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    34-38 Milton St Lawrence, MA 01841

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    For Sale
    $995,000

    Mixed-use property with residential and commercial buildings in Tower Hill.

    Lot size:
    0.34 Acres

    Property Features for 34-38 Milton St

    General Information

    Lot size
    0.34 Acres

    Building Details

    Year built
    1990

    Source: Keller Williams Gateway Realty Agent Alexandra Desrosiers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Property in Lawrence

    This mixed-use investment property includes two separate buildings situated on a single lot. The first building is a 4-unit residential structure that generates substantial rental income. The second building is a commercial space offering excellent street visibility, making it suitable for various business operations. Located in the Tower Hill area of Lawrence, this property presents an opportunity to generate monthly cash flow through multiple income streams. It is suitable for investors or owner-occupants seeking to expand their portfolio.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.179757
    Latitude
    42.7028073

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with residential and commercial buildings in Tower Hill.
    Where is this mixed-use property located?
    The property is located at 34-38 Milton St Lawrence, MA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Strong rental income from 4-unit residential building.; - Commercial building with excellent street visibility.; - Mixed-use property with multiple income streams.
    (978) 973-6050
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    34-38 Milton St Lawrence, MA 01841
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    Lawrence, MA 01841
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34-38 Milton St Lawrence, MA 01841
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