$915,000
SOLD NOV 19, 2025

34-38 Milton St Lawrence, MA 01841

Tower Hill Neighborhood
11 Beds
4 Baths
4,325 Sq Ft
0.34 Acres

Recently Sold

$212 Per Sq Ft

8% Below List Price

16 Days on Market

Highlights

  • 0.34 Acre Lot
  • Porch
  • Baseboard Heating
  • Corner Lot

About This Home

As of November 2025

This mixed-use investment property features two separate buildings on one lot. The first is a 4-unit residential building offering strong rental income. The second is a commercial building with excellent street visibility, ideal for a variety of business uses. Conveniently located in the heart of Tower Hill in Lawrence, this property provides the perfect opportunity to unlock value, converting into serious monthly cash flow through multiple streams of income. This is a great opportunity for investors or owner-occupants looking to expand their portfolio! Showings begin at the open house Saturday 4/26 and Sunday 4/27 11-1.

Last Agent to Sell the Property

Alexandra Desrosiers

Keller Williams Gateway Realty Listed on: 04/24/2025

Keller Williams Gateway Realty

Last Buyer's Agent

Nick Daher

Broad Sound Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,164

Year Built

  • Built in 1990

Lot Details

  • 0.34 Acre Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,325 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Full Bathrooms

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Paved Parking
  • 10 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $5,900
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(gas water)
  • Assessor Parcel Number 104585,4211371

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $70,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,164

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1990
  • Levels: 5
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 11
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • Above Grade Finished Sq Ft: 4325
  • Living Area: 4325
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN5851
  • MAIN SO: AN3502

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 10
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Natural Gas
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Gas,Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 104585,4211371
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7163.93

Multi Family

  • Net Operating Income: 70800
  • Number Of Units Total: 4
  • Total Actual Rent: 5900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 Sold $915,000 -8.0% $212 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $995,000 -- $230 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Alexandra Desrosiers

    Keller Williams Gateway Realty

    (603) 275-0487

    1 in this area

    17 Total Sales

    Alexandra Desrosiers
    Section Image
  • Nick Daher

    Buyer's Agent in 2025

    Nick Daher

    Broad Sound Real Estate, LLC

    (978) 423-7782

    2 in this area

    97 Total Sales

    Nick Daher
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73364106

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Lawrence 01841 Tower Hill

34-38 Milton St, Lawrence, MA

Sold

MultiFamily

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