Sold

87-89 Margin St, Lawrence, MA

Lawrence · MA 01841

$930,000
Price
9
Beds
3
Baths
4046
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 3 Units
Lot size: 1,742 Sq.Ft Lot
Price per square foot: $230 / Sq.Ft
Parking: 1 Off Street Space

About this home

Price Improvement! 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!

Neighborhood & Transit

North Lawrence

87-89 Margin St, Lawrence · MA 01841

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
142 days
Listing Price:
$930,000
Price per Sq.Ft:
$230
Tax Assessment:
$777,000 in 2026
Taxes:
$522 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
3
Half Bathrooms
0
Living Area
4,046 Sq.Ft
Broker Disclosure about Living Area
Seller and listing agent make no representation or warranties. Buyer to verify.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4046
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
200 Amps

Exterior Features

Lot Size
1,742 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
1 Parking Space

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Katherina Ramirez
Listing office
Realty ONE Group Nest
MLS PIN #
73535749
Disclosure
Basement is partially finished with two rooms, bathroom, and a small kitchen that includes a fridge and sink. The two rooms are currently rented and have a 1-year lease. Rent amount is $1,100. - Only 1 small parking space available. Everyone else parks on Bedford st.
Disclosure
Seller and listing agent make no representation or warranties. Buyer to verify.