229 Jackson St Lawrence, MA 01841
Arlington NeighborhoodEstimated payment $6,705/month
Highlights
- Medical Services
- Wood Flooring
- Community Pool
- Property is near public transit and schools
- 1 Fireplace
- Tennis Courts
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,845
Year Built
- Built in 1910
Parking
- 3 Car Garage
- Driveway
- 4 Open Parking Spaces
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,583 Sq Ft Home
- 1 Fireplace
- Basement Fills Entire Space Under The House
- Storm Doors
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Full Bathrooms
Utilities
- 6 Heating Zones
- 60 Amp Service
Additional Features
- Porch
- 7,520 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number M:0109 B:0000 L:0034,4204480
Community Details
Overview
- 6 Units
- Near Conservation Area
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $93,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,845 | $664,200 | $127,800 | $536,400 |
| 2024 | $5,933 | $641,400 | $134,300 | $507,100 |
| 2023 | $5,967 | $587,300 | $129,700 | $457,600 |
| 2022 | $5,862 | $512,400 | $122,300 | $390,100 |
| 2021 | $5,869 | $478,300 | $122,300 | $356,000 |
| 2020 | $5,689 | $457,700 | $101,900 | $355,800 |
| 2019 | $5,819 | $425,400 | $75,700 | $349,700 |
| 2018 | $5,400 | $377,100 | $68,600 | $308,500 |
| 2017 | $4,869 | $317,400 | $65,000 | $252,400 |
| 2016 | $4,679 | $301,700 | $50,800 | $250,900 |
| 2015 | $4,459 | $294,900 | $50,100 | $244,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/17/2026 05/17/26 | Price Changed | $1,149,000 | -4.2% | $251 / Sq Ft |
| 03/26/2026 03/26/26 | For Sale | $1,199,000 | -- | $262 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73492347
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