$950,000
87-89 Margin St
Lawrence, MA, 01841
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!
Property Details
Price:
$950,000
MLS #:
73535749
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
northlawrence
Listed Date:
Jun 14, 2026
Finished Sq Ft:
4,046
Total Sq Ft:
4,046
Lot Size:
1,742 sqft / 0.04 acres (approx)
Year Built:
1890
Units:
3
Schools
Interior
Above Grade Finished Area
4046
Appliances
Range, Refrigerator
Bathrooms
3 Full Bathrooms
Below Grade Finished Area
1338
Cooling
Window Unit(s), Wall Unit(s)
Flooring
Wood, Tile, Vinyl, Carpet, Hardwood
Heating
Baseboard
Interior Features
Bathroom With Tub, Living Room, Dining Room, Kitchen
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School, Other
Construction Materials
Conventional (2×4-2×6)
Lot Features
Other
Open Parking Spaces
1
Open Parking YN
1
Parking Features
Paved Drive, On Street
Parking Spots
1
Parking Total
1
Patio And Porch Features
Deck
Roof
Shingle
Stories
3
Financial
Tax Year
2026
Taxes
$6,269
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Lawrence as of Jun 20, 2026
38
Multi Family Listed
121
Avg DOM
256
Avg $ / SqFt
$1,022,308
Avg List Price
Community
- Address87-89 Margin St Lawrence MA
- CityLawrence
- CountyEssex
- Zip Code01841
Subdivisions in Lawrence
Similar Listings Nearby
Property Summary
- 87-89 Margin St Lawrence MA is a Multi Family for sale in Lawrence, MA, 01841. It is listed for $950,000 To schedule a showing of MLS#73535749 at 87-89 Margin St in Lawrence, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Weichert Realtors’ Daher Companies. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
87-89 Margin St
Lawrence, MA