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Garage Spaces
3
Has Garage
Yes
Features
Paved Drive, Off Street
Total Spaces
7
Utilities
Electric
60 Amps/less
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Oven
Financial
Annual Tax
$5,845
Assessed Value
$664,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Buyer And Or Buyers Agent To Do Their Due Diligence On Public Record Information. Pro-forma Is Available. Video Recording On Property.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
Buyer and or Buyers Agent to do their due diligence on public record information.
Documents
None
County
Essex
Total market time (incl. prior listings)
56 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1910
Bedrooms
7
Full Bathrooms
6
Living Area
4,583 sq ft
Total Rooms
17
Stories
6
Levels
6
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,583 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
6
Heating, Cooling & Utilities
Heating:
Heating Zones:
6
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Garage Spaces:
3
Total Parking Spaces:
7
Parking Features:
Paved Drive, Off Street
Special Features
Fireplaces:
1
Fireplace Type:
Community Amenities:
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
Nearby Schools
School District
Lawrence School District local
D
Where Graduates Go
Class of 2021
36%
attend college
14%
4-Year
23%
2-Year
3%
Out of State
2%
Working
School Safety
2024-25
2.2%
Average
2.2%
Suspensions
1.1%
In-School
3.3% below state avg
Elementary Schools
10 schools
F
School for Exceptional Studies
0.4 mi
|
#343 of 346
|
Score: 17.7
Improved 40 spots from last year
-40.5 below state avg
118 students
Less Diverse
Rising School
Grades PK-12
B+
Community Day Charter Public School
0.6 mi
|
#125 of 352
|
Score: 46.9
Dropped 12 spots from last year
-11.3 below state avg
1,200 students
Less Diverse
Grades PK-08
C
Lawrence Family Development Charter School
0.9 mi
|
#254 of 352
|
Score: 36.0
Dropped 53 spots from last year
-22.3 below state avg
899 students
Less Diverse
Strong Attendance
Grades PK-08
CLASS, Inc.
1.1 mi
Grades K-12
Lawrence Catholic Academy
1.2 mi
Grades PK-08
C+
Emily G Wetherbee School
1.5 mi
|
#235 of 352
|
Score: 37.5
Improved 66 spots from last year
-20.7 below state avg
480 students
Less Diverse
Rising School
Grades K-08
F
Francis M. Leahy School
0.2 mi
|
#806 of 824
|
Score: 26.5
Improved 27 spots from last year
-31.7 below state avg
525 students
Less Diverse
Rising School
Grades PK-04
D
Oliver Elementary School
0.3 mi
|
#766 of 824
|
Score: 31.2
Improved 48 spots from last year
-27 below state avg
469 students
Less Diverse
Rising School
Grades K-04
Rollins Early Childhood Center
0.5 mi
157 students
Less Diverse
Grades PK-K
Lawrence Early Childhood Center
0.6 mi
205 students
Less Diverse
Grades PK-K
Middle Schools
9 schools
F
Oliver Middle School
0.3 mi
|
#346 of 352
|
Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
348 students
Less Diverse
Grades 05-08
Esperanza Academy
0.4 mi
Grades 05-06
Blessed Stephen Bellesini O.S.A. Academy
0.8 mi
Grades 05-08
C-
Parthum Middle School
0.8 mi
|
#285 of 352
|
Score: 32.8
Dropped 7 spots from last year
-25.4 below state avg
585 students
Less Diverse
Grades 05-08
D
Arlington Middle School
0.9 mi
|
#325 of 352
|
Score: 28.8
Improved 24 spots from last year
-29.4 below state avg
543 students
Less Diverse
Rising School
Grades 05-08
C-
Guilmette Middle School
1.5 mi
|
#294 of 352
|
Score: 31.8
Dropped 12 spots from last year
-26.4 below state avg
457 students
Less Diverse
Grades 05-08
D
Alexander B Bruce School
1.5 mi
|
#331 of 352
|
Score: 27.7
Dropped 7 spots from last year
-30.5 below state avg
462 students
Less Diverse
Grades 03-08
B+
Spark Academy
1.5 mi
|
#6 of 16
|
Score: 35.8
Improved 270 spots from last year
-22.5 below state avg
443 students
Less Diverse
Rising School
Grades 05-08
C-
Frost Middle School
2.2 mi
|
#297 of 352
|
Score: 31.7
Improved 28 spots from last year
-26.5 below state avg
508 students
Less Diverse
Rising School
Grades 05-08
High Schools
5 schools
B-
RISE Academy
0.5 mi
|
#223 of 346
|
Score: 66.7
Same rank as last year
74 students
Less Diverse
College Ready Curriculum
Grades 06-12
B
Phoenix Academy Public Charter High School, Lawrence
0.6 mi
|
#182 of 346
|
Score: 69.9
Same rank as last year
140 students
Moderate
Career Tech Programs
College Ready Curriculum
Grades 09-12
Central Catholic High School
0.7 mi
21 sports
• 2,718 athletes
Strong Athletics
Grades 09-12
B
High School Learning Center
1.1 mi
|
#172 of 346
|
Score: 71.1
Same rank as last year
198 students
Less Diverse
Career Tech Programs
College Ready Curriculum
Grades 09-12
C
Lawrence High School
1.8 mi
|
#270 of 346
|
Score: 44.4
Improved 37 spots from last year
-13.8 below state avg
3,453 students
Less Diverse
13 sports
• 1,440 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
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95% Interest
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Location
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Neighborhood
North Lawrence
229 Jackson St, Lawrence MA 01841
Lawrence, MA 01841
Listing Information
Listing Agent
Martin Alcantara
Listing Office
eXp Realty LLC
Office Phone
888-854-7493
Agent MLS ID
CN210177
Office MLS ID
AN7038
Listing Data Updated
May 21, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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