• $950,000List Price
  • 9Bedrooms
  • 3Bathrooms
  • 0.04Acreage
  • 1890Year Built
  • 4,046Square Feet

A rare opportunity to own a stabilized asset in a high-demand rental market! This well-established 3-unit multi-family property is fully occupied, generating $7,900 per month in gross rental income. Situated conveniently next to shopping and local amenities, this property offers immediate cash flow. A solid addition to any investment portfolio - this asset is performing and ready to transfer!

More Info

Basic Information

  • Gross Income $80,400
  • Lot Features Other
  • Mls StatusNew
  • Parcel Number LAWRM0187B0000L0070,4210076
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)

Location

  • Address87-89 Margin Street
  • Building Number87-89
  • CountyEssex
  • NeighborhoodNorth Lawrence
  • StateMA
  • StreetMargin Street
  • SubdivisionNorth Lawrence
  • TownLawrence
  • Zip01841

Utilities

  • Cooling Window Unit(s), Wall Unit(s)
  • Cooling YN Yes
  • Electric 200+ Amp Service
  • Heat SystemYes
  • Heating Baseboard
  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed06/14/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $777,000
  • Tax Year 2026
  • Taxes$6,269

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms9
  • Full Bath3

Building

  • BasementFull, Partially Finished
  • Building Area Units Square Feet
  • Construction Materials Conventional (2x4-2x6)
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Deck
  • Rooms15
  • Stories3
  • Units3
  • Utilities For Gas Range
  • Year Built1890
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Other
    • Park
    • Public School
    • Public Transportation
    • Shopping
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, On Street
  • Parking Spaces1

Basic Information

  • List Price$950,000
  • MLS Number73535749
  • Modification Date06/15/2026
  • Property SubType3 Family

Property

  • Acreage0.04

Interior

  • Flooring Wood, Tile, Vinyl, Carpet, Hardwood
  • Interior Features Bathroom With Tub, Living Room, Dining Room, Kitchen

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 4,046
  • Lot Size Square Feet 1,742
  • Lot Size Units Acres
  • Square Feet4,046

Legal

  • ZoningB2

Map Location

Driving Directions

Listed by Katherina Ramirez of Realty ONE Group Nest

Lawrence, MA Demographics

There is no data available

Lawrence, MA Real Estate Market Data

There is no data available

Lawrence, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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