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Home Massachusetts Lawrence Multi-Family Homes for Sale

34-38 Milton Street Lawrence, MA 01841
NEW
11
34-38 Milton Street, Lawrence, MA 01841
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$995,000
4 Unit
11 Beds
4 Baths
4325 SQFT
0.34 Acre

Property Description

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.
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Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 8
  • Total Bedrooms: 11
  • Total Full Baths: 4
  • Basement Features: Full
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 70800
  • Net Operating Income: 70800

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Included in Rent: Gas, Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1990
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73364106
  • Last Updated: 04/24/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/24/2025New$995,000$230MLSPIN

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Seller's Representative: Alexandra Desrosiers, Keller Williams Gateway Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-04-24 09:49:00

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