144 Jackson St, Lawrence, MA 01841
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$1,099,900
4 Unit
9 Beds
5 Baths
4614 SQFT
0.23 Acre

Property Description

Massive income-producing 4-unit property on a corner lot minutes away from Downtown! Featuring 7 legal bedrooms + 2 bonus basement rooms, 5 baths, 21 total rooms, and over 4,600 sq ft of living space across two buildings. Recently updated roof (2 years old), 10 off-street parking spaces, and two garage bays with ADU potential. Projected market rent exceeds $10,200/month, making this a rare opportunity for investors or owner-occupants seeking strong cash flow. Separate utilities, spacious layouts, and a generous 0.23-acre lot add even more value.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 9
  • Total Full Baths: 5
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Finished, Interior Access, Other (See Remarks), Partially Finished, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 122880
  • Gross Expenses: 8920
  • Electric Expenses: 720
  • Water/Sewer: 3000
  • INSC: 5200
  • Miscellaneous Expense: 5560

Utilities

  • Electric Info: 100 Amps, Individually Metered, Other (See Remarks)
  • Energy Features: Storm Doors, Storm Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1956
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73418061
  • Last Updated: 08/15/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/14/2025New$1,099,900$238MLSPIN

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Seller's Representative: Vivian Marmol, Home Realty Group LLC
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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MLS PIN data last updated at 2025-08-15 03:30:00