For sale

$950,000

87-89 Margin St, Lawrence, MA 01841

9beds

4,046sqft

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3 Family

Built in 1890

-- sqft lot

$-- Zestimate^®

$235/sqft

$-- HOA

What's special

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!

30 days

896

26

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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: $235/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

Price history

Date	Event	Price
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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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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