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!
Pending
Price cut: $20K (7/15)
$930,000
87-89 Margin St, Lawrence, MA 01841
9beds
4,046sqft
3 Family
Built in 1890
-- sqft lot
$-- Zestimate®
$230/sqft
$-- HOA
What's special
- 77 days
- 27
- 0
Zillow last checked:
Listing updated:
Listed by:
Katherina Ramirez 978-771-3983,
Realty ONE Group Nest 978-655-1385
Source: MLS PIN,MLS#: 73535749
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- Window Unit(s), Wall Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Bathroom With Tub, Living Room, Dining Room, Kitchen
- Flooring: Wood, Tile, Vinyl, Carpet, Hardwood
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 4,046
- Total interior livable area: 4,046 sqft
- Finished area above ground: 4,046
- Finished area below ground: 1,338
Property
Parking
- Total spaces: 1
- Parking features: Paved Drive, On Street
- Uncovered spaces: 1
Features
- Patio & porch: Deck
Lot
- Size: 1,742 Square Feet
- Features: Other
Details
- Parcel number: LAWRM0187B0000L0070,4210076
- Zoning: B2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Conventional (2x4-2x6)
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School, Other
Location
- Region: Lawrence
Financial & listing details
- Price per square foot: $230/sqft
- Tax assessed value: $777,000
- Annual tax amount: $6,269
- Date on market: 6/14/2026
- Total actual rent: 7900
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Pending sale | $930,000$230/sqft |
Source: MLS PIN #73535749 Report a problem | ||
| 7/22/2026 | Contingent | $930,000$230/sqft |
Source: MLS PIN #73535749 Report a problem | ||
| 7/15/2026 | Price change | $930,000-2.1%$230/sqft |
Source: MLS PIN #73535749 Report a problem | ||
| 6/14/2026 | Listed for sale | $950,000$235/sqft |
Source: MLS PIN #73535749 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 01841
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